Velo ranks #309 by market capitalization, at $89.31M. It belongs to the DeFi sector (Decentralized Payments). It has traded since Sep 17, 2020, across 22 markets on 19 exchanges, with $4.83M of volume in the last 24 hours. Its all-time high of $1.98 was reached on Mar 24, 2021; the current price is 99.8% below that peak. Its cycle low of $0.00101579 came on Dec 17, 2022.
17.56B VELO are in circulation. On BNB Chain, 115,242 addresses hold VELO. It is available on 2 networks.
About Velo
Velo is a blockchain-based financial protocol aimed at promoting borderless asset transfers and digital credit issuance. It is built on the Stellar Network and is designed to serve business partners and companies in the remittance and money transfer markets across the Asia-Pacific region. VELO is the protocol's native token, serving as the digital asset used for collateral in Velo's Federated Credit Exchange Network.