Velo Protocol: Unexpectedly, the underlying puzzle of Asia's financial infrastructure is already quietly taking shape
Velo Protocol @veloprotocol is building a set of Web3+ financial infrastructure for the Asian market, connecting tokenized assets, DeFi, payment systems and cross-border foreign exchange settlements, opening a more convenient channel for real-world assets to enter the chain
What's even more surprising is that there are a string of well-known names standing behind it: Visa, Lightnet, CP Group, UOB Venture, Uni-President Group, DWF Labs...... Such a lineup not only means resource support, but also represents a strong endorsement of compliance, scalability and landing capabilities
Universe DEX trading volume surpasses $1 billion
As Velo's core product, the Universe hybrid perpetual contract DEX has successfully surpassed the cumulative trading volume of $1 billion USDV
This DEX is the first to tokenize foreign exchange perpetual contracts, and is the first to launch multiple fiat currency trading pairs such as EURUSDV, GBPUSDV, AUDUSDV, etc., bringing a new way of on-chain foreign exchange trading
It supports 24/7 trading, gas-free transactions, and has been deployed to Novachain, BSC, and Solana multi-chain ecosystems - I have to say that the speed of Universe's development is indeed a bit unexpected
$VELO Strong rebound and market sentiment picked up
With BTC rushing towards $120,000 and ETH back at $3,000, the market is picking up
$VELO Token has rebounded by more than 40% in recent weeks, mainly due to:
• Protocol fundamentals continue to improve
• Steady increase in on-chain transaction volume
• Increased focus on multiple protocol upgrades and wallet integrations
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