Velodrome

Velodrome Finance introduces **Superswaps**, a new protocol-focused solution for cross-chain liquidity deployment. Key features include: - Consolidated liquidity across chains - Native onchain execution for enhanced speed and security - Vendor-independent interoperability - Built-in MEV protection Protocols can now launch liquidity on a single chain and efficiently scale across the ecosystem. This development marks a significant step in DeFi infrastructure on the Superchain. Learn more: [Superswaps Documentation](https://velodrome.finance/superswaps)

Velodrome Finance expands its offerings on the Celo network with the launch of cEUR trading and liquidity provision options. - New trading pairs include: - cEUR/USDT - cEUR/CELO This follows last month's successful USDC launch which introduced USDC/WETH and USDC/CELO pairs. Emissions rewards are now active for liquidity providers. *Liquidity providers can now participate in these new pools to earn rewards.*

Velodrome Finance has achieved significant token lock metrics on Optimism: - 55% of total $VELO supply now locked - Average lock duration extends to 3.61 years - 92% of locks are set to auto-max extension - Over 14,000 $veVELO holders participating Auto-max locking means tokens are automatically extended weekly to the maximum 4-year duration, effectively removing them from circulation until deactivated.

Latest Velodrome liquidity pool rewards on Celo show significant yields: - WETH-CELO pair offering ~738% APR - cUSD-CELO pair at ~580% APR - USDT-WETH pair providing ~92% APR This follows a pattern of high yields on Celo pairs, with previous launches showing: - CELO-USDC reaching ~2,505% APR - CELO-cUSD at ~752% APR Velodrome continues to expand its presence across the Superchain with competitive LP rewards. Check all opportunities at [Velodrome's Liquidity page](https://velodrome.finance/liquidity)

Safe and Gelato Network have collaborated to streamline multisig operations across the Superchain, introducing key improvements: - Eliminated WETH approval requirements for sponsored execution - Enhanced transaction receipt functionality - Improved UX for core features including swap, liquidity provision, and farming Safe wallet owners can now execute multisig transactions more efficiently, with seamless voting and claiming processes. The update particularly benefits users of swap, farming, and DuoEarn features. *Integration with Gelato Network enables sponsored transactions for all multisig voters.*

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 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.

Recent data shows significant changes in VELO token metrics: - **Supply Reduction**: Net decrease of 4.2M tokens in circulating supply - **Locking Activity**: 30.9M VELO tokens locked - **Emission Rate**: 26.6M new tokens emitted - **Net Effect**: 4M+ reduction in available tokens Previous epoch data indicates strong protocol growth: - Trading volume reached $182M (33% increase) - ~$120k distributed in voting rewards - 6M+ VELO locked exceeded emissions *This trend suggests growing protocol engagement and potential supply constraints.*

Velodrome, a multi-chain DEX, has received a 1M $OP grant to enhance TVL across the Optimism Superchain. The initiative focuses on three key areas: - Bootstrapping strategic liquidity - Scaling high-potential pools - Amplifying network growth Key pools will receive $OP incentives, targeting assets like $USDT0, $oUSDT, $kBTC, $CELO, $WETH, and $USDC. Through XOP, users can claim $OP incentives across various L2s on the Superchain. The platform aims to serve as the primary trading and liquidity hub for the Superchain ecosystem.

Velodrome and Optimism have launched SuperStacks, a new interoperability-focused rewards program running from April 16 to June 30. The program allows users to earn XP (redeemable for $OP tokens) by providing liquidity in specific pools across multiple chains: - OP Mainnet: USDT0/WETH, USDT0/USDT - Ink: USDT0/WETH, WETH/kBTC - Soneium: USDT0/ETH Reward calculations factor in: - Liquidity amount provided - Duration of participation - Additional bonus opportunities Users can track their progress on the [SuperStacks dashboard](http://app.optimism.io/superstacks).