Velodrome
The dominant DEX on Optimism — Solidly-style ve(3,3) tokenomics that inspired Aerodrome on Base.
Velodrome pioneered the modern ve(3,3) DEX model: emissions directed by veVELO votes, fees + bribes flow to lockers. Velodrome v2 added concentrated-liquidity Slipstream pools.
Related terms
- AerodromeThe dominant DEX on Base — fork of Velodrome with [[vote-escrow]] AERO governance.
- Concentrated liquidityAMM design where LPs allocate liquidity to a chosen price range, increasing capital efficiency vs. constant-product.
- GaugeA Curve mechanism that directs CRV emissions to a chosen pool, with weights set by veCRV votes.
- OptimismAn Ethereum optimistic rollup operated by OP Labs — stewards of the OP Stack underlying Base, Mode, and many other L2s.