Velodrome (VELODROME)
Velodrome is a decentralized exchange that combines the best of Curve, Convex, and Univ2 into a cohesive AMM designed to serve as Optimism’s premiere ecosystem-native liquidity layer and growth engine.
1. VELODROME Basic Info
| Symbol | VELODROME |
| Name | Velodrome |
| Web Site | https://app.velodrome.finance/ |
| Wallet | -- |
| Source | -- |
| Explorer | https://optimistic.etherscan.io/ |
| Forum | -- |
| Mining | |
| Supply | 2021450278.120447 |
| Available Supply | 903945000 |
| Market Cap | 49111331.85 |
| White Paper | -- |
| Is ICO | None |
| Raised Funds | - |
| Distribution | - |
| Algorithm | -- |
| Proof | -- |
| Total | 2021450278.120447 |
| Release Date |
2. VELODROME Technical Info
2.1 VELODROME Kline Chart Price
2.2 VELODROME Technical Analysis
The asset is currently exhibiting signs of bearish momentum. The recent price action, particularly from 2025-02-28 to 2025-03-07, indicates a downtrend. The price has consistently declined, breaking below several support levels. The volume data also suggests increasing selling pressure. The short-term outlook is negative, with a high probability of the price continuing to decline in the coming days.
The price may find temporary support around the 0.053 level, but a sustained rebound is unlikely in the immediate term. Further downside potential exists, with potential targets around 0.050 and 0.048. The possibility of a trend reversal will remain weak until there is a significant change in the price. It is recommended that traders should exercise caution and consider short positions or protective measures. This view may change with significant positive price movement and increased volume.
