Ask about Velar Protocol
Logo of Velar ProtocolVelar Protocol(VELAR)
Total Value Locked$367,707

TVL by Chain

Stacks$366,028

BOB$1,109

Mezo$570

Key Metrics

Fees 30d$92.72
Fees 30d by chain

Stacks$92.72

Fees 7d$9.9

Stacks$9.9

Fees 24h$1.15

Stacks$1.15

Cumulative Fees$9,712.32

Stacks$9,712.32

DEX Volume 30d$40,462
DEX Volume 30d by chain

Stacks$40,462

DEX Volume 7d$4,454

Stacks$4,454

DEX Volume 24h$539

Stacks$539

Cumulative DEX Volume$7.66m

Stacks$7.66m

Market Cap$89,092

$VELAR Price$0.00025

All Time High$0.38

All Time Low$0.000063

View $VELAR token page

$251,486

$VELAR Volume 24h$28.69

CEX Volume$0

DEX Volume$28.71(100.07% 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

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

Frequently Asked Questions

What is Velar Protocol's TVL?

Velar Protocol currently has $367,707 in total value locked. TVL has decreased 93.3% 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 99.5%.

How much has Velar Protocol generated in fees?

Over the past 30 days, Velar Protocol generated $92.72 in fees. Based on the trailing year, the annualized rate is $3,423.42 in fees.

What is the VELAR token price and valuation?

VELAR is currently trading at $0.00024. Its circulating market capitalization is $83,958, ranking it #6,409. Its fully diluted valuation is $236,993. Supply currently stands at 354.26m circulating, 1b total supply, 1b maximum supply.

How has VELAR performed recently?

VELAR is down 11.2% over the past 7 days and up 77.2% 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 $40,462 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.