About Velodrome Finance
Velodrome Finance is an automated market maker on Optimism. VELO is the utility token of Velodrome Finance earned by liquidity providers. VELO tokens can be locked in order to participate in governance. Voters are also rewarded with protocol trading fees.
Buy Velodrome Finance
Trading Insights
Buyer Ratio
Traders
115
12.75%
Buyers
63
8.62%
Sellers
55
19.57%
Searched
131
Market Stats
Market Cap
£33.89M
-1.97%
FDV
£82.03M
Circ. Supply
915M VELO
Max Supply
2.2B VELO
Total Supply
2.2B VELO
Diluted Valuation
£82.07M
Performance
Popularity
#618
Dominance
0%
Volume (24H)
£2.42M
-17.1%
Volume (7D)
£24.28M
Volume (30D)
£66.71M
All time high
£0.29
Price Change (1Y)
-39.74%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Defi tokens: Decentralised Finance (or 'DeFi') tokens (e.g. UNI, AAVE) are crypto-assets linked to financial applications and protocols built on decentralised blockchain technology.
Smart contract risk: DeFi relies heavily on smart contracts. Even a minor coding error or oversight can lead to a contract being exploited, potentially resulting in significant losses for DeFi tokens.
Regulatory risk: DeFi operates in a decentralized manner, often without intermediaries or financial crime controls. Regulatory bodies across jurisdictions might introduce new regulations impacting the use, value, or legality of certain DeFi protocols or assets. For example, the Perpetual Protocol (PERP) and Quickstop (QUICK) protocols may be accessible in jurisdictions where some or all the available activity may need to be regulated now or in the future. If a regulator deemed the activity to be in breach of regulation, this could seriously impact token value.
Rug-pulls / Exit scams: Some DeFi projects might be launched by anonymous or pseudonymous teams, increasing the risk of "rug pulls" where developers abandon the project and withdraw funds, leaving investors with worthless tokens.
Data/oracle risk: DeFi protocols often rely on external data sources or 'oracles'. Manipulation or inaccuracies in these data sources can lead to unintended financial outcomes within the protocols.
Protocol complexity: The complexity of some DeFi protocols can make it difficult for average users to fully understand the mechanisms and associated risks.
Additional details
Recent trends
The price of Velodrome Finance has increased by 0.34% in the last hour and decreased by 1.78% in the past 24 hours. Velodrome Finance’s price has also fallen by 6.47% in the past week. The current price is £0.0371 per VELO with a 24-hour trading volume of £2.42M. Currently, Velodrome Finance is valued at 87.10% below its all time high of £0.29. This all-time high was the highest price paid for Velodrome Finance since its launch.
The current circulating supply of Velodrome Finance is 915,202,511 VELO which means that Velodrome Finance has as total market cap of £33,891,036.77.
Market details
VELO vs markets
↘ 67.52%
VELO vs BTC
↘ 66.89%
VELO vs ETH
↘ 65.19%
Tags
decentralized-exchange-dex-token
defi
amm
binance-listing
Network & Addresses
Network | Address | |
|---|---|---|
Optimism | 0x9560e827aF36c94D2Ac33a39bCE1Fe78631088Db | |
Optimism | 0x3c8B650257cFb5f272f799F5e2b4e65093a11a05 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.0371 | ↘ 1.78% |
1 Day | £0.0379 | ↘ 1.78% |
1 Week | £0.0396 | ↘ 6.47% |
1 Month | £0.0377 | ↘ 1.09% |
1 Year | £0.0626 | ↘ 39.74% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
We update our Velodrome Finance to GBP currency in real-time. Get the live price of Velodrome Finance on Coinbase.
The current market cap of Velodrome Finance is £33.89M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Velodrome Finance is £0.29. This all-time high is highest price paid for Velodrome Finance since it was launched.
Over the last 24 hours, the trading volume of Velodrome Finance is £2.42M.
Assets that have a similar market cap to Velodrome Finance include MORI COIN, BNB Attestation Service, Braintrust, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Velodrome Finance is 915 million.
Velodrome Finance ranks 163 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Yes, Velodrome Finance is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Velodrome Finance guide.
Social stats
Popularity in posts
#168
Contributors
719
Posts
1,959
% About Velodrome Finance
0.133%
Hold times
0 days
X (Twitter)
37.6% bullish
Sentiment
4.4 ★
Highlights
719 unique individuals are talking about Velodrome Finance and it is ranked #168 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Velodrome Finance has an average sentiment score of 87 out of 5. Finally, Velodrome Finance is becoming less newsworthy, with 0 news articles published about Velodrome Finance.
On Twitter, people are mostly neutral about Velodrome Finance. There were 39.29% of tweets with bullish sentiment compared to 4.52% of tweets with a bearish sentiment about Velodrome Finance. 60.71% of tweets were neutral about Velodrome Finance. These sentiments are based on 1946 tweets.
On Reddit, Velodrome Finance was mentioned in 3 Reddit posts and there were 18 comments about Velodrome Finance. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.