Velodrome

Velodrome continues to demonstrate superior capital efficiency on OP Mainnet: - Achieved $1.74 in trading volume per $1 of TVL in last 24 hours - Outperformed competitors who averaged $0.99 in volume per $1 TVL - Consistent performance over multiple days This efficiency metric indicates strong market positioning and effective capital utilization in DeFi trading infrastructure.

Key updates from Velodrome's ecosystem: - **kBTC Integration**: Kraken-backed Bitcoin now available on Ink chain with LP rewards up to ~111% - **ALM V2 Expansion**: Automated Liquidity Management now live across Soneium, Swellchain, Mode, Ink, and Unichain - **Stablecoin Growth**: YTD volume exceeds 3.5B with $300M in stable-to-stable swaps in 2025 - **Market Leadership**: Velodrome captures highest DEX volume across multiple chains in Superchain - **USD0 Launch**: New stablecoin now available on Ink and OP Mainnet Notable LP opportunities: - ETH-USDT: ~212% APR on OP Mainnet - ETH-USDC.e: ~197% APR on Metal - ASTR-ETH: ~797% APR on Soneium

Velodrome's Slipstream continues to deliver substantial LP rewards across the Superchain network. Notable pairs include: - USDC-WLD: ~656% APR - frxUSD-wfrxETH: ~460% APR - FXS-wfrxETH: ~459% APR - ASTR-WETH: ~342% APR The protocol recently expanded to Unichain, marking its 10th Superchain deployment. Velodrome's Slipstream technology consistently outperforms Uniswap V3 with a 77% win rate in head-to-head comparisons. Key metrics: - TVL: ~$78M - Cumulative Volume: ~$26B - Lifetime Voting Rewards: ~$67M [Check available LP opportunities](https://velodrome.finance/liquidity)

Velodrome Finance has achieved a significant milestone with over 15,000 unique veVELO holders, marking steady growth across varying market conditions. This represents a substantial increase from January 2025, when the platform had 14,512 voters - a 6.11% growth from the previous month. Key points: - Total rewards distributed to veVELO voters: $65.5M - Rewards include fees and incentives from all Superchain chains - Consistent growth observed epoch after epoch *veVELO holders can participate in governance and earn voting rewards by locking their VELO tokens.*

Velodrome's veVELO voter base continues to expand, marking a **6.11% increase** in the past month from 13,676 to 14,512 participants. The platform has achieved a significant milestone with **$65.5M in total rewards** distributed to veVELO voters, representing a $5.5M increase from November's $60M mark. - Rewards include both trading fees and incentives - All Superchain chains contribute to the reward pool - Consistent growth in voter participation signals strong platform adoption

Several blockchain networks have activated xVELO LP rewards through Superlane interoperability: - **Soneium**: Offering rewards up to 5,085% for WETH-ASTR pair - **Inkonchain**: Featuring 6,681% for WETH-XVELO pair - **Metal L2**: Leading with 7,673% for WETH-XVELO pair - **Lisk**: Providing up to 5,059% for WETH-XVELO pair *Key trading pairs across platforms include*: - WETH-XVELO - USDC.E-WETH - WETH-Platform Token - Stablecoin pairs Want to start earning? Connect your wallet to participate in these LP rewards programs.

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.

Velodrome is launching several significant protocol improvements to enhance its position as a central liquidity hub on the Optimism network: - **ALM V2**: Enhanced passive liquidity management system - **Slipstream V2**: New support for dynamic fee structures - **VELO Fed**: Implementation of adjustable emissions - **Relay V2**: Integration with Superchain network - **Superswaps**: Introduction of bridge-free cross-chain trading These updates align with Velodrome's expansion plans across multiple OP Stack L2s, aiming to improve liquidity provision and trading experience across the Superchain ecosystem.

Velodrome's Epoch 123 saw $322 million in trading volume, with Slipstream accounting for 95%. veVELO voters received their highest total rewards in the last 7 epochs, totaling ~$479k. This continues a trend of strong performance, as Epoch 120 had $233 million in volume with $375k in rewards. Velodrome remains a dominant force on Optimism, consistently delivering high volumes and rewards through its Slipstream concentrated liquidity pools.

The latest Superchain Airdrop is in full swing, with over 10 million OP tokens already distributed to eligible participants. This marks a significant milestone in the ongoing airdrop campaign, which still has an impressive 550 million OP tokens left to distribute. - 10M+ OP tokens airdropped - 550M OP tokens remaining for distribution This airdrop is part of the broader Superchain ecosystem expansion, which has seen substantial growth across various layer-2 solutions: - Base: 10M+ actions - Optimism: 5.6M+ actions - Mode Network: 1.2M+ actions - Zora: 600K+ actions Recent additions to the OP Stack include Redstone, Cyber, and Frax Finance, further expanding the Superchain's reach and capabilities.