Logo of Velar ProtocolVelar Protocol(VELAR)
Total Value Locked$385,232

TVL by Chain

Stacks$383,544

BOB$1,115

Mezo$573

Key Metrics

Fees 30d$89.2
Fees 30d by chain

Stacks$89.2

Fees 7d$13.45

Stacks$13.45

Fees 24h$1.42

Stacks$1.42

Cumulative Fees$9,707.25

Stacks$9,707.25

DEX Volume 30d$38,870
DEX Volume 30d by chain

Stacks$38,870

DEX Volume 7d$6,256

Stacks$6,256

DEX Volume 24h$643

Stacks$643

Cumulative DEX Volume$7.66m

Stacks$7.66m

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 $385,232 in total value locked. TVL has increased 59.9% 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 $89.2 in fees. Based on the trailing year, the annualized rate is $3,583.77 in fees.

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 $38,870 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.