Vela Token Logo

Vela Token VELA

Vela Token header image

1. Summary

Ranks

Liquidity
81
Developer
-
Social
95
Momentum (beta)
6
Stack Rankā„¢
-
Price
$0.32 -3.0%
Market Cap
$6.60M (#1542)
Supply
20.42M / 20.62M
Price
52W High price $3.24
52W High date 28th Jun 2023 (11 months ago)
All Time High (ATH) Date 20th Feb 2023 (1 year ago)
ATH Price $7.67
% From ATH -95.83%
All Time Low (ATL) Date 19th Jun 2024 (5 days ago)
ATL Price $0.31
% From ATL 1.85%
Supply & Trading Volume
Trading Volume (24h) $394,383.00
Total Supply 20.62M
Max Supply 50.00M
Circulating Supply 20.42M
Description

Overview

Overview

Vela Exchange is a permissionless, self-custody driven perpetual exchange built with innovative blockchain architecture to ensure fast transactions, secure trading, and extensibility into additional synthetic options and derivatives. The rewards structure of Vela Exchange is carefully balanced to manage token and rewards supply while maintaining high incentives for liquidity provisioning and trading.

Functionality

The exchange allows users to create positions against the performance of synthetic assets with leverage up to 250x. Key activities include backing the perpetual vault and leveraged trading by minting or redeeming VLP tokens, creating or closing leveraged positions on supported synthetic assets, and managing pending or open positions with triggered orders. It also supports staking VELA, esVELA, or VLP for ecosystem rewards.

Tokenomics

VELA, the native token, is awarded to users for providing liquidity on supported DEXs or through specific platform rewards. Holders of VELA can lock it into smart contracts or 'stake' to earn rewards. The token's distribution includes allocations for community incentives, growth and development, bridging with DXP (Vela's previous platform), the core team, investors, strategic partners, marketing efforts, and advisory roles.

Trading Features

Vela Exchange supports a robust hybrid on-chain and off-chain architecture, offering a powerful platform for leveraged trading. This combines the benefits of blockchain technology with the performance and reliability of server-hosted capabilities. Users can execute trades quickly and securely, benefiting from self-custody without sacrificing performance.

Positions Management

The exchange allows traders to manage their positions effectively by providing on-chart trading, advanced position management, and collateral management. It also supports the minting of VLP tokens to back leveraged trades, ensuring a secure and reliable trading environment.

Trading Pairs and Liquidity

VELA tokens can be traded on various centralized and decentralized exchanges. The most popular exchanges for buying and trading VELA include OKX, Bitget, and BingX, with trading volume tracked across multiple exchanges and markets.

2. Price

VELA

2.1. Market Performance

How does Vela Token's (VELA) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

-38.0%

VELA

-21.2%

Similar Market Cap

60 Day Return

-50.3%

VELA

-34.3%

Similar Market Cap

1 Year Return

-89.3%

VELA

-12.4%

Similar Market Cap

3. Developer Activity

No GitHub repos found. Either the project is not open source or we don't have data yet.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers
Active Reddit Users (past 24h)
Discord users 1,294
Active Discord Users 28
Telegram Users 6,173
Twitter followers 161,128
5. News
  • vela.exchange/early-access-cn?referredBy=wenxue600 Official

  • vela.exchange/early-access-cn?referredBy=wenxue600 Official

  • vela.exchange/early-access-cn?referredBy=wenxue600 Official

  • vela.exchange/early-access-cn?referredBy=wenxue600 Official

  • vela.exchange/early-access-cn?referredBy=wenxue600 Official

  • vela.exchange/early-access-cn?referredBy=wenxue600 Official

  • docs.vela.exchange/vela-knowledge-base/ Official

  • app.vela.exchange/?refer=71EL4OS8 Official

  • app.vela.exchange/?refer=71EL4OS8 Official

  • app.vela.exchange/?refer=71EL4OS8 Official

  • app.vela.exchange/?refer=71EL4OS8 Official

  • app.vela.exchange/?refer=71EL4OS8 Official

  • app.vela.exchange/?refer=71EL4OS8 Official

  • app.vela.exchange/?refer=71EL4OS8 Official

  • app.vela.exchange/?refer=71EL4OS8 Official

  • app.vela.exchange/?refer=71EL4OS8 Official

  • app.vela.exchange/?refer=71EL4OS8 Official

  • app.vela.exchange/?refer=71EL4OS8 Official

  • app.vela.exchange/?refer=71EL4OS8 Official

  • app.vela.exchange/?refer=N6YSW5RO Official

  • app.vela.exchange/?refer=N6YSW5RO Official

  • app.vela.exchange/?refer=N6YSW5RO Official

  • app.vela.exchange/?refer=N6YSW5RO Official

  • app.vela.exchange/?refer=N6YSW5RO Official

7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://www.vela.exchange/
Explorer https://arbiscan.io/token/0x088cd8f5eF3652623c22D4...
Twitter @vela_exchange

What is the correct contract address for Vela Token?

Base 0x5a76a56ad937335168b30df3aa1327277421c6ae
Arbitrum-one 0x088cd8f5ef3652623c22d48b1605dcfe860cd704

Has Vela Token been audited for security?

No security audits found for this project.

Are you the owner of Vela Token? Edit it here

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