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Velar
Velar is a DeFi liquidity protocol on Bitcoin, providing a suite of applications including a DEX for swaps, a perpetuals exchange, a launchpad, and yield farming. It aims to unlock Bitcoin's liquidity for DeFi applications by offering essential trading tools on the Bitcoin network.
Distributed
Description
Velar is a DeFi liquidity protocol with a suite of Bitcoin DeFi applications built on prominent Bitcoin L2s. The platform provides direct access to Bitcoin DeFi, connecting users with essential trading tools. Its product suite includes Velar Dharma, a decentralized exchange (DEX) for seamless swaps with minimal fees; Velar Artha, a perpetual DEX (Perpdex) for trading with leverage; a launchpad for new projects on Bitcoin; and a bridge for cross-chain asset transfers. Velar aims to make Bitcoin DeFi accessible to all, leveraging the launch of technologies like Stacks' sBTC to unlock Bitcoin's significant liquidity for financial protocols. The platform is backed by strategic partners and offers an SDK and API for developers to build and integrate with its infrastructure.Grant Funding
VC Funding
None
2024
$0
$3.5M