Total Value Locked$303,126
TVL by Chain
OP Mainnet$303,126
Key Metrics
Fees 30d$215.49
Fees 30d by chain
OP Mainnet$215.49
Fees 7d$36.67
OP Mainnet$36.67
Fees 24h$5.67
OP Mainnet$5.67
Cumulative Fees$1.18m
OP Mainnet$1.18m
Revenue 30d$215.49
Revenue 30d by chain
OP Mainnet$215.49
Revenue 7d$36.67
OP Mainnet$36.67
Revenue 24h$5.67
OP Mainnet$5.67
Cumulative Revenue$1.18m
OP Mainnet$1.18m
Holders Revenue 30d$215.49
Holders Revenue 30d by chain
OP Mainnet$215.49
Holders Revenue 7d$36.67
OP Mainnet$36.67
Holders Revenue 24h$5.67
OP Mainnet$5.67
Cumulative Holders Revenue$1.18m
OP Mainnet$1.18m
DEX Volume 30d$448,185
DEX Volume 30d by chain
OP Mainnet$448,185
DEX Volume 7d$76,384
OP Mainnet$76,384
DEX Volume 24h$12,650
OP Mainnet$12,650
Cumulative DEX Volume$6.275b
OP Mainnet$6.217b
Mode$51.87m
BOB$6.12m
Protocol Information
A revolutionary new AMM based on Solidly launched on Optimism.
Sub Category: ve(3,3)
Audits:
Methodology
TVL: Value of the tokens locked in the liquidity pools.View code on GitHubFees: Token swap fees paid by users.View code on GitHubRevenue: Swap fees distributed to VELO token holders.View code on GitHubHolders Revenue: Swap fees dfistributed to VELO token holders.View code on GitHubDEX Volume: Volume of all spot token swaps on the DEXView code on GitHubUser Activity
Active Addresses (24h)2
New Addresses (24h)0
Transactions (24h)2
Gas Used (24h)0 ETH
Gas Cost (24h)$0
Competitors
Velodrome V1 history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jun 2, 2022 to Oct 24, 2026.
All-time high TVL: $324.02m on Mar 2, 2023. All-time low TVL: $263,814 on Jul 1, 2026.
Daily TVL, Sep 25, 2026 to Oct 24, 2026
| Date | TVL |
|---|---|
| Sep 25, 2026 | $2.03m |
| Sep 26, 2026 | $2.04m |
| Sep 27, 2026 | $2.04m |
| Sep 28, 2026 | $2.04m |
| Sep 29, 2026 | $2.03m |
| Sep 30, 2026 | $2.03m |
| Oct 1, 2026 | $2.03m |
| Oct 2, 2026 | $2.03m |
| Oct 3, 2026 | $2.03m |
| Oct 4, 2026 | $2.03m |
| Oct 5, 2026 | $2.04m |
| Oct 6, 2026 | $2.03m |
| Oct 7, 2026 | $2.03m |
| Oct 8, 2026 | $2.02m |
| Oct 9, 2026 | $2.02m |
| Oct 10, 2026 | $2.02m |
| Oct 11, 2026 | $2.03m |
| Oct 12, 2026 | $2.03m |
| Oct 13, 2026 | $2.02m |
| Oct 14, 2026 | $2.03m |
| Oct 15, 2026 | $2.02m |
| Oct 16, 2026 | $2.02m |
| Oct 17, 2026 | $2.02m |
| Oct 18, 2026 | $2.02m |
| Oct 19, 2026 | $2.02m |
| Oct 20, 2026 | $2.01m |
| Oct 21, 2026 | $317,169 |
| Oct 22, 2026 | $313,852 |
| Oct 23, 2026 | $306,421 |
| Oct 24, 2026 | $302,546 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $1.38m |
| Dec 31, 2024 | $1.28m |
| Jan 31, 2025 | $1.14m |
| Feb 28, 2025 | $919,957 |
| Mar 31, 2025 | $790,863 |
| Apr 30, 2025 | $774,274 |
| May 31, 2025 | $867,205 |
| Jun 30, 2025 | $842,774 |
| Jul 31, 2025 | $999,500 |
| Aug 31, 2025 | $1.07m |
| Sep 30, 2025 | $1.03m |
| Oct 31, 2025 | $870,704 |
| Nov 30, 2025 | $763,468 |
| Dec 31, 2025 | $723,677 |
| Jan 31, 2026 | $531,344 |
| Feb 28, 2026 | $460,459 |
| Mar 31, 2026 | $444,471 |
| Apr 30, 2026 | $442,796 |
| May 31, 2026 | $416,181 |
| Jun 30, 2026 | $266,790 |
| Jul 31, 2026 | $1.98m |
| Aug 31, 2026 | $2m |
| Sep 30, 2026 | $2.03m |
| Oct 24, 2026 (latest) | $302,546 |
TVL at each year end, Dec 31, 2022 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2022 | $75.91m |
| Dec 31, 2023 | $2.81m |
| Dec 31, 2024 | $1.28m |
| Dec 31, 2025 | $723,677 |
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $1,871 | $1,871 | $1,871 |
| Dec 2024 | $2,482 | $2,482 | $2,482 |
| Jan 2025 | $1,096 | $1,096 | $1,096 |
| Feb 2025 | $1,140 | $1,140 | $1,140 |
| Mar 2025 | $741.46 | $741.46 | $741.46 |
| Apr 2025 | $698.98 | $698.98 | $698.98 |
| May 2025 | $926 | $926 | $926 |
| Jun 2025 | $487.01 | $487.01 | $487.01 |
| Jul 2025 | $994.94 | $994.94 | $994.94 |
| Aug 2025 | $844 | $844 | $844 |
| Sep 2025 | $406.38 | $406.38 | $406.38 |
| Oct 2025 | $705.90 | $705.90 | $705.90 |
| Nov 2025 | $541.93 | $541.93 | $541.93 |
| Dec 2025 | $304.39 | $304.39 | $304.39 |
| Jan 2026 | $333.72 | $333.72 | $333.72 |
| Feb 2026 | $505.32 | $505.32 | $505.32 |
| Mar 2026 | $272.38 | $272.38 | $272.38 |
| Apr 2026 | $195.97 | $195.97 | $195.97 |
| May 2026 | $201.21 | $201.21 | $201.21 |
| Jun 2026 | $293.80 | $293.80 | $293.80 |
| Jul 2026 | $166.31 | $166.31 | $166.31 |
| Aug 2026 | $139.57 | $139.57 | $139.57 |
| Sep 2026 | $246.49 | $246.49 | $246.49 |
| Oct 2026 (to date) | $156.84 | $156.84 | $156.84 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/velodrome-v1
Frequently asked questions
What is Velodrome V1's TVL?
As of Oct 24, 2026, Velodrome V1 has $303,126 in total value locked. TVL has decreased 85% over the past 30 days.
What chains does Velodrome V1 operate on?
Velodrome V1 operates on 3 chains: OP Mainnet, Mode, and BOB. OP Mainnet holds the largest share at 100%.
How much has Velodrome V1 generated in fees and revenue?
Over the past 30 days, Velodrome V1 generated $215.49 in fees. Of that, $215.49 was protocol revenue. Based on the trailing year, the annualized rate is $3,447 in fees and $3,447 in revenue.
How does Velodrome V1's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Velodrome V1 ranks #410 by TVL. The category holds $13.874b across 1,921 protocols, and Velodrome V1 accounts for <0.1% of that total. Similar protocols include Velodrome V2, Uniswap V3, Velodrome V3, DyorSwap AMM, iZiSwap, Swaap Maker V2, TanX.fi, DackieSwap V3, DackieSwap V2, and Archly V2.
How much trading volume does Velodrome V1 process?
Velodrome V1 processed $448,185 in DEX volume over the past 30 days.