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VELA

No. 800
Vela Exchange
AMM
DeFi
DEX
Arbitrum
VELA Price Today
0
USD
-5.03%
Lower Price
0
Upper Price
0
24H Value(USD)
0
Total Market Cap(USD)
0
Circulating Market Cap (USD)
0
Total Circulation
15.45M
30.9%
Total Supply
50.00M

Price

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Markets

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Coin Introduction
1. Project introduction

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 & rewards supply while maintaining high incentives for liquidity provisioning and trading. While legacy decentralized applications and exchanges continue to deal with high execution costs, low performance, and other trade inefficiencies, Vela Exchange was built as a 'next gen' platform to overcome familiar DEX issues including front-running, slippage, asset limitations, and lack of risk management features. While perpetual trading is the first product of Vela Exchange, the long term vision of Vela Exchange is to provide traders with a home base complete with everything they need to trade crypto assets and leveraged products. This vision is always in motion at Vela Exchange and is an essential part of the Vela team’s ethos as we continue building in the cryptocurrency ecosystem.

2. Team introduction

Co-Founder: Daniel Peng Linkedin: https://www.linkedin.cn/incareer/in/thedanielpeng/ Twitter: https://twitter.com/NFT_Djinn Co-Founder: Travis Skweres Linkedin: https://www.linkedin.cn/incareer/in/travisskweres/ Twitter: https://twitter.com/TravDoesDeFi

3. Investment institution

Jane Street, QCP Capital, Big Brain Holdings, Ascendex, Builder Capital, Infinity Ventures Crypto, Robert Chen (Ottersec), Pear VC, Cogient, Moonshot Research, Fugazi Labs

4. Application and distribution

Token application: Staking, earning rewards Token distribution: Community Incentives: 35% Growth Fund: 25% Marketing: 10% Core Team: 10% DXP Allocation: 7% Team Growth: 5% Investors: 5% Advisors: 3%

Investing in cryptocurrencies carries market risks and price volatility. Before buying or selling, investors should consider their investment objectives, experience, and risk tolerance. Investments can result in partial or total loss, and investors should determine the investment amount based on the level of loss they can afford. Investors should be aware of the risks associated with crypto assets and seek assistance from financial advisors if in doubt. Additionally, there may still be unforeseen risks. Investors should consider their financial situation with diligence before making any trading decisions. The opinions, news, analysis, etc., provided on this website are market commentary and do not constitute investment advice. The platform is not responsible for any profit losses incurred due to reliance on this information.

The cryptocurrency data displayed on the platform (such as real-time prices) is sourced from third parties and for reference only, no guarantees provided. Trading on the internet comes with risks, including software and hardware failures. The platform does not control the reliability of the internet and is not responsible for any losses resulting from connection failures or other related issues.