Total Value Locked$494,339
TVL by Chain
Stacks$492,582
BOB$1,152
Mezo$605
Key Metrics
Fees 30d$70.75
Fees 30d by chain
Stacks$70.75
Fees 7d$13.40
Stacks$13.40
Fees 24h$3.56
Stacks$3.56
Cumulative Fees$9,792
Stacks$9,792
DEX Volume 30d$31,791
DEX Volume 30d by chain
Stacks$31,791
DEX Volume 7d$5,932
Stacks$5,932
DEX Volume 24h$1,573
Stacks$1,573
Cumulative DEX Volume$7.7m
Stacks$7.7m
Market Cap$69,294
$VELAR Price$0.0002
Fully Diluted Valuation$195,601
$VELAR Volume 24h$3.80
CEX Volume$0
DEX Volume$3.82(100.53% of total)
Total Raised$3.5m
Feb 1, 2024$3.5mRound: SeedInvestors: Bitcoin Startup Lab, CMS, Black Edge Capital, Samara Asset Group, GBV, Trust Machines, Cypher Capital, MH Ventures
Protocol Information
Decentralized exchange on Mode Mainnet
- Velar AMMDexs
- Velar PerpsDerivatives
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
DEX Volume: Volume of all spot token swaps on the DEX
Hacks
Date: Feb 19, 2026
Protocol: Velar Perps
Amount: $401,000
Classification: Oracle Manipulation
Technique: Predictable Oracle Update
Chains: Mezo
Language: Solidity
Target Type: DeFi Protocol
Velar Protocol history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Mar 21, 2024 to Oct 21, 2026.
All-time high TVL: $5.55m on Aug 13, 2026. All-time low TVL: $221,962 on Aug 12, 2026.
Daily TVL, Sep 22, 2026 to Oct 21, 2026
| Date | TVL |
|---|---|
| Sep 22, 2026 | $484,298 |
| Sep 23, 2026 | $479,104 |
| Sep 24, 2026 | $444,848 |
| Sep 25, 2026 | $445,110 |
| Sep 26, 2026 | $466,386 |
| Sep 27, 2026 | $480,688 |
| Sep 28, 2026 | $478,334 |
| Sep 29, 2026 | $447,561 |
| Sep 30, 2026 | $459,543 |
| Oct 1, 2026 | $491,056 |
| Oct 2, 2026 | $528,872 |
| Oct 3, 2026 | $526,883 |
| Oct 4, 2026 | $516,327 |
| Oct 5, 2026 | $525,653 |
| Oct 6, 2026 | $511,108 |
| Oct 7, 2026 | $515,673 |
| Oct 8, 2026 | $506,620 |
| Oct 9, 2026 | $513,640 |
| Oct 10, 2026 | $522,002 |
| Oct 11, 2026 | $530,296 |
| Oct 12, 2026 | $523,067 |
| Oct 13, 2026 | $433,795 |
| Oct 14, 2026 | $557,402 |
| Oct 15, 2026 | $428,925 |
| Oct 16, 2026 | $555,058 |
| Oct 17, 2026 | $510,795 |
| Oct 18, 2026 | $501,577 |
| Oct 19, 2026 | $498,493 |
| Oct 20, 2026 | $496,734 |
| Oct 21, 2026 | $483,054 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $3.51m |
| Dec 31, 2024 | $3.66m |
| Jan 31, 2025 | $3.66m |
| Feb 28, 2025 | $3.66m |
| Mar 31, 2025 | $1.13m |
| Apr 30, 2025 | $1.44m |
| May 31, 2025 | $1.38m |
| Jun 30, 2025 | $1.43m |
| Jul 31, 2025 | $1.45m |
| Aug 31, 2025 | $1.12m |
| Sep 30, 2025 | $1.1m |
| Oct 31, 2025 | $2.22m |
| Nov 30, 2025 | $1.89m |
| Dec 31, 2025 | $1.64m |
| Jan 31, 2026 | $1.16m |
| Feb 28, 2026 | $385,970 |
| Mar 31, 2026 | $341,325 |
| Apr 30, 2026 | $353,593 |
| May 31, 2026 | $373,290 |
| Jun 30, 2026 | $275,746 |
| Jul 31, 2026 | $270,237 |
| Aug 31, 2026 | $376,868 |
| Sep 30, 2026 | $459,543 |
| Oct 21, 2026 (latest) | $483,054 |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $3.66m |
| Dec 31, 2025 | $1.64m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/velar-protocol
Frequently asked questions
What is Velar Protocol's TVL?
As of Oct 21, 2026, Velar Protocol has $494,339 in total value locked. TVL has increased 8.9% over the past 30 days.
What chains does Velar Protocol operate on?
Velar Protocol operates on 3 chains: Stacks, BOB, and Mezo. Stacks holds the largest share at 99.6%.
How much has Velar Protocol generated in fees?
Over the past 30 days, Velar Protocol generated $70.75 in fees. Based on the trailing year, the annualized rate is $1,387 in fees.
What is the VELAR token price and valuation?
VELAR is currently trading at $0.0002. Its circulating market capitalization is $69,450, ranking it #7,084. Its fully diluted valuation is $196,041. Supply currently stands at 354.26m circulating, 1b total supply, 1b maximum supply.
How has VELAR performed recently?
VELAR is up 12.5% over the past 7 days and down 34.1% over the past 30 days. Its all-time high is $0.38, reached on Apr 8, 2024. The token is currently 99.9% below that level.
Which protocols are included in Velar Protocol?
Velar Protocol is a parent protocol whose tracked products include Velar AMM and Velar Perps.
How much trading volume does Velar Protocol process?
Velar Protocol processed $31,791 in DEX volume over the past 30 days.
Has Velar Protocol ever been exploited?
Velar Protocol has 1 recorded security incident. The most recent incident occurred on Feb 19, 2026 and involved $401,000. It was classified as Oracle Manipulation.