Velodrome

Verified
Regenerative

Velodrome is a decentralized exchange on the Superchain that rewards users for providing liquidity and participating in governance.

Organization
DEX
Homebase
Established
2023
Team size
21-50
Last updated
May 21, 2025
Token
Rating
Type
Liquidity
Mkt Cap
No tokens found.
Description

Velodrome is an automated market maker (AMM) built on the Superchain. Users can provide liquidity, earn VELO tokens, and participate in governance by locking VELO into veVELO NFTs. This system allows users to vote on which liquidity pools receive rewards, aligning incentives across the platform.

Value Proposition

Velodrome provides a capital-efficient way to trade and earn on Optimism. Its design directs all protocol incentives and fees to veVELO holders, encouraging active participation. The use of NFTs for governance and a self-optimizing liquidity system helps maintain deep liquidity and fair distribution of rewards.

Milestones
  • Surpassed $28 Billion in Cumulative Volume, marking a significant milestone in trading volume, reflecting the platform's growth and adoption

  • Reached Over 15,000 Unique veVELO Holders

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