Protocol Information
DeFi Liquidity Protocol on Bitcoin
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubHacks
Date: Feb 19, 2026
Amount: $401,000
Classification: Oracle Manipulation
Technique: Predictable Oracle Update
Chains: Mezo
Language: Solidity
Target Type: DeFi Protocol
Competitors
Velar Perps history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Oct 11, 2025 to Oct 27, 2026.
All-time high TVL: $1.44m on Oct 14, 2025. All-time low TVL: $7,481 on Mar 1, 2026.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $14,498 |
| Sep 29, 2026 | $14,358 |
| Sep 30, 2026 | $14,392 |
| Oct 1, 2026 | $14,516 |
| Oct 2, 2026 | $14,574 |
| Oct 3, 2026 | $14,557 |
| Oct 4, 2026 | $14,589 |
| Oct 5, 2026 | $14,709 |
| Oct 6, 2026 | $14,636 |
| Oct 7, 2026 | $14,618 |
| Oct 8, 2026 | $14,480 |
| Oct 9, 2026 | $14,458 |
| Oct 10, 2026 | $14,465 |
| Oct 11, 2026 | $14,498 |
| Oct 12, 2026 | $14,527 |
| Oct 13, 2026 | $14,430 |
| Oct 14, 2026 | $14,610 |
| Oct 15, 2026 | $14,400 |
| Oct 16, 2026 | $14,484 |
| Oct 17, 2026 | $14,392 |
| Oct 18, 2026 | $14,368 |
| Oct 19, 2026 | $14,387 |
| Oct 20, 2026 | $14,360 |
| Oct 21, 2026 | $14,425 |
| Oct 22, 2026 | $14,416 |
| Oct 23, 2026 | $14,285 |
| Oct 24, 2026 | $14,220 |
| Oct 25, 2026 | $14,207 |
| Oct 26, 2026 | $14,136 |
| Oct 27, 2026 | $14,149 |
TVL at each month end, Oct 2025 to Oct 2026
| Date | TVL |
|---|---|
| Oct 31, 2025 | $1.36m |
| Nov 30, 2025 | $1.21m |
| Dec 31, 2025 | $1.13m |
| Jan 31, 2026 | $509,305 |
| Feb 28, 2026 | $13,129 |
| Mar 31, 2026 | $13,210 |
| Apr 30, 2026 | $13,781 |
| May 31, 2026 | $13,643 |
| Jun 30, 2026 | $12,566 |
| Jul 31, 2026 | $12,788 |
| Aug 31, 2026 | $13,976 |
| Sep 30, 2026 | $14,392 |
| Oct 27, 2026 (latest) | $14,149 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/velar-perps
Frequently asked questions
What is Velar Perps' TVL?
As of Oct 27, 2026, Velar Perps has $14,161 in total value locked. TVL has decreased 2.4% over the past 30 days.
What chains does Velar Perps operate on?
Velar Perps operates on 3 chains: Stacks, BOB, and Mezo. Stacks holds the largest share at 87.9%.
How does Velar Perps' TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Velar Perps ranks #152 by TVL. The category holds $1.971b across 426 protocols, and Velar Perps accounts for <0.1% of that total. Similar protocols include LogX V2, Jupiter Perpetual Exchange, GMX EVM, Hyperliquid HLP, Lighter Robinhood Perps, Extended Perps, Lighter LLP, dYdX V4, Arcus Perps, and AZverse Perps.
Has Velar Perps ever been exploited?
Velar Perps has 1 recorded security incident. The most recent incident occurred on Feb 19, 2026 and involved $401,000. It was classified as Oracle Manipulation.