ParaSwap is a DeFi middleware and aggregator that unites the liquidity of decentralized exchanges and lending protocols into one comprehensive and secure interface and APIs while offering the best route to exchange any asset for another.
By aggregating all these pools into one source, users can either exchange for the best rates using an interface, or use APIs to incorporate the best rates and liquidity into any project. Be it spot trading, limit orders, or even NFT trading, ParaSwap provides the essential gateway to the best liquidity!
Velora announced that swaps with best execution will be available on the Ledger Wallet via Ledger Atom, the new hardware product from Ledger. The project congratulated Ledger on the Atom launch and pointed users to pre-order the device now.
No specific integration date or fee details were provided in the announcement.
Velora now competes for the best return on every swap made through Jumper (@jumperapp), and its limit orders and TWAP are available in Jumper Advanced. Users don't need a separate Velora interface — they can access the new order types directly through Jumper.
Velora has launched Velora Portal, a dashboard for Velora Pro API users that centralizes API key and app management in one workspace. The Portal tracks usage and trading activity per app, lets partners set up and monitor partner fees, and supports payments by card or USDC.
Velora is a DEX aggregator offering gasless swaps, limit orders, TWAP, OTC, and cross-chain intent APIs. The Portal replaces the earlier prototype onboarding experience for Pro API customers.
Velora launched the VLR governance token to replace PSP at a 1:1 migration ratio on Base, immediately terminating PSP's governance, staking, and rewards utility, and completing Project Miró — the DAO-led token and brand overhaul.
ParaSwap officially rebranded to Velora, transitioning from a DEX aggregator to a full intent-based crosschain trading protocol, and shipped the Delta v2.5 upgrade with enhanced execution flexibility.
ParaSwap DAO passed PIP-59, voting to return approximately $100,000 in fees collected from swaps linked to the Lazarus Group's Bybit hack, with 49.56% in favor versus 49.54% against — the narrowest vote in the DAO's history.
ParaSwap launched Delta, an intent-based trading protocol designed to mitigate MEV attacks by allowing users to declare desired outcomes instead of exposing raw transactions to the mempool, with AI agents competing for optimal execution.
A critical vulnerability was found in the newly deployed Augustus V6 contract. ParaSwap paused the V6 API, executed a white-hat hack to secure at-risk user funds, and reverted to V5. Approximately $24,000 was stolen across four addresses before mitigation.
ParaSwap unveiled Augustus V6, a major smart contract upgrade delivering the most gas-efficient aggregation in the ecosystem and laying groundwork for a future decentralized intents-based architecture.
ParaSwap launched its PSP governance token with a total supply of 2 billion tokens, airdropping 150 million PSP (7.5% of supply) to approximately 20,000 active early users based on an October 8 snapshot.
ParaSwap raised $2.7 million in seed funding from 32 investors including Blockchain Capital, Alameda Research, CoinGecko, and Arrington XRP Capital to scale its DEX aggregation infrastructure.
Founder Mounir Benchemled released the ParaSwap minimum viable product, aggregating liquidity from Uniswap, Bancor, and Kyber for ERC-20 token swaps on Ethereum.
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