VELO
$0.06

Velodrome Finance (VELO) Price

$0.06
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Velodrome Finance (VELO) Price Today

The live price of Velodrome Finance is $0.06 USD. In the past 24 hours, the trading volume of Velodrome Finance was $13.4M USD, with a change of +2.95%. The current live price of Velodrome Finance has changed by 0% from its 7-day high of $- USD and by 0% from its 7-day low of $- USD. With a circulating supply of $2,088,243,965.03 VELO, the market cap of Velodrome Finance is currently $56.3M USD, marking a -41.14% change in the last 24 hours. Velodrome Finance currently ranks 509 by market capitalization.

Velodrome Finance (VELO) Market Data

Market Cap
$57.7M
24h Volume
$13.4M
Circulating Supply
2B VELO
Maximum Supply
--
Fully Diluted Market Cap
$131.6M
Liquidity Indicator
23.39%
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About Velodrome Finance (VELO)

What is Velodrome Finance?



Velodrome Finance is a decentralized exchange (DEX) built on the Optimism Layer 2 network. Launched in June 2022, Velodrome aims to enhance liquidity provision and reduce slippage using an Automated Market Maker (AMM) model inspired by other successful protocols like Curve Finance and Olympus DAO. The platform introduces two primary types of liquidity pools: Stable Pools for low-volatility assets and Variable Pools for more volatile tokens, allowing users to choose based on their risk tolerance. Velodrome’s governance and reward system revolves around its native token, VELO, which can be locked to obtain veVELO, a governance token that gives users voting power and access to rewards such as transaction fees and bribes.


Disclaimer: Price analysis and valuation are affected by many factors. Theoretical analysis does not mean that the token will definitely reach the envisioned price level. Therefore, the content of this article does not constitute any investment advice. Investors need to do their own research.

Information source

Velodrome Finance (VELO) Price Converter

VELO to USD
1 VELO = $ 0.06
VELO to VND
1 VELO = ₫ 1,635.80
VELO to EUR
1 VELO = € 0.05
VELO to TWD
1 VELO = NT$ 1.90
VELO to IDR
1 VELO = Rp 1,035.97
VELO to PLN
1 VELO = zł 0.23
VELO to UZS
1 VELO = so'm 812.82
VELO to JPY
1 VELO = ¥ 9.13
VELO to RUB
1 VELO = ₽ 5.09
VELO to TRY
1 VELO = ₺ 2.44
VELO to THB
1 VELO = ฿ 2.08
VELO to UAH
1 VELO = ₴ 2.62
VELO to SAR
1 VELO = ر.س 0.23
Velodrome Finance Price Converter

How to Buy Velodrome Finance (VELO)

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How to Buy VELO Guide

Frequently Asked Questions about Velodrome Finance (VELO)

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Disclaimer:
Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.
By accessing and using this platform, you agree to comply with our Terms of Use.
Trading cryptocurrencies and other financial instruments involves risks, including the potential for loss of funds. You should never trade more than you can afford to lose. Please be aware of the risks involved and seek independent financial advice if necessary.
For more detailed information, please refer to our Risk Disclosure Statement.
Disclaimer:
Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.
By accessing and using this platform, you agree to comply with our Terms of Use.
Trading cryptocurrencies and other financial instruments involves risks, including the potential for loss of funds. You should never trade more than you can afford to lose. Please be aware of the risks involved and seek independent financial advice if necessary.
For more detailed information, please refer to our Risk Disclosure Statement.