VELO is the ERC-20 utility token of the Velodrome protocol. The protocol supports token swaps through liquidity pools and uses VELO to incentivize liquidity providers.

Velodrome Price Today, Live Market & Historical Trend Chart

Q: What does locking VELO do?

Holders can lock VELO into veVELO. veVELO is an NFT representing governance rights and can be used to participate in protocol voting.

Q: What can voting affect?

veVELO holders can vote on which liquidity pools receive more VELO emissions. Voters can receive protocol fees and voting incentives.

Q: How do liquidity providers receive VELO?

After providing liquidity, users need to stake their liquidity positions in the protocol's reward pool to participate in VELO emission rewards. Rewards vary with pool voting results and position status.

Q: How is VELO issued and distributed?

VELO emissions incentivize staked liquidity positions. veVELO votes determine the share of emissions available to different pools, so rewards are not fixed.

Rank 455

$0.03751

+$0.00017(+0.48%)

Market Cap

$49.65M

24h High

$0.03892

24h Low

$0.03659

24h Turnover

$63.76K

Total Supply

2.43B

Market Sentiment

Neutral

Velodrome (VELODROME) Price Performance

View Velodrome (VELODROME) Price Prediction

Velodrome (VELODROME) has a Last Price of $0.03751, with a 24h change of +0.48%. The 24h low is $0.03659, the 24h high is $0.03892, and the 24h turnover is $63.76K. The current market cap is approximately $49.65M, ranking 455 by market cap and accounting for 0.0017% of the total crypto market cap. The All-Time High is $0.40751 (⁦2024-12-13⁩), with a change from the All-Time High of -90.80%.

7 Days
-4.35%
Low
$0.03349
High
$0.04876
30 Days
+25.65%
Low
$0.02775
High
$0.04876
90 Days
+115.38%
Low
$0.01595
High
$0.04876
1 Year
+13.80%
Low
$0.01184
High
$0.05441

Fear & Greed Index

0 Extreme Fear100 Extreme Greed

Yesterday: 55; Normal
Last Week: 62; Greed
Last Month: 70; Greed

The Fear & Greed Index is currently 63/100, in the Greed zone; change from yesterday: +8, from last week: +1, and from last month: -7. Lower values indicate more fearful sentiment, while higher values indicate more greedy sentiment. This does not represent price change.

Why Did Velodrome (VELODROME) Rise in the Last 24 Hours?

The merger migration plan announced on October 16 sets an exchange ratio of 0.044 AERO for each VELODROME, with the associated trading pair scheduled to cease trading at 03:00 UTC on November 3. The fixed ratio provides a valuation reference ahead of migration; if AERO strengthens, VELODROME’s implied value at that ratio also rises, which could attract follow-on buying, but this does not establish the cause of the move. On October 20–21, the top-five-level bid-to-ask depth ratio was 1.51, indicating a slight bid-side advantage. However, absolute depth was low and the spread was about 2.5%, so even medium-sized orders could have a noticeable impact; the order-book signal should be considered in light of these liquidity constraints.

About Velodrome (VELODROME)

The core of Velodrome Finance is the Optimism protocol solution to appropriately incentivize the liquidity of its own use cases. Building on the foundation laid by Solidly, our team has addressed the core issues of the first iteration to achieve its full potential. Velodrome Finance uses two tokens to manage its utility and governance: the ERC-20 utility token of the VELO protocol, which is used to reward liquidity providers through emissions$ VEVELO - ERC-721 governance token in the form of NFT (Non fungible Token), used for governance. Any $VELO holder can vote to host their tokens and receive $veVELO (also known as veNFT) in exchange. Additional tokens can be added to $veVELO NFT at any time.

Use Cases and Features

VELO is the ERC-20 utility token of the Velodrome protocol, used to coordinate liquidity incentives. Holders can lock VELO to create veVELO—an NFT representing governance rights—and vote on where emissions are directed. Voters can receive protocol fees and voting incentives; liquidity providers can participate in VELO emission rewards after staking their positions in the reward pool.

Supply and Issuance Mechanism

VELO is used through the protocol’s emissions mechanism to incentivize participants with staked liquidity positions. The share of emissions available to each liquidity pool is determined by veVELO holder votes; providers’ actual rewards also depend on their positions and staking status.

Margin

Optimism Ecosystem

USDT

Website

Explorers

How to Buy and Use Velodrome (VELODROME)

How to Buy

Buy in just four steps (Log in -> Verify -> Purchase -> Receive crypto)

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Est.30-Day APR

6.43%

Velodrome (VELODROME) Basics & Market Insights

Fundamentals

Velodrome Finance: Latest Updates and Price Analysis — Evaluating the Impact of the Aero MergerBeginner

What is Velodrome Finance? All You Need to Know About VELOIntermediate

Comprehensive Analysis of the Velodrome Finance AMM PlatformBeginner

Market Analysis

Velodrome Price Analysis: Unveiling Potential Amid VolatilityAs the liquidity hub of the Optimism ecosystem, Velodrome continues to demonstrate its potential amid market fluctuations, maintaining a 24-hour trading volume of $38.5 million.2025-11-04

What is Velodrome Finance? The Complete Guide to Velo Coin CryptocurrencyThe world of decentralized finance (DeFi) has seen a rapid rise in various innovative platforms, each offering unique solutions to address the challenges of liquidity, token swaps, and governance.2025-04-02

Daily News | Crypto Market Stabilizes, Stablecoin Demand Falls, Velodrome's Weekly Fees SurgeCrypto market is currently waiting for more significant events and is still influenced by traditional markets, as both BTC and ETH are trading in a limited range. Despite their impressive performance this year, stablecoin supply has actually been declining. Meanwhile, the trend of optimism narrative play persists, with VELO surging by 85% in 7D.2023-02-28

Frequently Asked Questions About Velodrome (VELODROME)

What is VELO?

What does locking VELO do?

What can voting affect?

How do liquidity providers receive VELO?

How is VELO issued and distributed?

Risk Disclosure

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