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