Velodrome Maintains Market Leadership on Soneium
Velodrome Maintains Market Leadership on Soneium
🏃 Velodrome Leaves Others Behind
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 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 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.