Key Metrics
Fees (Annualized)$4,837.17
Fees 30d$15.41
Stacks$15.41
Fees 7d$4.41
Stacks$4.41
Fees 24h$0.41
Stacks$0.41
Cumulative Fees$9,605.13
Stacks$9,605.13
DEX Volume 30d$8,443
DEX Volume 30d by chain
Stacks$8,443
DEX Volume 7d$2,523
Stacks$2,523
DEX Volume 24h$182
Stacks$182
Cumulative DEX Volume$7.62m
Stacks$7.62m
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
Category:Dexs
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: Protocol Logic
Technique: Predictable Oracle Price Update
Chains: Mezo
Language: Solidity
Target Type: DeFi Protocol
Competitors
Frequently Asked Questions
What is Velar Protocol?
Decentralized exchange on Mode Mainnet
What is Velar Protocol's TVL?
Velar Protocol currently has $268,124 in total value locked. TVL has decreased 3.6% 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 99.4%.
How much has Velar Protocol generated in fees?
Over the past 30 days, Velar Protocol generated $15.41 in fees. Based on the trailing year, the annualized rate is $4,837.17 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 $8,443 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 Protocol Logic.