Velodrome Will Launch on Optimism on May 31

Velodrome, a Solidly-based DEX launched by veDAO, announced that it will go live on Optimism May 31, and users can check out the availability of airdrops at velodrome.finance (currently not available for viewing). Projects currently confirmed to partner with Velodrome include Hundred Finance, Alchemix, MakerDAO, Frax Finance, TreasureDAO, Thales, and Perpetual Protocol. Previously, Velodrome announced that 60% of the initial release of $VELO (400 million) will be airdropped. 45% will be allocated to WeVE holders, 25% to cross-chain DeFi users (including Curve, Convex, Platypus Finance, TreasureDAO, Redacted Cartel Protocol), and 30% will be allocated to $OP holders.
Source

DEX

Optimism

DeFi

Related News
Hyperliquid hits record $248 billion perp volume in May, capturing over 10% of Binance flow Hyperliquid hits record $248 billion perp volume in May, capturing over 10% of Binance flow
Sui DEX Cetus Protocol restarts platform after recovering from $223 million exploit Sui DEX Cetus Protocol restarts platform after recovering from $223 million exploit
Sui DEX Cetus says overlooked flaw in open-source library used by smart contract led to $223 million exploit Sui DEX Cetus says overlooked flaw in open-source library used by smart contract led to $223 million exploit
Term Finance recovers $1 million of $1.6 million loss to oracle configuration error Term Finance recovers $1 million of $1.6 million loss to oracle configuration error
Pump.fun launches DEX called PumpSwap to instantly migrate graduated token Pump.fun launches DEX called PumpSwap to instantly migrate graduated token
Latest News More More
7 Hours Ago Chinese creditors push back against FTX's motion to forfeit payouts in restricted jurisdictions
3 Days Ago TON Foundation offers path to 10-year UAE 'Golden Visa' for $100k in staked TON, $35k fee; UAE denies eligibility
6 Days Ago Tether plans further Bitcoin mining expansion in South America with Adecoagro tie up
July 3 North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms
July 3 JPMorgan's blockchain unit tests new carbon credit tokenization application with S&P Global
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open