Velodrome Finance
AuditedVerifiedMerging into AeroVelodrome is the original production ve(3,3) DEX and the liquidity base layer of the Optimism Superchain, pairing a Solidly-style AMM (v2) with a concentrated-liquidity engine (Slipstream) and weekly veVELO emission voting across eleven OP-Stack chains.
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The Problem
New L2 ecosystems cannot bootstrap deep liquidity with a generic AMM: LPs are mercenary, and protocols that need a market have no transparent way to buy one.
The Solution
Velodrome auctions its VELO emissions to veVELO voters each week across 846 gauges, and returns 100% of the resulting trading fees and bribes to those same voters — turning liquidity into a priced, publicly-cleared market rather than a subsidy the DEX pays out of its own pocket.
Why it Matters
The original production ve(3,3) DEX and the reference implementation dozens of forks (including Aerodrome) descend from. Uniquely deployed as one voting DAO across eleven OP-Stack chains with native SuperSwaps cross-chain routing and fully immutable, non-proxy core contracts.
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View allFrequently asked questions about Velodrome Finance
What is Velodrome Finance?+
Velodrome Finance is a DEX protocol operating on Optimism, Mode, Lisk, Fraxtal, Celo, Ink, Soneium, Superseed, Swellchain, Unichain, BOB. Velodrome is the original production ve(3,3) DEX and the liquidity base layer of the Optimism Superchain, pairing a Solidly-style AMM (v2) with a concentrated-liquidity engine (Slipstream) and weekly veVELO emission voting across eleven OP-Stack chains.
How does Velodrome Finance work?+
Velodrome auctions its VELO emissions to veVELO voters each week across 846 gauges, and returns 100% of the resulting trading fees and bribes to those same voters — turning liquidity into a priced, publicly-cleared market rather than a subsidy the DEX pays out of its own pocket.
Is Velodrome Finance safe?+
DeFi Sentinel rates Velodrome Finance AA with a safety score of 86/100, indicating very low risk. The score reflects five risk dimensions: smart contract & technical risk, economic design & market risk, governance & centralization, sustainability & competitive position, and reputation & social trust. Velodrome Finance has 6 audits on record. DeFi Sentinel's analysis flagged 1 high, 3 medium, 1 low risk alerts across Economic Design & Market Risk, Sustainability & Competitive Position and Governance & Centralization. As with all DeFi protocols, residual risk remains and users should review the full risk breakdown before depositing.
What is the safety score of Velodrome Finance?+
Velodrome Finance has a DeFi Sentinel safety score of 86/100 (rating AA), last updated September 16, 2026. The score is computed across smart contract & technical risk (30%), economic design & market risk (25%), governance & centralization (20%), sustainability & competitive position (15%), and reputation & social trust (10%).
Which chains does Velodrome Finance support?+
Velodrome Finance is deployed on Optimism, Mode, Lisk, Fraxtal, Celo, Ink, Soneium, Superseed, Swellchain, Unichain, BOB.
Has Velodrome Finance been audited?+
Yes. Velodrome Finance has 6 audit reports on record from firms including Code4rena, Spearbit, Spearbit. Audit reports and dates are linked under the Resources tab on this page.