Ask about Velar Protocol

Logo of Velar ProtocolVelar Protocol(VELAR)

Total Value Locked$526,977

TVL by Chain

Stacks$525,219

BOB$1,155

Mezo$603

Key Metrics

Fees 30d$62.57
Fees 30d by chain

Stacks$62.57

Fees 7d$22.02

Stacks$22.02

Fees 24h$5.10

Stacks$5.10

Cumulative Fees$9,759

Stacks$9,759

DEX Volume 30d$28,225
DEX Volume 30d by chain

Stacks$28,225

DEX Volume 7d$9,825

Stacks$9,825

DEX Volume 24h$2,261

Stacks$2,261

Cumulative DEX Volume$7.68m

Stacks$7.68m

Market Cap$85,611

$VELAR Price$0.00024

All Time High$0.38

All Time Low$0.000063

View $VELAR token page

$241,659

$VELAR Volume 24h$789.75

CEX Volume$0

DEX Volume$557.06(70.54% 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

Categories:DexsDerivatives
Products:

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

Frequently Asked Questions

What is Velar Protocol's TVL?

Velar Protocol currently has $526,977 in total value locked. TVL has increased 36.8% 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 99.7%.

How much has Velar Protocol generated in fees?

Over the past 30 days, Velar Protocol generated $62.57 in fees. Based on the trailing year, the annualized rate is $2,397 in fees.

What is the VELAR token price and valuation?

VELAR is currently trading at $0.00024. Its circulating market capitalization is $85,729, ranking it #6,948. Its fully diluted valuation is $241,992. Supply currently stands at 354.26m circulating, 1b total supply, 1b maximum supply.

How has VELAR performed recently?

VELAR is down 12.5% over the past 7 days and down 17.6% 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 $28,225 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.