Convert Velodrome Finance VELO to SHIBA INU SHIB
VELO to SHIB: 1 Velodrome Finance converts to 4,106.57 SHIB as of June 13 at 8:17 AM
About VELO and SHIB
Velodrome Finance is climbing, while SHIBA INU is falling this week. The current VELO to SHIB conversion rate is 4,106.57. Inversely, this means that if you convert 1 SHIB you will get 0.000244 VELO. The conversion rate of VELO/SHIB has decreased by 1.8% in the last hour (SHIB/VELO increased by 1.8%). In the last 24 hours, VELO/SHIB grew by 2.33%, while SHIB/VELO shrunk by the same amount.
The exchange rate of Velodrome Finance is increasing. The current value of 1 VELO is 4,106.57 SHIB. In other words, to buy 5 Velodrome Finance, it would cost you 20,532.84 SHIB. Inversely, 1 SHIB would allow you to trade for 0.000244 VELO while 50 SHIB would convert to 0.0122 VELO, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 3%. Meanwhile, in the last 24 hours, the rate has changed by 2.7%, which means that the highest exchange rate of 1 VELO to SHIB was 4,199.59 SHIB and the lowest 24 hour value was 1 VELO for 3,970.44 SHIB. Last month, 1 VELO was worth 4,449.41 SHIB. Today, it's down 8.35%. Looking back a year, Velodrome Finance has changed by 4,963.03 SHIB. That means that in a single year, the value of Velodrome Finance has shrank by 20.86%.
Velodrome Finance Market Stats
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.
SHIBA INU Market Stats
Shiba Inu (SHIB) is a token that aspires to be an Ethereum-based alternative to Dogecoin (DOGE), the popular memecoin. Unlike Bitcoin, which is designed to be scarce, SHIB is intentionally abundant — with a total supply of one quadrillion. The Shiba Inu Token ecosystem supports projects such as an NFT art incubator and the development of a decentralized exchange called Shibaswap.