O P T I M I S M 🔴✨

Photo Finish 2024 📸🚴‍♂️

Time for our annual look back at the laps behind us 👇

The Optimism Superchain, a horizontally scalable network of Ethereum L2s, has emerged as the leading choice for major Layer 2 deployments, powering chains like Mode, Worldchain, and Fraxtal, with recent launches such as Sony's Soneium and Kraken’s Ink.

The central trading and liquidity marketplace on @optimismFND

velodrome.finance 


Velodrome is the first and only Superchain DEX, built to serve as its essential liquidity marketplace and trading platform. Velodrome’s MetaDEX model balances the needs of all stakeholders, combining the most powerful DeFi primitives with an optimized economic model.

This year, Velodrome partnered with Hyperlane to launch the Superchain’s first interoperable experience, bringing cross-chain voting and rewards to ecosystem partners early.

Accelerating the velocity of growth
In 2024, Velodrome lapped all expectations, breaking records across key metrics:

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Volume tripled, growing from $7.4B to $22.6B

Voting Rewards (fees+incentives) distributed to veVELO voters totaled $31M

On L2s across the network, Velodrome has shown that where the MetaDEX is deployed, other DEX models struggle to compete.

Velodrome is now the top-volume DEX on Optimism Mainnet, Mode, and Lisk.

In the new year, look forward to new product launches, an improved and more performant real-time onchain user experience and highly anticipated open governance.

Read the full story on Medium here 👇https://medium.com/@VelodromeFi/velodrome-photo-finish-2024-512baf34c17b