Ask about Velar Protocol
Logo of Velar ProtocolVelar Protocol(VELAR)
Total Value Locked$268,124

TVL by Chain

Stacks$266,602

BOB$1,012

Mezo$510

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.