Ask about Vela Exchange
Logo of Vela ExchangeVela Exchange(VELA)
Total Value Locked$370,684.24

TVL by Chain

Arbitrum$359,468.62

Base$11,215.62

Key Metrics

Fees (Annualized)$4.45m
Cumulative Fees$7.85m

Arbitrum$7.85m

Base$1,442

Incentives 1y$0

$0

$0

$0

$0

Cumulative Perp Volume$9.985b
Cumulative Perp Volume by chain

Arbitrum$9.902b

Base$82.63m

Staked$0

Protocol Information

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

Category:Derivatives

WebsiteTwitter

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.

Competitors

Derive V2 ($112.4m)Apex Omni ($29.58m)Aevo Perps ($14.71m)Gains Network ($11.01m)Contango V2 ($6.16m)GMX V2 Perps ($173.53m)Avantis ($21.54m)Ostium ($17.86m)Antarctic ($9.74m)MUX Perps ($8.44m)

Frequently Asked Questions

What is Vela Exchange?

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

What is Vela Exchange's TVL?

Vela Exchange currently has $370,684.24 in total value locked. TVL has increased 0.2% over the past 30 days.

What chains does Vela Exchange operate on?

Vela Exchange operates on 2 chains: Base and Arbitrum. Arbitrum holds the largest share at 97%.

How does Vela Exchange's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, Vela Exchange ranks #68 by TVL. The category holds $1.895b across 369 protocols, and Vela Exchange accounts for <0.1% of that total. Other leading protocols include Jupiter, Hyperliquid, and GMX.