{"id":83707,"date":"2023-08-29T13:04:57","date_gmt":"2023-08-29T10:04:57","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=83707"},"modified":"2025-09-12T12:51:27","modified_gmt":"2025-09-12T09:51:27","slug":"dex-velodrome-launches-fork-on-base-l2-network","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/dex-velodrome-launches-fork-on-base-l2-network\/","title":{"rendered":"DEX Velodrome launches fork on Base L2 network"},"content":{"rendered":"

The Velodrome Finance decentralized exchange, the largest by value of locked funds in the Optimism<\/a> ecosystem (OP Mainnet), has launched a platform built on the second-layer<\/a> Base solution.<\/p>\n

\"DEX
Data: X<\/a>.<\/figcaption><\/figure>\n

According to the team, the platform, named Aerodrome, intends to capture a significant share of liquidity and value on Base, mirroring Optimism, through its own incentive system.<\/p>\n

According to DeFi Llama, in the latest protocol TVL<\/span> of Velodrome stands at<\/a> about $192.7 million. The Aerodrome figure on Base has already approached<\/a> $900,000.<\/p>\n

The platform plans to conduct an Aero token airdrop. Eligible for distribution will be users who lock Velodrome (VELO) in exchange for the governance token veVELO.\u00a0\u00a0\u00a0\u00a0<\/p>\n

\n

\u201cVelodrome’s dominance on the OP Mainnet is driven by liquidity levels characteristic of the ecosystem that have outpaced many multi-chain exchanges, and we aim to do the same with Aerodrome on Base,\u201d said The Block co-founder Alexander Katler.<\/p>\n<\/blockquote>\n

The new platform operates as AMM<\/span><\/a> and positions itself as a liquidity hub in the protocol.<\/p>\n

Back in August 2022, Velodrome lost $350,000 in a theft in which the exchange blamed a former team member.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Velodrome Finance decentralized exchange, the largest by value of locked funds in the {{AOPEN_1}}Optimism{{ACLOSE_1}} ecosystem (OP Mainnet), has launched a platform built on the {{AOPEN_2}}second-layer{{ACLOSE_2}} Base solution.<\/p>\n","protected":false},"author":1,"featured_media":83708,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1321,787,1179],"class_list":["post-83707","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-base","tag-dex","tag-layer-2-solutions"],"aioseo_notices":[],"amp_enabled":true,"views":"56","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/83707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=83707"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/83707\/revisions"}],"predecessor-version":[{"id":83709,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/83707\/revisions\/83709"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/83708"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=83707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=83707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=83707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}