Velodrome V1

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

Velodrome V1 is published as a versioned release inside the Velodrome protocol family. Releases inside the same family typically share governance, brand, and large parts of the audit history, but each version can run materially different contract logic — a release labelled v2 or v3 is not just a UI refresh. Newer versions inside a family typically launch with their own audit cycle and parameter set, so do not assume the previous release's safety record carries over without checking the linked audit reports.

Fork lineage and parent-protocol relationships are tracked by DeFiLlama for security and audit-history attribution; a fork inherits the upstream design but not necessarily the upstream audits or governance.

Velodrome V1 ist eine versionierte Variante einer größeren Protokollfamilie. Öffne das übergeordnete Protokoll für den kombinierten TVL und alle Geschwister-Versionen.

Wichtige Ereignisse, die von der DeFiLlama-Community markiert wurden — Protokoll-Launches, Exploits, Governance-Änderungen und Anreizprogramme.

1. Jun 2, 2022
   Auf DeFiLlama gelistet
2. Aug 4, 2022
   Loss $350k Operational Funds
3. Jul 14, 2022
   First OP grant awarded

Velodrome V1 is a DEX — a decentralised exchange where users swap assets against on-chain liquidity pools rather than a central order book. It is deployed on Optimism. The codebase has been independently audited (1 report on file). DeFiLlama tracks 2 historical events for this protocol since 2022.

Velodrome V1 is a single-chain protocol, deployed exclusively on Optimism — this concentrates execution risk but simplifies the trust model. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts.

Verified external resources for Velodrome V1 — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

Velodrome V1 is one of 7 DEX protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Curve DEX, Uniswap V3, PancakeSwap AMM, and 3 more. These peer protocols collectively secure 8 Mrd. $ in deposits, giving you a frame of reference for whether Velodrome V1's own TVL is at the top, middle, or tail of the category.

Curve DEX

TVL 1,9 Mrd. $ · 24h +0.39%

Uniswap V3

TVL 1,8 Mrd. $ · 24h -0.67%

PancakeSwap AMM

TVL 1,7 Mrd. $ · 24h +0.14%

Raydium AMM

TVL 1,1 Mrd. $ · 24h +0.66%

Uniswap V2

TVL 872,4 Mio. $ · 24h -0.17%

Uniswap V4

TVL 670,6 Mio. $ · 24h -0.47%