Velodrome Liquidity Engine Joins Mode Network on Superchain
Velodrome Liquidity Engine Joins Mode Network on Superchain
🔥 Liquidity Boost Incoming
Velodrome, the liquidity engine of the Superchain, has announced its integration with the Mode network. This move allows Velodrome to help bootstrap liquidity for the Mode ecosystem and provide opportunities for new builders. Previously, Velodrome had signaled its evolution from a liquidity marketplace for protocols to one for layers on the Superchain. Mode is the first layer to benefit from Velodrome's liquidity incentives, with more layers expected to follow.
One aspect of Velodrome’s shift to the Superchain is its evolution from a liquidity marketplace for protocols to one for layers. Every Superchain needs liquidity and Velodrome will be the easiest place to incentivize access to it. Mode is just the start. Tune in next week.
To support Velodrome's growth on Mode, @modenetwork has committed to offering $1M in voting incentives to boost ecosystem rewards. Just like our successful "Tour de OP" program on Optimism, this will make it highly efficient for protocols to deploy and grow on Mode.
Velodrome Achieves $14B Trading Volume Across Superchain Networks
**Velodrome** has processed **$14 billion in trading volume** across Superchain networks year-to-date, marking significant growth for the Optimism-based DEX. Key developments include: - **100% uptime optimization** through partnerships with DeFi Wonderland and Dromos Labs - **Superswaps integration** enabling seamless cross-chain trading via Hyperlane - **Boosted rewards program** launched on Celo network - **Enhanced liquidity solutions** for builders across the ecosystem The platform continues expanding its cross-chain capabilities, allowing users to trade assets anywhere across the Superchain infrastructure. *Verify with Self Protocol to access boosted rewards on Celo.*
Velodrome Maintains #1 DEX Position Across 8 Chains with $226M+ Volume
**Velodrome continues to dominate** as the leading DEX across 8 chains during Epoch 178, processing over **$226M in trading volume** across the Superchain. **Key Performance Metrics:** - $105M in volume generated beyond OP Mainnet - $193K distributed in voting rewards to participants - Superchain total volumes have now **surpassed $14B** for the year The platform maintains its position as the **#1 decentralized exchange** across multiple chains, demonstrating consistent growth in the Optimism ecosystem. Trading activity shows strong diversification with nearly half the volume occurring outside the main OP network.
Celo Offers Up to 37% Boosted Voter Rewards for Verified Users
**Celo** is offering enhanced voter rewards of up to **37%** for verified users across multiple liquidity pools. **Current Reward Rates:** - USDT-WETH: ~37% - USDT-USDC: ~37% - USDT-cUSD: ~26% - CELO-USDT: ~25% **Requirements:** - Complete identity verification with **SelfProtocol** - Vote for eligible pools during the current epoch - Rewards are only claimable after verification This represents a **verification-gated incentive system** where boosted rewards are distributed normally but require identity verification to claim. Rates have remained stable compared to previous epochs, with USDT-WETH and USDT-USDC maintaining the highest yields. *Note: vAPRs change frequently based on market conditions.*
🏗️ Velodrome Goes Full Decentralized
**Velodrome has redesigned its architecture from the ground up** to achieve complete decentralization. The platform now operates with: - **No centralized servers or APIs** - **No traditional databases or indexers** - **Decentralized frontend hosting** - **Direct blockchain node data only** This infrastructure mirrors Ethereum's design philosophy, prioritizing **100% uptime** and eliminating single points of failure. The move represents a significant shift toward true decentralization for the Optimism-based trading platform, removing dependencies on centralized infrastructure that could compromise availability or censorship resistance.
🚀 Velodrome Partners
**Major Partnership Announcement** Velodrome, Optimism's central trading and liquidity marketplace, announces a strategic collaboration that will reshape its future. **Key Players:** - DeFi Wonderland - established DeFi protocol developer - Dromos Labs - blockchain infrastructure specialists **What's Happening:** The partnership focuses on developing the **MetaDEX** - a next-generation decentralized exchange infrastructure. Both organizations bring significant technical expertise to create what they're calling a "new meta" in decentralized trading. **Impact:** This collaboration could significantly enhance Velodrome's position as Optimism's primary liquidity hub and expand its capabilities in the broader DeFi ecosystem.