Our recent announcement on our multi-chain expansion to Base Chain brings with it a multitude of Base Launch features, core infrastructure updates, and new milestones. Launching on Base is a big moment for us, but we want to make sure the community understands that our contributors look to the Base…
Aug 3
Vela Exchange Monthly Update — July 2023 (+August Sneak Peeks)
July was a huge month for us, and we have an immense amount of things to cover. This update is a bit more lengthy than previous updates and provides crucial information on: July’s highlights This week’s v1.0.6 release and August plans Major announcements on incentives and remaining beta items Our…
4 min read
Jul 27
Vela Exchange Roadmap
The official launch is complete. The Vela Exchange platform has successfully showcased the stability and security of its underlying infrastructure and other critical parts of the foundation. Thousands of orders created by thousands of traders have battle-tested trading, staking, referrals, and multitudes of other core functionality.
Cryptocurrency
7 min read
Jul 6
Vela Exchange Monthly Update — June 2023
Final Preparations and Testing June was a pivotal month of tireless dedication, marked by a symphony of final preparations. Every tick of the clock was filled with rigorous testing and meticulous refinement of our platform. We left no stone unturned in our mission to guarantee that the Vela Exchange would stand as a beacon…
5 min read
Jun 22
Early Access FAQ: Hyper VLP 2.0 and Trading
Early Access for Vela Exchange’s Official Launch is coming in days, and we want to make sure liquidity providers, traders, and other users are equipped with all details necessary to make their plays. Hyper VLP Early Access: Opens on June 23rd, 2023 at 2:00 PM CST. Access for Hyper VLP…
2 min read
Jun 21
Vela Exchange Official Launch Schedule
With launch right around the corner, we are excited to announce the exact dates of upcoming early access and launch events. A quick overview: June 21st — Gitbook and Github released June 21st — Early Access participants announced [via email] June 23rd — Hyper VLP 2.0 Early Access June 26th — Trading Early…
3 min read
Jun 2
Vela Exchange Monthly Update — May 2023
May was an intense month of activity focused on finalizing internal platform development and testing. In addition, we released critical information related to our official launch, including feature sets, trading mechanics, incentive structures, and more. As we prepare for our official launch, we are delighted to share the progress and…
Cryptocurrency
3 min read
May 25
Vela Exchange Official Launch Trading Mechanics Enhancements
The beta test for Vela Exchange exemplified strong features and general user experience, but also pressure tested mechanics around trading. With the official launch, our team has hardened and improved key areas across the application, with specific focuses on improving transparency, security, and performance for traders. Trading features Official launch includes some…
6 min read
May 17
Introducing Vela Exchange’s Hyper VLP 2.0
The Hyper VLP program during the Vela Exchange Beta was a great success, incentivizing early liquidity providers with strong rewards and kickstarting the economics behind leveraged trading. However, Hyper VLP paused after the closing of our Beta, allowing us to enhance the infrastructure of the program and open the doors…
Crypto
3 min read
May 2
Vela Exchange Monthly Update — April 2023
April has been an action-packed month for the Vela Exchange team, filled with significant milestones and exciting developments as we prepare for our official launch. In this in-depth update, we will take you through the key events and achievements of the past month. Navigating the End of Beta and Building Resilience April marked the final month of our…
Crypto
3 min read
Apr 16
Vela Update: Closing Beta and Looking Forward
Many of you may already be aware that we recently closed our beta phase earlier than anticipated. We understand that this decision might have raised some questions, and we believe keeping our community informed is essential. In this article, we aim to provide as much context as possible regarding the…
4 min read
Apr 1
Vela Exchange Monthly Update — March 2023
As we wrap up March, it’s clear that this month has been nothing short of spectacular for Vela Exchange. From launching groundbreaking features to getting listed on top exchanges, we have been working tirelessly to make Vela the ultimate platform for all your trading needs. Here’s a closer look at…
4 min read
Mar 31
Beta ending soon. What’s next? The Official Launch Is Coming (Timeframe Revealed)
Beta has been an amazing success for Vela Exchange, and we are excited to move things forward toward our Official Launch. In the next few weeks, we will begin wrapping up the Vela Beta and start our journey toward the Official Mainnet Launch of the Vela perpetual trading platform. But…
Crypto
3 min read
Mar 9
Vela Beta Phase 3 Is Here
With Phase 2 of the Vela Exchange Beta complete, it’s time to look forward and get a preview of the future. Phase 3 includes some of the most exciting milestones in our Beta Roadmap, including but not limited to: Beta NFT Claim Flash Trading Competition #2 Grand Trading Competition Beta…
Cryptocurrency
2 min read
Mar 2
Introducing Multichain Deposits: A Game-Changing Feature on Vela Exchange
Vela Exchange has been committed to delivering a better, more user-friendly crypto trading experience. And now, we are excited to introduce our latest innovation: Multichain Deposits, powered by Axelar and Squid. With Multichain Deposits, you can easily bring any asset from any chain to Vela Exchange. This powerful integration allows…
Crypto
2 min read
Mar 1
Vela Exchange Monthly Update — February 2023
February may be the shortest month of the year, but it was also one of the busiest and most important months at Vela Exchange. Over the course of just 28 days, we achieved some major milestones and welcomed tens of thousands of users to our platform during open beta. As…
Trading
5 min read
Feb 23
Revealing The Open Beta Roadmap — Join us on the Epic Journey
Get ready for an epic ride! The Vela Exchange team is thrilled to present the roadmap of our beta phase, which showcases the most significant developments and events on the horizon. Vela’s beta has been an incredible experience that allowed us to connect deeply with our community, improve our platform…
Perpetual
4 min read
Feb 2
Vela Exchange Monthly Update — January 2023
January was a month of major achievements for the Vela team and platform. From launching our public beta to opening the DXP to VELA bridge, we have been pushing forward with all of our hard work to bring the Vela ecosystem to the next level. We want to express our…
Cryotocurrency
5 min read
Jan 30
Vela Tokenomics: The New Wave
The initial Vela Exchange token supply and allocations were crafted to be similar to the DXP tokenomics for simplicity, but after an internal review and conversations with advisors, partners, and especially community members, we have decided to enhance our tokenomics by cutting maximum supply by 50%. Although our beta prep…
Cryptocurrency
2 min read
Jan 10
