Velodrome Finance
About Velodrome Finance
Velodrome is the native DEX of Optimism, using the ve(3,3) model pioneered by Solidly. Voters lock VELO as veVELO to direct liquidity emissions and earn protocol fees. It has become the liquidity infrastructure backbone of the Optimism ecosystem.
Supported Networks
Key Features
- ve(3
- 3) model
- Vote-directed emissions
- Protocol fee distribution
- Stable and volatile pool types
- Low Optimism L2 fees
- Concentrated liquidity (V2)
Risks
- Optimism network dependency
- Emission inflation
- Vote centralisation risk
- Smart contract risk
Community & Socials
More DEX / AMM Protocols
Raydium
DEX / AMM · TVL: $1B+Raydium is Solana's leading AMM and liquidity provider, designed to leverage Solana's high-speed, low-cost infrastructure. It integrates with OpenBook's central limit order book (CLOB) for hybrid AMM+order book liquidity. Raydium's AcceleRaytor serves as a launchpad for new Solana projects.
Aerodrome Finance
DEX / AMM · TVL: $1B+Aerodrome is the leading DEX on Base (Coinbase's L2), forked from Velodrome on Optimism. It uses the ve(3,3) model where voters direct emissions to liquidity pools, creating flywheel incentives for deep liquidity. Aerodrome has captured the majority of Base's DEX volume and TVL since launch.
Balancer
DEX / AMM · TVL: $1B+Balancer is a flexible AMM that supports multi-asset pools with customisable weightings (not just 50/50). This allows index-like funds, portfolio rebalancing, and innovative pool designs. Balancer V2 introduced a single vault architecture for capital efficiency. The protocol powers many of DeFi's most complex liquidity strategies.
PancakeSwap
DEX / AMM · TVL: $2B+PancakeSwap is the dominant DEX on BNB Chain and has expanded to multiple chains. It offers AMM trading, concentrated liquidity (V3), yield farming, lotteries, NFTs, and prediction markets. As the gateway to BNB Chain DeFi, PancakeSwap processes billions in monthly trading volume with lower fees than Ethereum-native DEXs.