About Velodrome Finance
Velodrome Finance is the world's first MetaDEX — a next-generation automated market maker powering the decentralized economy on Optimism's Superchain.
Total Value Locked
$500M+
Weekly Volume
$200M+
Active Pools
500+
Since Launch
2022
Velodrome Finance was created as a public good — a decentralized, community-owned exchange that redistributes 100% of protocol fees and incentives back to users. We believe in a financial system where value flows directly to participants, not to intermediaries.
Built on Optimism, Velodrome Finance leverages the speed and low cost of the Superchain to make DeFi accessible to everyone. Our mission is to be the essential trading and liquidity infrastructure for the entire Superchain ecosystem.
Our smart contracts are immutable and permissionless. No admin keys. No backdoors. Code is law.
Every decision is governed onchain by VELO token holders. The community controls the future of Velodrome Finance.
Velodrome Finance received $0 in venture capital funding and conducted zero token sales. A truly fair launch for the community.
Velodrome Finance combines the best mechanics from Curve, Convex, and Uniswap into a single unified protocol that aligns incentives across traders, liquidity providers, and token holders.
Execute low-slippage token swaps across stable and volatile pools. Velodrome Finance routes through the most efficient pools to ensure you get the best rate on every trade.
Deposit token pairs into liquidity pools and stake your LP tokens to earn continuous VELO emissions. Liquidity providers earn from both trading fees and protocol incentives.
Lock VELO tokens to receive veVELO NFTs. Vote on emission distribution and earn 100% of trading fees and external incentives from the pools you vote for.
The VELO token is the lifeblood of the Velodrome Finance protocol, designed to align long-term incentives between traders, liquidity providers, and protocol governance.
VELO is distributed weekly through the gauge voting system. There are no VC allocations, no private sale tokens, and no team cliff clawbacks. All tokens follow the same transparent schedule.
VELO emissions follow a decaying schedule — each week's emissions are slightly lower than the previous, creating sustainable long-term supply dynamics. Locked veVELO holders receive weekly rebases to protect against dilution.
From a single idea to the most important liquidity layer on Optimism — here's how Velodrome Finance got here.
June 2022
Velodrome Finance v1 launched on Optimism Mainnet. The protocol debuted with the veVELO model and immediately attracted significant TVL from the Optimism ecosystem.
Q4 2022
Velodrome Finance became the largest DEX on Optimism by TVL. Over 100 protocols integrated with Velodrome Finance for liquidity bootstrapping.
2023
Major protocol upgrade introducing concentrated liquidity positions, improved routing, and expanded pool types including Slipstream CL pools.
2024
Velodrome Finance expanded its MetaDEX vision across the Optimism Superchain, becoming the essential trading infrastructure across multiple OP Stack chains.
2025
Velodrome Finance v5 launched with enhanced UX, Farcaster Mini App support, and deeper cross-chain interoperability. The protocol continues to set the standard for DeFi liquidity infrastructure.
Ongoing
The Velodrome Finance team continues to ship improvements, expand to new chains, and deepen integrations across the DeFi ecosystem.
Security is the foundation of Velodrome Finance. Our smart contracts have been thoroughly audited by leading security firms and battle-tested with over $500M in TVL.
Velodrome Finance contracts have been audited by Code4rena, Spearbit, and other top security firms. All audit reports are publicly available.
Active bug bounty program with significant rewards for responsible disclosure of critical vulnerabilities. We take security reports seriously.
Core Velodrome Finance contracts are immutable and non-upgradeable. There are no admin keys or multisigs that can pause or drain user funds.
All Velodrome Finance smart contracts and frontend code are fully open source and available on GitHub for public review and scrutiny.
All protocol parameter changes go through onchain governance. No single party can unilaterally change protocol rules without community consensus.
Operating since 2022 with over $500M TVL at peak, Velodrome Finance has proven itself through multiple market cycles without any critical security incidents.
Velodrome Finance is built by a dedicated team of DeFi-native engineers, researchers, and community builders united by the vision of open, accessible finance for everyone.
World-class smart contract developers building immutable, secure, and efficient DeFi infrastructure. Our engineers have backgrounds at leading protocols and Web2 companies.
Quantitative researchers and economists designing tokenomics and mechanism design that creates sustainable long-term value for all Velodrome Finance participants.
Passionate community managers and growth leads building relationships with protocols and users across the Superchain ecosystem.
Transparency
Everything we build is public. Our code, our decisions, and our treasury are visible to anyone on the blockchain.
Decentralization
We actively work to reduce reliance on any single entity, including the founding team, through progressive decentralization.
Innovation
Velodrome Finance pioneered the ve(3,3) model and continues to push the boundaries of what's possible in DeFi liquidity infrastructure.
User First
100% of protocol fees and incentives go directly to users. We don't take a cut — we build for the community.
Join hundreds of thousands of users who rely on Velodrome Finance for swapping, earning yield, and participating in decentralized governance on Optimism.