Protocol Information
DeFi Liquidity Protocol on Bitcoin
Category:Derivatives
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubHacks
Date: Feb 19, 2026
Amount: $401,000
Classification: Protocol Logic
Technique: Predictable Oracle Price Update
Chains: Mezo
Language: Solidity
Target Type: DeFi Protocol
Competitors
Frequently Asked Questions
What is Velar Perps?
DeFi Liquidity Protocol on Bitcoin
What is Velar Perps' TVL?
Velar Perps currently has $12,869.18 in total value locked. TVL has increased 1.2% over the past 30 days.
What chains does Velar Perps operate on?
Velar Perps operates on 3 chains: BOB, Mezo, and Stacks. Stacks holds the largest share at 88%.
Has Velar Perps ever been exploited?
Velar Perps has 1 recorded security incident. The most recent incident occurred on Feb 19, 2026 and involved $401,000. It was classified as Protocol Logic.