Velodrome

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

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.