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Velar
Velar is a DeFi liquidity protocol built on Bitcoin, offering a suite of applications including token swaps, yield farming, perpetual futures trading, a cross-chain bridge, and a token launchpad. It serves crypto traders, liquidity providers, and project founders looking to access Bitcoin DeFi through Bitcoin Layer 2 networks.
Distributed
Description
Velar is a DeFi liquidity protocol offering a suite of Bitcoin DeFi applications built on prominent Bitcoin Layer 2 networks. Its products include Velar Artha (a perpetual futures exchange with leverage secured by Bitcoin), Velar Dharma Dex (a token swap and liquidity provision exchange), Velar Launchpad (a platform for launching new projects on Bitcoin), and Velar Bridge (a cross-chain asset transfer tool). The protocol positions itself as a direct access point to Bitcoin DeFi, aiming to unlock Bitcoin liquidity for productive financial applications following the launch of sBTC by Stacks. Velar serves crypto traders, liquidity providers, and project teams seeking to build or transact within the Bitcoin DeFi ecosystem, and is backed by strategic partners such as BTC Startup Lab, CMS Holdings, Blackedge, Samara, GBV Capital, Trust Machines, Cypher Capital, Mapleblock Capital, G20 Group, and Kyros Ventures.Grant Funding
VC Funding
None
2024
$0
$3.5M