Velodrome Finance protocol
Overview
Velodrome Finance is a decentralized exchange (DEX) on the Optimism network that uses a vote-escrowed token model (ve(3,3)). Users lock VELO tokens to receive veVELO, which grants voting rights on liquidity mining rewards distributed to pools. The protocol functions as a liquidity marketplace, aligning incentives between LPs and voters.
Within the DeFi Intel graph, Velodrome Finance connects to 10 tracked entities, most strongly to Optimism, Aerodrome Finance, Solidly.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 10 of 10 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Optimism | 95% |
forked_by | Aerodrome Finance | 95% |
forked_from | Solidly | 95% |
supports_token | veVELO | 95% |
redirects_emissions_via | Hidden Hand | 90% |
governs | Velo | 90% |
inspired_by | Andre Cronje | 85% |
related_fork | Thena | 85% |
launched | Velodrome Launch | 85% |
related_fork | Equilibre | 70% |
More on Velodrome Finance
Frequently asked questions
Which chain is Velodrome on?
Optimism, where it operates as the trading and liquidity marketplace for the ecosystem.
What is SlipStream?
Velodrome's concentrated liquidity DEX product on Optimism.
What happened with Velodrome and Aerodrome?
The two merged into a single unified cross-chain DEX across the Superchain.
Sources
Facts on this page were verified against the following sources.