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Velodrome Finance

VELO Decentralized Exchange (DEX) Token AMM Optimism Ecosystem
$0.0167
-1.05% (24h)

Market Stats

Price
$0.0167
-1.05% (24h)
Market Cap
$15.3M
Volume (24h)
$1.41M
Supply
915.20M VELO
FDV
$43.00M

Shariah Analysis

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Last Screening: Q1 2024

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Risk Categories
Shariah status

Shariah

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In-Depth Analysis
Project Token Reward System Legitimacy
Project/Products Use Case Status

Technical Analysis

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Trading Signals
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Community Sentiment

Community Discussion (2)

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Atajan
7 months ago

VELO is halal or Haram ? 

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nu ra
1 year ago

salam, $velodromefi can still be halal even though $velo isn’t ?

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Adnin Ar-Rujail nu ra
1 year ago

Velo has not yet undergone a rescreening process, and its status may change following this review. This is due to a recent Shariah decision by the Shariah Committee in its latest meeting, where it was determined that Shariah rulings on crypto lending require a detailed, case-by-case Shariah assessment and cannot be automatically classified as non-compliant.

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Latest News

CoinPedia News 268d ago
Avoid These Domains! Aerodrome Finance Warns Users After Front-End Breach
Read more

About Velodrome Finance

Velodrome Finance is an innovative automated market maker (AMM) that integrates the advantages of Curve, Convex, and Uniswap to act as a liquidity hub for the Superchain. Its unique model incorporates NFTs that allow holders to vote on token emissions while also earning incentives and fees from the protocol. Velodrome has been audited by Spearbit, ensuring its reliability and security within the decentralized finance landscape.

Consensus Mechanism

ERC20

Official Links

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