Let's get to know the number one coin on Binance, the most searched coin in 6 hours.
Velodrome Finance (VELO) is a DeFi project focused on providing liquidity and trading on a decentralized exchange (DEX) platform. Here are some important details about the Velodrome coin on Binance:
1. Price and Market Cap:
- The current price of VELO is around $0.0894461.
- The market cap of VELO is around $69.72 million USD1.
2. Price Performance:
- The all-time high for VELO is $0.3762, which was reached on March 28, 20242.
- The current price is around 59.77% lower than the all-time high2.
3. Binance Listing:
- Velodrome Finance (VELO) saw its price surge over 200% after it was announced that it would be listing on Binance3.
- Binance also launched VANA as its 62nd Launchpool project, further fueling excitement in the market3.
4. Other Statistics:
- VELO’s 24-hour trading volume is around $8.77 million USD2.
- The total value locked (TVL) on the Velodrome platform is another important indicator that shows how much capital is held in the form of collateral or liquidity2.