Vela Exchange protocol
Overview
Vela Exchange is a decentralized perpetual exchange (perp DEX) built on Arbitrum. It allows leveraged trading of cryptocurrencies with low fees and uses Chainlink oracles for price feeds. The protocol is governed by its native token VELA, which also enables fee sharing and staking.
Within the DeFi Intel graph, Vela Exchange connects to 3 tracked entities, most strongly to Arbitrum, Base, VELA.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 3 of 3 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Arbitrum | 95% |
deployed_on | Base | 95% |
supports_token | VELA | 95% |
Frequently asked questions
What is Vela Exchange?
Vela Exchange is a decentralized perpetual exchange (perp DEX) built on Arbitrum that allows leveraged trading of cryptocurrencies with low fees and uses Chainlink oracles for price feeds.
What chain does Vela Exchange run on?
Vela Exchange is deployed on Arbitrum and also on Base.
What is the VELA token used for?
The VELA token governs the protocol and enables fee sharing and staking.