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Velodrome Finance

Velodrome Finance

VELO

45.86 %(1Y)

$0.02466797

Price chart

Statistics

Price change (24h):

6.73%

High (24h):

$0.02475332

Low (24h):

$0.02275452

Volume (24h):

$3.11M

Market Cap:

$30.41M

All Time High:

93.97% $0.41

Dec 13, 2024

All Time Low:

341% $0.01

Jul 5, 2022

About Velodrome Finance

Velodrome Finance (VELO) is a cryptocurrency launched in 2022. It categorically occupies the Decentralized Exchange (DEX) and Automated Market Maker (AMM) niche, deeply embedded within the Optimism ecosystem as an exchange-based token anchoring DeFi liquidity inflections.

The core utility targets the persistent liquidity fragmentation that hobbles Layer 2 rollups. Velodrome acts as a native liquidity marketplace purpose-built to facilitate low-slippage swaps between OP-stack assets and bridged tokens, directly countering the capital idle that dilutes early network effects on Optimism.

Velodrome Finance operates on the Optimism network. Its architecture exploits the EVM-equivalent execution environment of Optimistic Ethereum, finalizing batches of swap instructions through the rollup’s fraud-proof settlement layer. Transaction payloads inherit the L2’s compression and rapid inclusion logic.

Smart contracts implementing the exchange reside immutably at 0x9560e827af36c94d2ac33a39bce1fe78631088db, compliant with the ERC-20 token specification for VELO. The liquidity pools employ constant-function automated market making, recalculating ratios per atomic swap, while the entire system absorbs Optimism’s block propagation dynamics without erecting its own validator set.

Emerging on May 31, 2022, the project materialized without named founders, surfacing right as Optimism’s total value locked began its inflection. Across 174 active trading markets it coalesced volumes rapidly, forming a decentralized coordination point for yield seekers migrating away from mainnet gas exposure.

The long-horizon mission revolves around constructing a self-reinforcing liquidity flywheel native to Optimism. By interlocking swapper demand with deeply provisioned pools, the protocol intends to compress the effective cost of capital deployment for the entire chain’s DeFi surface, rather than serving as just another venue.

VELO operates mechanically as the incentive and governance engine. Fresh token emissions route toward liquidity providers proportional to their pool stake, while token-weighted voting directs the velocity of those emissions across approved gauge pairs. Fee revenues accrue to participants embedded in this staking topology.

Liquidity providers deposit token tuples into vetted pools and earn VELO rewards layered atop swap fee proration. Projects negotiating gauge weight can batch-bootstrap markets for nascent assets. Holders exercising governance rights can tilt the emission cadence toward pools aligning with their strategic portfolio exposure.

Velodrome Finance has a total supply of 2,448,643,448 tokens. Currently, 1,152,990,177.64 are in circulation. With a market capitalization of $18,411,193.00, Velodrome Finance ranks #900 among all cryptocurrencies.

Velodrome Finance Historical Price Data

Date Open Close High Low
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Why is manual trading Velodrome Finance a bad idea?
Manual velo trading
  • Miss perfect entry/exit
  • Emotional decisions
  • Huge time to monitor
Stoic AI
  • AI trades 24/7 automatically Catch every opportunity

  • Zero-emotion algorithm Disciplined strategy

  • Passive income Set & forget automation

20,000+

traders trusted Stoic AI

$200M+

in cumulative assets under management since inception

2015

year of company foundation

Try Automated VELO Trading

FAQ

  • Velodrome Finance (VELO) is a cryptocurrency that can be bought, sold, and traded on major exchanges. Its price changes in real time based on supply, demand, and broader market conditions. You can track the live VELO price, market cap, and 24-hour trading volume at the top of this page.
  • The current price of Velodrome Finance (VELO) is $0.02466797. Over the last 24 hours, it has moved 6.73%. Crypto prices update continuously, so short-term changes can happen quickly.
  • You can buy Velodrome Finance on major exchanges like Binance, Coinbase, or KuCoin. However, simply buying and holding can be risky due to market volatility.

    The smartest way to manage your VELO investment is to connect your exchange account to Stoic AI. This allows you to keep funds on your preferred exchange while our institutional-grade algorithm automates the trading strategy for you, aiming to outperform manual trading.
  • Velodrome Finance's price is influenced by overall crypto market trends, trading volume, investor sentiment, regulatory news, and macroeconomic events. High volatility is common - VELO can move 5-15% in a single day. This makes timing the market extremely difficult for manual traders but creates opportunities for systematic, data-driven strategies.
  • We can’t provide investment advice. Whether Velodrome Finance is a good investment depends on your risk tolerance, time horizon, and strategy. Crypto markets are highly volatile and past performance doesn't guarantee future results. Many investors reduce risk by diversifying across multiple assets and using automated strategies that remove emotional decision-making. Always do your own research before investing.
  • Common approaches include buy & hold, discretionary trading based on technical analysis, or automated strategies. Manual trading can be difficult due to fees, timing, and emotional decisions. Stoic AI offers an out-of-the-box automated approach: connect your exchange via trade-only API permissions, choose a strategy, and the system manages portfolio rebalancing 24/7.
  • Stoic AI uses hedge fund-grade quantitative strategies developed by Cindicator, a fintech company with 9+ years of experience and $230M+ in assets under management. The algorithm analyzes price data, volatility, and correlations to build and rebalance a diversified portfolio. VELO can be included based on real-time market conditions. Over 18,000 customers already use Stoic AI to automate their crypto portfolios.
  • With Stoic AI, your funds stay on your exchange (Binance, Coinbase, KuCoin, etc.) at all times. Stoic connects via read-and-trade-only API keys - it cannot withdraw your funds. The platform uses institutional-grade risk management and has been live-tested through multiple market cycles since 2020, including the 2022 crypto winter. You maintain full control and can disconnect at any time.
  • You can start with as little as $500. There are no lock-ups and no hidden fees. You can try it now and withdraw your funds at any time. Create a Stoic account, connect your exchange using an API key with trading‑only permissions, choose a strategy, and start automated trading. You can stop anytime by revoking the API key on your exchange. Since the funds stay in your exchange wallet, you remain in control of deposits and withdrawals.

Disclaimer:

This website is operated by Cindicator Ltd. (“Cindicator”), a Gibraltar private company. You are solely responsible for compliance with all laws that may apply to you and your use of Cindicator products. Cryptocurrencies and blockchain technologies have been the subject of scrutiny by regulatory bodies worldwide. With respect to your use of Cindicator products, Cindicator makes no representations regarding the applicability or compliance of its products with any laws or regulations, including, without limitation, those related to trading, options, derivatives, or securities. You also assume all legal, economic, and other risks related to your use of Cindicator products, including legal uncertainty, market volatility, and information security risks, among others. Trading in cryptocurrencies and digital assets is highly speculative, and the value of investments can fluctuate dramatically. You may lose a substantial portion or even all of your invested capital, and such trading may not be suitable for everyone. If you are unsure about these risks or your ability to bear potential losses, you should consult with an independent financial advisor before using Cindicator products. Depending on your jurisdiction, access to or use of Cindicator products may be subject to certain legal restrictions or prohibitions. You agree that it is solely your responsibility to determine and comply with any laws and regulations applicable to your use of Cindicator products, and that Cindicator is not responsible for informing you of such requirements.

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