Velodrome Expands to Optimism Superchain and Bitcoin L2 Build on Bob
Velodrome Expands to Optimism Superchain and Bitcoin L2 Build on Bob
🔥 Velodrome Races Ahead
Velodrome, a decentralized exchange on Optimism, has announced plans to expand its liquidity engine to the Optimism Superchain and Build on Bob (BOB), a Bitcoin Layer 2 with Ethereum Virtual Machine compatibility. Velodrome will serve as the primary decentralized exchange for the Superchain, enabling seamless liquidity sharing across interoperable Layer 2 chains. On BOB, Velodrome aims to support the growth of Bitcoin DeFi by deploying its innovative automated market maker and liquidity mining technology. This collaboration aligns with the Superchain's mission of delivering an interoperable and standardized experience across chains.
Velodrome is expanding to the Superchain and today we're excited to announce our second major deployment to @build_on_bob. Build on Bitcoin is a pioneering Bitcoin L2 with full EVM compatibility and native #Bitcoin support. Find out how we're bringing Bitcoin to the races. 👇
Velodrome, the liquidity engine of the Superchain, is proud to build on @modenetwork. We're grateful for the opportunity to help find new builders and bootstrap liquidity for the Mode ecosystem.
Introducing Mode Yield Accelerator 🟡 Excited to unveil the Mode Yield Accelerator to fuel growth for Yield & DeFi projects in the Mode ecosystem. Plus, there's a $10M early-stage fund through our angel network for standout innovations. Dive in 👇 mode.mirror.xyz/lQu3X5t-cKve4Y…
Announcement: @VelodromeFi is setting course on #BOB! 🚴⚡️💨 As the pioneering Bitcoin L2 with EVM compatibility, we're excited for Velodrome to deploy its innovative DEX technology on our network. This collaboration propels us towards a future where Bitcoin DeFi thrives,
Fjord Foundry is helping bootstrap liquidity for teams building on the @Optimism Superchain. Velodrome is pleased to be working with @FjordFoundry partner projects find a home for deep liquidity on Optimism and the Superchain.
Velodrome Celebrates 3 Years with Major Milestones
Velodrome marks its 3rd anniversary with significant achievements across the Superchain: - Surpassed $1B in volume beyond OP Mainnet, with $500M generated in last 6 weeks - Maintains position as #1 DEX on Soneium and multiple other chains - Now integrated with Binance Wallet - ~56% of VELO supply is locked with average duration of 3.6 years - 91% of locks are auto-max locked - Lifetime metrics: * $31B total volume * $26M+ in fees * Year 3 volume exceeded years 1-2 combined
Multiple New Stablecoins Launch Across Different Chains
Several new stablecoins have launched in quick succession across various blockchain networks: - **sUSDC** from Spark Finance debuts on Unichain and OP Mainnets - **USDK** launches on Swellchain through OrkiFi - **USDG** releases on Ink, backed by Kraken, Robinhood, and Anchorage Digital All tokens feature: - Trading pairs with WETH - Additional pairs with USDT/USDe - Active liquidity mining programs - Ongoing emissions and incentives *Each launch represents continued expansion in the stablecoin ecosystem across multiple chains.*
Soneium ACS Campaign Rewards Distribution Announced
Soneium's 100-day ACS Campaign is concluding with rewards distribution set for June 10. Key points: - Total reward pool of 100M ASTR available for participants - Contributors who earned 1,000+ ACS will receive a permanent onchain OG Badge - Claims can be processed at [claim-acs.astar.network/en](https://claim-acs.astar.network/en) The campaign featured multiple seasons of liquidity provision across various pools including WETH/USDC, ASTR/WETH, and USDT/USDC pairs. The initiative ran from February 20th to May 30th, 2025.
Velodrome Maintains Market Leadership on Soneium
Velodrome continues its strong performance on Soneium, maintaining its position as the leading DEX platform. Recent highlights: - Achieved #1 DEX status with highest trading volume - Consistently outperforming all other DEXs combined - Sustained $30M+ weekly trading volume This follows a pattern of growth, with recent weeks showing more than double the average volume compared to previous months. *Trading metrics indicate sustained market dominance rather than temporary spike.*
Velodrome DEX Marks 3 Years with $31B Volume Milestone
Velodrome celebrates its third anniversary with impressive growth metrics: - **$31 Billion** in lifetime trading volume - **$26 Million+** in lifetime fees - Dominates as #1 DEX across 8 chains including OP Mainnet, Soneium, and Mode Network - **56%** of $VELO tokens locked with 3.6-year average duration - **91%** of locks are auto-maximized The protocol, launched in 2022, has established itself as the leading DEX on the Optimism Superchain. Year three performance exceeded the first two years combined, demonstrating accelerating growth and adoption.