Ask about Velar Protocol
Logo of Velar ProtocolVelar Protocol(VELAR)
Total Value Locked$394,215

TVL by Chain

Stacks$392,526

BOB$1,116

Mezo$573

Key Metrics

Fees 30d$90.44
Fees 30d by chain

Stacks$90.44

Fees 7d$8.98

Stacks$8.98

Fees 24h$0.66

Stacks$0.66

Cumulative Fees$9,709.24

Stacks$9,709.24

DEX Volume 30d$39,409
DEX Volume 30d by chain

Stacks$39,409

DEX Volume 7d$4,035

Stacks$4,035

DEX Volume 24h$291

Stacks$291

Cumulative DEX Volume$7.66m

Stacks$7.66m

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 $394,215 in total value locked. TVL has decreased 92.9% 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 99.6%.

How much has Velar Protocol generated in fees?

Over the past 30 days, Velar Protocol generated $90.44 in fees. Based on the trailing year, the annualized rate is $3,513.67 in fees.

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 $39,409 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.