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Vela Exchange(VELA)Deprecated protocol

Key Metrics

Cumulative Fees$7.85m
Cumulative Fees by chain

Arbitrum$7.85m

Base$1,442

Incentives 1y$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Cumulative Perp Volume$9.985b
Cumulative Perp Volume by chain

Arbitrum$9.902b

Base$82.63m

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Protocol Information

Vela Exchange is a decentralized exchange with advanced perpetuals trading capabilities, community focused incentives, and scalable infrastructure

Category:Derivatives

Methodology

TVL: Counts USDC deposited to trade and to mint VLP. Staking counts VELA and esVELA deposited to earn esVELAView code on GitHubFees: Daily fees collected from user trading feesView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHub

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Vela Exchange history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jan 30, 2023 to Oct 23, 2026.

All-time high TVL: $54.21m on Mar 8, 2023. All-time low TVL: $226 on Apr 24, 2023.

Daily TVL, Sep 24, 2026 to Oct 23, 2026

DateTVL
Sep 24, 2026$0
Sep 25, 2026$0
Sep 26, 2026$0
Sep 27, 2026$0
Sep 28, 2026$0
Sep 29, 2026$0
Sep 30, 2026$0
Oct 1, 2026$0
Oct 2, 2026$0
Oct 3, 2026$0
Oct 4, 2026$0
Oct 5, 2026$0
Oct 6, 2026$0
Oct 7, 2026$0
Oct 8, 2026$0
Oct 9, 2026$0
Oct 10, 2026$0
Oct 11, 2026$0
Oct 12, 2026$0
Oct 13, 2026$0
Oct 14, 2026$0
Oct 15, 2026$0
Oct 16, 2026$0
Oct 17, 2026$0
Oct 18, 2026$0
Oct 19, 2026$0
Oct 20, 2026$0
Oct 21, 2026$0
Oct 22, 2026$0
Oct 23, 2026$0

TVL at each month end, Nov 2024 to Oct 2026

DateTVL
Nov 30, 2024$442,011
Dec 31, 2024$412,698
Jan 31, 2025$414,185
Feb 28, 2025$415,515
Mar 31, 2025$414,740
Apr 30, 2025$415,562
May 31, 2025$367,812
Jun 30, 2025$368,856
Jul 31, 2025$370,073
Aug 31, 2025$371,403
Sep 30, 2025$367,821
Oct 31, 2025$368,996
Nov 30, 2025$369,928
Dec 31, 2025$367,801
Jan 31, 2026$366,957
Feb 28, 2026$367,596
Mar 31, 2026$367,151
Apr 30, 2026$368,249
May 31, 2026$369,122
Jun 30, 2026$369,784
Jul 31, 2026$370,597
Aug 31, 2026$0
Sep 30, 2026$0
Oct 23, 2026 (latest)$0

TVL at each year end, Dec 31, 2023 to Dec 31, 2025

DateTVL
Dec 31, 2023$7.35m
Dec 31, 2024$412,698
Dec 31, 2025$367,801

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/vela-exchange

Frequently asked questions

What is Vela Exchange's TVL?

As of Oct 23, 2026, Vela Exchange has $0 in total value locked.

What chains does Vela Exchange operate on?

Vela Exchange operates on 2 chains: Arbitrum and Base.