195960
Velodrome
@velodrome #195960
The central trading and liquidity marketplace on @optimismFND
velodrome.finance
11252 Follower 58 Following
Superchain Interoperability Comes Earlyπ΄
Velodrome and Hyperlane are teaming up to launch a dual interop layer that will be available to Superchain partners starting in November, making interoperability a reality ahead of the broader launchπ
Velodrome and Hyperlane are teaming up to launch a dual interop layer that will be available to Superchain partners starting in November, making interoperability a reality ahead of the broader launchπ
Slipstream APR Comparison π΄
WETH - OP LPs earn a steady stream of VELO rewards, while UniV3 LPs rely on market volatility for fees.
WETH - OP LPs earn a steady stream of VELO rewards, while UniV3 LPs rely on market volatility for fees.
Epoch 123 Update π΄ββοΈ
Velodrome volume $322m this epoch, with Slipstream accounting for 95% of that. veVELO voters received the highest Total Rewards in the last 7 epochs, with ~$479k in total rewards.
Velodrome volume $322m this epoch, with Slipstream accounting for 95% of that. veVELO voters received the highest Total Rewards in the last 7 epochs, with ~$479k in total rewards.
Velodrome Racing Ahead π΄
Since June's update, the USDC - WETH pair's dominance on Optimism mainnet has soared, hitting $725M in volume vs Uni's $95M in September.
Velodrome aims to expand across more chains to serve the entire Superchain π΄
https://x.com/VelodromeFi/status/1807836638762225982
Since June's update, the USDC - WETH pair's dominance on Optimism mainnet has soared, hitting $725M in volume vs Uni's $95M in September.
Velodrome aims to expand across more chains to serve the entire Superchain π΄
https://x.com/VelodromeFi/status/1807836638762225982
Superchain Frontend Changes π’
Velodrome's evolution to the DEX servicing liquidity across the Optimism Superchain is progressing with key UX improvements.
Velodrome will provide a unified trading, LP'ing, incentivizing, and voting strategy across the Superchain.
Updates π
Velodrome's evolution to the DEX servicing liquidity across the Optimism Superchain is progressing with key UX improvements.
Velodrome will provide a unified trading, LP'ing, incentivizing, and voting strategy across the Superchain.
Updates π
$15 billion in volume π΄ββοΈπ
Velodrome has surpassed $15 billion in cumulative volume. Velodrome is the top DEX on Optimism mainnet and, with Superchain 1.0 on the horizon, it will soon be the liquidity hub for the entire Superchain.
Velodrome has surpassed $15 billion in cumulative volume. Velodrome is the top DEX on Optimism mainnet and, with Superchain 1.0 on the horizon, it will soon be the liquidity hub for the entire Superchain.
$15 Million in Cumulative Swap Fees π΄
Velodrome has crossed $15 million in cumulative swaps fees. As always veVELO voters receive 100% of swap fees and voting incentives.
Velodrome is paving the way for liquidity across the Superchain.
Velodrome has crossed $15 million in cumulative swaps fees. As always veVELO voters receive 100% of swap fees and voting incentives.
Velodrome is paving the way for liquidity across the Superchain.
Best in Class Incentives Efficiency π΄ββοΈ
In Epoch 122, protocols received 2.06x in VELO LP rewards for every $1 of voting incentive deposited.
Velodrome is the Superchain's best liquidity bootstrapping engine. π΄
In Epoch 122, protocols received 2.06x in VELO LP rewards for every $1 of voting incentive deposited.
Velodrome is the Superchain's best liquidity bootstrapping engine. π΄
Epoch 121 Update π΄ββοΈ
Velodrome recorded its fourth-highest volume ever, reaching $233 million this epoch. Slipstream contributed 92% of this volume. veVELO voters earned approximately $384,000 in total rewards.
Velodrome recorded its fourth-highest volume ever, reaching $233 million this epoch. Slipstream contributed 92% of this volume. veVELO voters earned approximately $384,000 in total rewards.
Best in Class Incentives Efficiency π΄πΌ
In epoch 120, protocols incentivizing on Velodrome received a 1.9x multiplier in LP rewards for every $1 of voting incentive deposited.
Velodrome is the Superchain's best liquidity bootstrapping engine.
In epoch 120, protocols incentivizing on Velodrome received a 1.9x multiplier in LP rewards for every $1 of voting incentive deposited.
Velodrome is the Superchain's best liquidity bootstrapping engine.
Unprecedented Alignment π΄ββοΈπ΄ββοΈ
veVELO voters, including core contributors, receive 100% of the protocol's total rewards, which leads to radical, long-term alignment.
No token sales, no vested contributor tokens. Read about The Token in Part 2 of the Mirror series.
https://x.com/VelodromeFi/status/1831724146364928508
veVELO voters, including core contributors, receive 100% of the protocol's total rewards, which leads to radical, long-term alignment.
No token sales, no vested contributor tokens. Read about The Token in Part 2 of the Mirror series.
https://x.com/VelodromeFi/status/1831724146364928508
Less time browsing, more time earning. Get straight to the best Velodrome rewards with
@yearnfi X Velodrome: your new hub for Yearn Velodrome vaults.
https://velodrome.yearn.space
@yearnfi X Velodrome: your new hub for Yearn Velodrome vaults.
https://velodrome.yearn.space
Epoch 120 Update π΄ββοΈ
Velodrome volume reached $233m this epoch, with Slipstream accounting for 95% of that. veVELO voters always receive 100% of total rewards, approximately $375k in Epoch 120.
Velodrome volume reached $233m this epoch, with Slipstream accounting for 95% of that. veVELO voters always receive 100% of total rewards, approximately $375k in Epoch 120.
Velodrome Volume Update π΄
Velodrome dominates Optimism mainnet in terms of volume, securing 74% of CL volume yesterday. Not only that, but 60% of total volume onchain.
Velodrome dominates Optimism mainnet in terms of volume, securing 74% of CL volume yesterday. Not only that, but 60% of total volume onchain.
ALM TVL Growth π΄ββοΈ
Since our launch last week, in collaboration with Mellow ALM, the Automated Liquidity Management for Slipstream pools has accumulated ~$240k.
ALM uses an optimal tick range that maximizes VELO rewards for LPs. Deposit now on Velodrome.
Since our launch last week, in collaboration with Mellow ALM, the Automated Liquidity Management for Slipstream pools has accumulated ~$240k.
ALM uses an optimal tick range that maximizes VELO rewards for LPs. Deposit now on Velodrome.
Monday Morning Reading π΄ββοΈ
Among the top 10 most productive DeFi dApps, only two distribute all produced value to active voters: Velodrome and @aerodrome.
Source: Token Terminal
Read more in the Mirror series below π
https://x.com/VelodromeFi/status/1831724146364928508
Among the top 10 most productive DeFi dApps, only two distribute all produced value to active voters: Velodrome and @aerodrome.
Source: Token Terminal
Read more in the Mirror series below π
https://x.com/VelodromeFi/status/1831724146364928508
Epoch 119 Update π΄ββοΈ
Velodrome volume reached $308.77m this epoch, with Slipstream accounting for 94% of that. veVELO voters received ~$403.7k in total rewards at a 23.38% vAPR.
Mellow ALM is now live on Velodrome, too, so expect consistently high volume share.
Velodrome volume reached $308.77m this epoch, with Slipstream accounting for 94% of that. veVELO voters received ~$403.7k in total rewards at a 23.38% vAPR.
Mellow ALM is now live on Velodrome, too, so expect consistently high volume share.
The Optimism Superchain is Ethereum's best scaling solution, delivering a fast, low cost, mobile app-like experience with Ethereum's security benefits.
Velodrome will play a critical role in building the Superchain. Read on to learn more. π΄ββοΈ
Velodrome will play a critical role in building the Superchain. Read on to learn more. π΄ββοΈ
Velodrome's Superchain expansion continues to Ozean by Clearpool Finance, a blockchain for Real World Assets.
This will will mark another key Superchain L2 deployment for Velodrome as it evolves into the liquidity hub of the Superchain.
Read more about this below π
This will will mark another key Superchain L2 deployment for Velodrome as it evolves into the liquidity hub of the Superchain.
Read more about this below π
Velodrome's Native Automated Liquidity Manager (ALM) is live. π΄π¦
Read the thread from our trusted partners, Mellow, to learn how LPs can maximize VELO rewards, traders get improved execution, and veVELO voters receive more fees.
VELO π€ Mellow.
https://x.com/mellowalm/status/1833506253672513868
Read the thread from our trusted partners, Mellow, to learn how LPs can maximize VELO rewards, traders get improved execution, and veVELO voters receive more fees.
VELO π€ Mellow.
https://x.com/mellowalm/status/1833506253672513868
Velodrome Continues Leading the Pack π΄
September 5th marked another all-time high for Velodrome, capturing 74% of the CL volume on the Optimism Mainnet compared to UniV3.
Velodrome's flywheel offers steady rewards to liquidity providers. π΄
September 5th marked another all-time high for Velodrome, capturing 74% of the CL volume on the Optimism Mainnet compared to UniV3.
Velodrome's flywheel offers steady rewards to liquidity providers. π΄
Epoch 118 Recap π΄ββοΈ
Velodrome volume reached $244m this epoch, with Slipstream accounting for 95% of that. veVELO voters shared ~$402k in total rewards.
Velodrome volume reached $244m this epoch, with Slipstream accounting for 95% of that. veVELO voters shared ~$402k in total rewards.
Part 2: The Token
Thoughtful token design has advanced the MetaDEX beyond previous DEX models.
https://mirror.xyz/0xc3BC039a69A9d732229E810B08a25329e13953d6/bhO807vBHVS5kOtnZE-MCsqZR6zm2wxiZp2OuzvPACk
Thoughtful token design has advanced the MetaDEX beyond previous DEX models.
https://mirror.xyz/0xc3BC039a69A9d732229E810B08a25329e13953d6/bhO807vBHVS5kOtnZE-MCsqZR6zm2wxiZp2OuzvPACk
Weekly Slipstream Volume Update π΄
Slipstream USDC - WETH volumes dominated Uniswap V3 last month. Velodrome has emerged as the leading DEX for key pairs on Optimism, providing the best CL experience for both LPs and traders.
100% of the Slipstream fees go to veVELO voters.
Slipstream USDC - WETH volumes dominated Uniswap V3 last month. Velodrome has emerged as the leading DEX for key pairs on Optimism, providing the best CL experience for both LPs and traders.
100% of the Slipstream fees go to veVELO voters.
Velodrome Leads the Pack π΄
On September 1st, Velodrome hit an all-time high, capturing 72% of the CL volume on Optimism mainnet compared to UniV3.
Velodrome's flywheel offers steady rewards for liquidity providers, regardless of market volatility.
On September 1st, Velodrome hit an all-time high, capturing 72% of the CL volume on Optimism mainnet compared to UniV3.
Velodrome's flywheel offers steady rewards for liquidity providers, regardless of market volatility.