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Velodrome Finance

VELO

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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.

Market

Market stats

Market cap

$106.7M

Volume (24h)

$7.2M

Circulating supply

650.7M VELO

Typical hold time

9 days

Popularity

#413

All time high

$0.39

Market performance

Price change (1h)

+2.71%

Price change (1d)

+13.62%

Price change (1w)

-6.04%

Price change (2w)

-10.17%

Price change (1m)

-40.81%

Price change (1y)

+20.95%

News about Velodrome Finance

BeInCrypto • May 02, 24

Fantom (FTM) Price Correction Concludes as Buy Signals Emerge

Fantom's price trading above a key support level is flashing a buy signal which could trigger a recovery, however, the chances of a consolidation are still high.The post Fantom (FTM) Price Correction Concludes as Buy Signals Emerge appeared first on BeInCrypto.

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The Defiant • May 02, 24

EigenLayer Increases Minimum Airdrop Allocation

More than 280,000 users of the restaking protocol will receive an additional 100 EIGEN tokens.

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Bitcoin Magazine • May 02, 24

Michael Saylor Delivers Bitcoin Masterclass To Fortune 1000 Companies

Michael Saylor delivered Keynote remarks at MicroStrategy (MSTR) World: Bitcoin for Corporations conference to attending Fortune 1000 companies.

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The Block • May 02, 24

Dorsey’s Block to invest 10% of bitcoin profits into BTC each month, shares rise on Q1 earnings beat

Jack Dorsey's Block will be investing 10% of its gross profit from bitcoin products into bitcoin purchases and will open-source its treasury.

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Unchained • May 02, 24

Eigen Foundation to Allocate an Additional $1,000 in EIGEN Tokens to Over 280,000 Users

The Eigen Foundation announced Thursday that it will allocate an additional 100 EIGEN tokens, currently worth about $1,000, to more than 280,000 users in an effort to increase the accessibility of its token for early adopters and respond to community criticism of specific details of EigenLayer’s ...

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Decrypt • May 02, 24

Jito Price Jumps After Topping Solana DeFi Protocols With $1 Billion Locked

Jito Network became the top DeFi protocol on Solana, with liquid staking pool token JitoSOL rising by 8.5%.

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Social

Some highlights about Velodrome Finance on social media

1,094 unique individuals are talking about Velodrome Finance and it is ranked #100 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 3.5 out of 5. Finally, Velodrome Finance is becoming more newsworthy, with 0 news articles published about Velodrome Finance. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly bullish about Velodrome Finance. There were 51.68% of tweets with bullish sentiment compared to 14.2% of tweets with a bearish sentiment about Velodrome Finance. 34.11% of tweets were neutral about Velodrome Finance. These sentiments are based on 683 tweets.

On Reddit, Velodrome Finance was mentioned in 0 Reddit posts and there were 0 comments about Velodrome Finance. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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Overview

Contributors

1,094 people

Volume rank

#100

Average Sentiment

3.5 out of 5

Twitter

Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Velodrome Finance is on the decline this week.

The price of Velodrome Finance has increased by 2.71% in the last hour and increased by 13.62% in the past 24 hours. Velodrome Finance’s price has also fallen by 6.04% in the past week. The current price is $0.16 per VELO with a 24-hour trading volume of $7.20M. Currently, Velodrome Finance is valued at 57.78% below its all time high of $0.39. This all-time high was the highest price paid for Velodrome Finance since its launch.

The current circulating supply of Velodrome Finance is 650,744,175.892 VELO which means that Velodrome Finance has as total market cap of 650,744,175.892.

FAQ

What is the current price of Velodrome Finance?

We update our Velodrome Finance to USD currency in real-time. Get the live price of Velodrome Finance on Coinbase.

What is the market cap of Velodrome Finance?

The current market cap of Velodrome Finance is $106.69M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Velodrome Finance?

The all-time high of Velodrome Finance is $0.39. This all-time high is highest price paid for Velodrome Finance since it was launched.

What is the 24 hour trading volume of Velodrome Finance?

Over the last 24 hours, the trading volume of Velodrome Finance is $7.20M.

What other assets are similar to Velodrome Finance?

Assets that have a similar market cap to Velodrome Finance include Moola Celo, YoloCash, Asva, and many others. To see a full list, see our comparable market cap assets.

How many Velodrome Finance are there?

The current circulating supply of Velodrome Finance is 651 million.

What is the typical holding time of Velodrome Finance?

The median time that Coinbase customers hold Velodrome Finance before selling it or sending it to another account or address is 9 days.

What is the relative popularity of Velodrome Finance?

Velodrome Finance ranks 171 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Can I buy Velodrome Finance on Coinbase?

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.