Velodrome Grows from $7.5B to $22.6B Volume in 2024
Velodrome Grows from $7.5B to $22.6B Volume in 2024
🚲 22 Billion Reasons to Look
Velodrome demonstrated significant growth in 2024, with cumulative trading volume expanding from $7.5B to $22.6B. Key developments:
- Slipstream Integration: Consistently driving >90% of trading volume
- Recent Performance: Latest epoch (135) delivered $727K in rewards with $418M volume
- Record Breaking: Second-highest rewards ever recorded in Epoch 134 ($1.117M)
- Superchain Expansion: Successfully deployed on multiple chains including Fraxtal, Mode, and Lisk
The protocol maintains its public goods focus, returning 100% of value to voters and LPs.
Epoch 132 Recap 🚴♂️ Velodrome had its third-highest volume epoch, hitting $669m, with Slipstream accounting for 96% of that. veVELO voters received ~$642k in total rewards. Velodrome is a public goods protocol, returning 100% of the value to voters and LPs.
Mode TVL up 43% 🟡🚴♂️ With Superchain 1.0 interoperability now available on @modenetwork, the 3rd-largest Superchain with over $160M in TVL, Velodrome’s TVL increased by 43% in the last 7 days. Serviced by @hyperlane's Superlane, veVELO voters can direct xVELO emissions
Velodrome Superchain 1.0 is LIVE on @modenetwork 🔴🟡🚴 Velodrome is now a crosschain MetaDEX. With this massive upgrade, veVELO voters will enable deep liquidity growth across the Superchain.
Velodrome TVL on @modenetwork is up 443% 🚴♂️🟡 Velodrome MODE's TVL increased by 443% since launching just 1 month ago, highlighting the MetaDEX's efficiency for protocols, LPs, and traders.
Velodrome Superchain 1.0 is LIVE on @modenetwork 🔴🟡🚴 Velodrome is now a crosschain MetaDEX. With this massive upgrade, veVELO voters will enable deep liquidity growth across the Superchain.
Velodrome Slipstream LP Rewards Update 🚴♂️ • $WSTETH - $OP: ~295% • $USDC - $WSTETH: ~223% • $FRXETH - $SFRXETH: ~90% • $WSTETH - $OP: ~12% These pools are all receiving OP voting incentives boosts from the Yield-bearing Assets campaign. More liquidity is on the way.🔴
Yield Bearing Asset OP Grant on Velodrome 🚴🔴 Optimism has awarded Velodrome a 200,000 OP grant to supercharge liquidity for Yield-Bearing Assets (YBAs) across the @optimism Mainnet.
Velodrome Superchain 1.0 launched last month on @modenetwork, delivering impressive results: • WETH-USDC is the top volume pair on Mode • >50% of the chain's total trading volume • TVL up by 50% Data from @dexscreener & @DefiLlama. Much more to come for Mode's eco. 🟡
Velodrome Superchain 1.0 is LIVE on @modenetwork 🔴🟡🚴 Velodrome is now a crosschain MetaDEX. With this massive upgrade, veVELO voters will enable deep liquidity growth across the Superchain.
⛓️ Linking Together: How Interoperability Takes DeFi to the Next Level ⛓️ Velodrome + @Optimism are working together to ease a critical tension in DeFi via the Superchain.
⛓️🔴 Beyond Optimistic about the Superchain 🔴⛓️ Together with the cross-chain liquidity that Velodrome LPs provide, the @Optimism Superchain addresses the apex problem of DeFi—usability and friction—while holding true to the values of decentralization.
Full Speed on the Velodrome 🏁🚴♂️ Epoch 129 saw the largest Total Rewards (fees + incentives) in 26 epochs at $714,225 for veVELO voters, propelled by record Slipstream swap fees of $442,371. Volume also soared to its second-highest ever at $614M.
$20 billion in volume 🚴🏼 Velodrome has surpassed $20 billion in cumulative volume. Last epoch, it recorded its third-highest weekly volume at $708 million, marking a new milestone in its growth. Velodrome is expanding the liquidity layer across the Optimism Superchain. 🔴
Volume Explosion 🚴♂️💨 Velodrome hit $858.4M volume during epoch 130 - an all-time high! Slipstream drove 95% of the volume, with veVELO voters earning ~$699K. Liquidity now spans the Superchain, rewarding LPs on @modenetwork, @LiskHQ, & @fraxfinance's Fraxtal.
Epoch 131 Recap 🚴♂️ Velodrome volume reached its third-highest volume ever, securing $708m this epoch, with Slipstream accounting for 96% of that. veVELO voters received ~$840k in total rewards. Velodrome is a public goods protocol, returning 100% of the value to voters and LPs.
Velodrome is LIVE on Fraxtal ¤⛓️¤ Velodrome’s Tour Across continues to @fraxfinance's Fraxtal, a leading Layer 2 on @optimism Superchain. 🚴♂️ Velodrome expands to support Fraxtal’s growing DeFi ecosystem. Read on to learn more 👇
Highest Volume Ever During Epoch 133 🚴 Velodrome had its highest volume epoch, hitting $874m, with Slipstream accounting for 92% of that. veVELO voters received ~$638k in total rewards. Velodrome is a public goods protocol, returning 100% of the value to voters and LPs.
xVELO LP Rewards are LIVE on @fraxfinance's Fraxtal ¤⛓️¤ Following the epoch flip, LPs can now earn xVELO rewards thanks to Superlane interoperability. • $XVELO - $WFRXETH : ~1,941% • $FRAX - $WFRXETH: ~1,897% • $USDC - $FRAX: ~49% Bridges to Fraxtal in the QT below.
Ready to get started? xVELO rewards are live for LPs in ecosystem pools. Check out the list of bridges available to LP and start earning VELO on @fraxfinance's Fraxtal: docs.frax.com/fraxtal/tools/…
All-time High Swap Fees on Velodrome ✨ 🚴 $1.1m in swap fees were accrued during epoch 133, the highest ever. Swap fees are distributed one week in arrears, meaning these fees, along with incentives, will be waiting for veVELO voters next week. Liquidity Hub of the Superchain.
$60 Million in Voting Rewards 🗳️ Velodrome has reached $60 million in cumulative total rewards (swap fees and incentives) for veVELO voters. A major milestone as Velodrome continues its expansion across the #Superchain. 🔴
Second-highest Ever Swap Fees 🚴 Velodrome's swap fees surged in epoch 130, reaching $604k - the second-highest ever recorded and the highest in 33 epochs. Velodrome is the liquidity hub for the Superchain 🔴, with all rewards from all chains accruing back to veVELO voters.
Velodrome Slipstream LP Rewards Update 🚴 • $USDC - $VELO: ~995% • $USDC- $TBTC: ~614% • $USDC - $WLD: ~383% • $USDC - $WSTETH: ~225% • $WSTETH - $OP: ~167% • $WSTETH - $EZETH: ~8% A mix of YBA coins benefiting from our campaign and some other notable tokens.
Yield Bearing Asset OP Grant on Velodrome 🚴🔴 Optimism has awarded Velodrome a 200,000 OP grant to supercharge liquidity for Yield-Bearing Assets (YBAs) across the @optimism Mainnet.
In just three days, Velodrome has broken its all time weekly fee record, collecting over $800,000 in fees. Fees will continue to accrue until Wednesday, when they will be deposited as incentives for $veVELO voters. The Superchain is accelerating...🚴💨✨
Total Rewards Updates 🚴💨 Epoch 131 recorded Total Rewards (fees + incentives) of $840K—the highest in 26 epochs. This underscores Velodrome's momentum following deployments on Fraxtal's @fraxfinance, @modenetwork, and @LiskHQ.
Slipstream Optimizes Trading Efficiency
Slipstream's concentrated liquidity technology is delivering superior swap efficiency for major trading pairs including WETH-BTC on Unichain. The platform focuses on **optimizing trade execution** for high-volume cryptocurrency pairs, positioning itself as a more efficient alternative to traditional automated market makers. **Key benefits:** - Enhanced swap efficiency through concentrated liquidity - Focus on top-tier trading pairs - Integration with Unichain infrastructure The technology aims to reduce slippage and improve price execution for traders working with blue-chip cryptocurrency pairs.
Superswaps Simplifies Cross-Chain Trading
**Superswaps** launches as a unified trading platform across the Superchain ecosystem, eliminating common friction points for traders. **Key Features:** - Swap tokens across multiple chains in one interface - No manual token bridging required - Automatic gas handling across networks - Aggregated balance viewing **Network Coverage:** Currently live on **10+ networks** across the Superchain, including Ink, Swellchain, and Metal L2. **Technical Foundation:** Powered by partnerships with Hyperlane, Optimism, and OpenUSDT for seamless cross-chain functionality. The platform addresses a major pain point in DeFi by consolidating what typically requires multiple transactions and manual bridging into a single application experience. [Try Superswaps](https://velodrome.finance/swap)
**Velodrome Hits Major Milestones Across Superchain** - **Boosted rewards** now live on Celo - **100x volume growth** on Unichain since launch - **VerifiedERC20** - new token standard enabling verified liquidity - **Save the date**: November 12, 2025 for major announcement - **#1 DEX** position maintained across 8+ Superchain networks Velodrome continues **accelerating beyond OP Mainnet** with significant traction on newer chains. The **VerifiedERC20 standard** represents innovation in token verification for DeFi. *T-minus 2 months* until the November event - details to follow.
Velodrome announces boosted rewards on Celo, 100x volume growth on Unichain, and introduces VerifiedERC20 token standard. Major announcement scheduled for November 12, 2025. Maintains #1 DEX status across Superchain.
Velodrome Releases 2025 Mid-Year Performance Report
Velodrome published its **2025 mid-year recap** highlighting major developments across the Superchain ecosystem. Key achievements include: - Launch of **Superswaps** feature - Expansion across multiple Superchain networks - Significant growth in trading volume and liquidity The report covers the protocol's progress in becoming the central trading hub for the Optimism ecosystem and its broader Superchain integration. [Read the full recap](https://medium.com/@VelodromeFi/velodrome-2025-mid-race-check-in-8bc37cb86310)
Velodrome Trading Volume Doubles in 2025
Velodrome, a major DEX protocol, has demonstrated significant growth in 2025: - Total volume reached **$9 Billion** in 2025, doubling from $4.5B in the previous year - Platform showed consistent growth on Ink Chain, surpassing $500M in volume - Notable milestone: Cumulative volume grew from $7B to $25B in 2024 (3.5x increase) The protocol continues to show strong momentum in the DeFi ecosystem, with substantial volume increases across different chains.