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Velar Protocol(VELAR)

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

All Time High$0.38

All Time Low$0.000063

View $VELAR token page

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

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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

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

DateTVL
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

DateTVL
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

DateTVL
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.