Velodrome Finance
VELO Rank #490Price chart
What is Velodrome Finance?
Exchange mechanics
Velodrome launched on June 2, 2022. Its V2 redesign followed on June 22, 2023. Traders swap assets through automated liquidity pools. Liquidity providers can stake deposits in gauges. Gauge participation makes deposits eligible for VELO emissions.
Vote-escrowed positions
Holders lock VELO to create veVELO NFTs. Locks can extend to four years. Longer remaining durations carry greater voting weight. Voters direct emissions toward selected pools. They receive relevant trading fees and voting incentives. V2 also supports permanent maximum locks with voting power that does not decay.
Issuance and distribution
The original VELO supply was 400 million tokens. Weekly emissions add tokens for liquidity incentives. Epochs last seven days. Pool votes determine how eligible emissions are distributed. veVELO positions receive rebases under the protocol's emissions model. Initial community, partner and foundation allocations supported the exchange's launch.
Where to trade VELO
29 exchanges · top 10
Live spot quotes from connected exchanges
VELO funding rates
Live perpetual funding on every connected exchange. Positive = longs pay shorts.
Contracts & chains
Exact contract or mint per network — the identity layer used for DEX routing.
On-chain routes
Networks with a connected DEX routing adapter.