About Us

The story of Velodrome

Velodrome is a next-generation decentralized exchange and the central liquidity hub powering the Optimism Superchain ecosystem. Built as a public good, for everyone.

$5B+
Total Volume Traded
300+
Protocol Partners
2022
Year Founded
Our Mission

Building the liquidity layer of the Superchain

Velodrome was founded with one clear goal: to become the most powerful and sustainable decentralized exchange in the world. We believe that open financial infrastructure should be accessible to everyone, governed by its community, and built to last.

By combining the best mechanics from Curve, Convex, and Uniswap, Velodrome has pioneered the MetaDEX model — a protocol that aligns incentives across traders, liquidity providers, and protocol partners in a way that drives lasting growth.

  • Security First
    Audited by leading firms with a multi-layered security architecture and an active bug bounty program.
  • Fully Onchain
    All governance, incentive distribution, and protocol operations happen transparently on the Optimism blockchain.
  • Community Owned
    No VC investors, no token sales. Velodrome was launched as a public good and remains entirely community-governed.
Technology

How Velodrome works

Velodrome introduces an innovative ve(3,3) tokenomics model that creates a self-sustaining flywheel of liquidity and value.

Multi-Pool Architecture

Velodrome supports stable, volatile, and concentrated liquidity pools in a single protocol, giving every asset pair the optimal pool type.

veVELO Governance

VELO holders lock tokens to receive veVELO NFTs. These NFTs grant voting power to direct weekly emissions and earn protocol fees and incentives.

100% Fee Distribution

Every fee generated by the protocol goes directly to veVELO voters. No protocol take. No team cut. 100% to the community.

Epoch-Based Incentives

Every week, a new epoch begins. Protocols deposit incentives, voters allocate emissions, and LPs earn rewards — all automatically and permissionlessly.

Immutable Contracts

Core protocol contracts are immutable and permissionless. No admin keys. No upgrade proxies that can rug users. Code is law at Velodrome.

Superchain Ready

Velodrome is expanding across the Optimism Superchain ecosystem, enabling cross-chain liquidity and seamless interoperability between L2 networks.

Our Journey

From launch to leading DEX

Velodrome has grown from a bold experiment into the backbone of DeFi liquidity on Optimism, setting new standards for what a decentralized exchange can be.

June 2022
Protocol Launch
Velodrome V1 launched on Optimism as a public good with zero VC funding and zero token sale. The VELO token was distributed to the community from day one.
2023
V2 Upgrade & Concentrated Liquidity
Velodrome V2 introduced concentrated liquidity pools, upgraded tokenomics, and a redesigned governance system, cementing its position as the #1 DEX on Optimism.
2024
Superchain Expansion
The Velodrome MetaDEX model expanded across the Optimism Superchain, powering liquidity on multiple L2 networks and partnering with hundreds of protocols.
Today
The Essential Liquidity Hub
Velodrome processes billions in volume and serves as the primary liquidity infrastructure for the Superchain ecosystem, continuously evolving with its community.
Our Values

What we stand for

Trustless

No central authority. No admin keys. Smart contracts enforce every rule automatically and transparently.

Transparent

All protocol data, votes, fees, and emissions are publicly visible on the blockchain in real time.

Community-Led

Every major decision is governed by veVELO holders. The community shapes the future of Velodrome.

Public Good

Founded as infrastructure for all, Velodrome exists to serve the broader DeFi ecosystem on Optimism and beyond.

Token VELO
Network OP Mainnet
Token Type ERC-20
VC Funding $0
Token Sale None
Governance veVELO NFT
The VELO Token

Designed for long-term alignment

VELO is the native token of Velodrome. It is emitted weekly to liquidity providers and can be locked as veVELO to participate in protocol governance. Locking VELO amplifies your rewards and gives you direct influence over which pools receive emissions.

The longer you lock, the more voting power you receive. This creates deep alignment between long-term token holders and the health of the Velodrome ecosystem.

Start earning with VELO

Join the Velodrome community

Velodrome is governed and grown by its community. Whether you're a trader, liquidity provider, or protocol builder — there's a place for you in the Velodrome ecosystem.

Ready to explore Velodrome?

Swap tokens, provide liquidity, lock VELO, or read our full FAQ to learn everything about how Velodrome works.