Velodrome

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).

Two significant token launches have occurred on Velodrome, the Optimism-based DEX: - **WalletConnect Token (WCT)** is now live for trading and liquidity provision, paired with WETH. Active emissions have begun. - **superETH** from Dinero has launched with multiple trading pairs: - WETH - iETH - USDT0 Both tokens feature incentives and emissions programs for liquidity providers. *Consider participating in liquidity pools to earn rewards.*

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