VELO is the ERC-20 token of the Velodrome protocol. Velodrome is an automated market maker (AMM) protocol where users can exchange tokens through liquidity pools; VELO is used to organize liquidity incentives and can be locked to participate in protocol governance.

Velodrome Price Today, Live Market & Historical Trend Chart

Q: How is VELO related to Velodrome liquidity pools?

In an AMM, liquidity providers deposit assets into a pool, and traders transact directly with that pool. Velodrome uses VELO emissions to incentivize liquidity positions, so the incentives available to a pool affect its attractiveness to liquidity providers.

Q: What do you receive after locking VELO?

Holders can lock VELO and receive a veVELO NFT. veVELO is not an ordinary freely fungible VELO balance; it is an NFT representing the locked position and its governance rights. Locking converts VELO into a governance position that can be used for voting.

Q: What does veVELO voting affect?

veVELO holders can vote on liquidity pools to determine which pools receive more VELO emissions. Voting conveys governance preferences into incentive allocation: pools receiving greater voting weight correspond to greater emissions, but this does not mean that any pool has fixed returns.

Q: Why do voters receive fees and incentives?

veVELO voters can receive protocol fees and voting incentives. Fees come from protocol-related trading activity, while voting incentives are related to voting arrangements for specific pools; both depend on actual fees, votes, and incentive conditions, and are not a promise of fixed returns for locking VELO.

Q: How do liquidity providers receive VELO emissions?

Liquidity providers first deposit assets into a pool and obtain a liquidity position, then need to stake that position in the protocol reward pool to participate in VELO emissions. Depositing alone does not mean emissions are claimed automatically; the staking step registers the position in the reward mechanism.

Q: How are VELO emissions allocated?

VELO emissions are token incentives for staked liquidity positions. The share of emissions available to a pool is directed by veVELO voting, and its rewards change with voting outcomes, pool allocation, and participating positions; they are not returns automatically distributed at a fixed rate simply for holding VELO.

Q: What is the difference between VELO, veVELO, and liquidity positions?

VELO, veVELO, and liquidity positions have different roles: VELO is an ERC-20 token that can be locked and used for incentives; veVELO is an NFT created after locking and used for voting; and a liquidity position represents assets supplied to a trading pool and participates in emissions after being staked.

Rank 632

$0.02948

+$0.00007(+0.27%)

Market Cap

$26.98M

24h High

$0.03051

24h Low

$0.02884

24h Turnover

$76.28K

Total Supply

2.43B

Market Sentiment

Neutral

Velodrome (VELODROME) Price Performance

View Velodrome (VELODROME) Price Prediction

Velodrome (VELODROME) has a Last Price of $0.02948, with a 24h change of +0.27%. The 24h low is $0.02884, the 24h high is $0.03051, and the 24h turnover is $76.28K. The current market cap is approximately $26.98M, ranking 632 by market cap and accounting for 0.0014% 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 -92.77%.

7 Days
-23.39%
Low
$0.02884
High
$0.03862
30 Days
-17.53%
Low
$0.02884
High
$0.04876
90 Days
+70.94%
Low
$0.01595
High
$0.04876
1 Year
-12.37%
Low
$0.01184
High
$0.05441

Fear & Greed Index

0 Extreme Fear100 Extreme Greed

Yesterday: 50; Normal
Last Week: 55; Normal
Last Month: 70; Greed

The Fear & Greed Index is currently 48/100, in the Normal zone; change from yesterday: -2, from last week: -7, and from last month: -22. 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?

Expectations of VELO’s migration to AERO may change the token’s valuation anchor and liquidity arrangements, making the transition a focus of trading activity. However, the migration and the end of trading in the original token may also add friction, and do not confirm stronger buying. The stated schedule includes VELO trading ending on 2026-10-28, deposits and withdrawals of the old AERO being suspended on 2026-11-03, and new-token deposits and withdrawals expected to resume on 2026-11-06; the actual effects depend on each platform’s implementation. On 2026-10-26, the bid-to-ask volume ratio across the first five order-book levels was about 0.76. Relatively thin nearby orders may amplify the price impact of trades but do not represent liquidity across the entire market. The 15-minute signals leaned bullish, while the 1-hour moving averages were bearish; the 4-hour RSI was oversold, but direction remained unconfirmed. A single-candle recovery does not establish a sustained rise.

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)

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Est.30-Day APR

5.41%

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.2026-04-01

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.2026-04-01

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.2026-04-01

Frequently Asked Questions About Velodrome (VELODROME)

What is VELO?

How is VELO related to Velodrome liquidity pools?

What do you receive after locking VELO?

What does veVELO voting affect?

Why do voters receive fees and incentives?

How do liquidity providers receive VELO emissions?

How are VELO emissions allocated?

What is the difference between VELO, veVELO, and liquidity positions?

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