#CryptoNews #COOKIE @cookiedotfun
Hello everyone! It's Dark Monday, Ethereum has dropped below 4400 again. Today, I want to talk about the new king of cross-chain DeFi - Velora (@VeloraDEX). This guy was previously called ParaSwap, and now it's upgraded to Velora, focusing on an intention-driven cross-chain DEX aggregator. It sounds sophisticated, but it's actually very down-to-earth and suitable for us ordinary players! #KAITO @KaitoAI @Bantr_fun
1. What is Velora? Why is it worth paying attention to?
In simple terms, Velora is a decentralized exchange (DEX) aggregator that specializes in helping you find the cheapest, fastest, and safest trading paths across different blockchains. In the past, when we were playing DeFi, we had to manually compare prices on Uniswap, SushiSwap, and 1inch to swap tokens, and for cross-chain transactions, we had to deal with bridging ourselves, with high Gas fees that were painful, and we were often "sniped" by MEV bots. Annoying, right? Velora takes care of all these hassles for you!
Core Highlights: All you need to do is tell Velora "I want to exchange 1 ETH for the most USDC possible," and it will automatically scan the entire network of DEXs (Ethereum, Polygon, Unichain, Sonic Labs, etc.), find the best path, and even handle cross-chain transactions with one click, optimizing the Gas fees for you! Isn't this a blessing for lazy people?
From ParaSwap to Velora: Velora is the successor of ParaSwap, which DeFi veterans should be familiar with. ParaSwap is already a mature DEX aggregator, and Velora is its 2.0 version, upgrading to an Intent-based Architecture, making transactions smarter and more flexible, heralding a "new era" of cross-chain trading in DeFi.
2. Velora's "unique skill": Why can it be popular?
After reading @VeloraDEX's tweets and official website information, I have summarized a few killer features that make Velora stand out in the DeFi space:
(1) Intent-driven trading: Whatever you want, it helps you do it.
What is Velora's "intention-driven" mode? In simple terms, you set a goal (for example, "swap 1 ETH for the most USDC"), and Velora's smart agent will search the entire network for the best trading path, automatically avoiding MEV (maximal extractable value, commonly known as "miner front-running"). In the past, when we traded, MEV bots would always cut in line, messing up the prices. Velora directly uses algorithms to keep these "monsters" at bay, saving you money and worry!
(2) One-click Cross-chain Trading
One of the pain points of DeFi is the hassle of cross-chain operations. When assets are on Ethereum and you want to play on Polygon or Unichain, you have to bridge manually, which is time-consuming and labor-intensive. Velora directly supports multi-chain (Ethereum, Base, Unichain, Sonic Labs, etc.), allowing for one-click cross-chain operations, eliminating intermediate steps. Someone on X said that using Velora for cross-chain is "as easy as ordering takeout"; I tried it, and it really is smooth!
(3) Super SDK + Widget, developers love it
Velora is not only user-friendly but also attractive to developers. It provides a lightweight SDK (10KB in size) and a Widget, allowing DApp developers to easily integrate Velora's trading features into their projects. For example, you can directly swap coins using Velora on Oku Trade or Safe Apps, saving you from jumping around. This is a huge boost for the expansion of the DeFi ecosystem!
(4) The reward mechanism is very interesting.
Recently, Velora collaborated with @cookiedotfun to launch the Velora Snaps event, putting out a $350,000 pool of $VLR tokens to encourage discussions about the project and nurture a group of "Snappers" (active community members). This move is quite clever, as it attracts new users while incentivizing the community, making the players quite excited. Additionally, they have implemented automated reward distribution through oSnap (supported by the UMA protocol), which is completely trustless, fair, and transparent, winning over countless fans!
(5) Pitfall Avoidance Tool: MEV Protection
On X, @VeloraDEX specifically posted about MEV, saying it is the "invisible tax" of DeFi. MEV bots can exploit users through front-running and price manipulation. Velora's Delta v2.5 protocol can make transactions safer through "intention-driven" processes, reducing the chances of being exploited by bots. This is especially friendly for large transaction players!
3. The market potential of Velora: How far can it run?
The competition in the DeFi space is fierce, with 1inch, 0x, and Matcha all vying for territory. What gives Velora the ability to break through? Here are a few points analyzed from the perspective of Lao 9 Cai:
Solid technology and an excellent user experience: Velora's multi-chain aggregation and optimal path algorithm are indeed smoother than other DEX aggregators, providing a strong sense of experience. Community feedback also indicates that its operation is so simple that "even beginners can get started in two minutes."
Rapid ecological expansion: Velora has already integrated with platforms such as Safe Apps, Oku Trade, and Morpho, and also supports emerging popular public chains like Unichain and Sonic Labs. This "broad net" strategy allows it to cover more user scenarios and may become the "trading hub" of DeFi in the future.
Community-driven innovation: Velora's Attention Leaderboard and Snaps events have sparked considerable discussion on X, with high community engagement. This "play-to-earn" model is very appealing to Web3 players and can enhance user retention in the long run.
There are also many challenges: the competition in the DeFi space is fierce, Velora must continue to innovate and maintain technological leadership, while also focusing on community operation and brand influence. After all, user loyalty is a big challenge in Web3.
4. $VLR Token: Is it worth buying?
$VLR is the native token of Velora. The economic model has not been fully disclosed yet, but based on information on X, it will play an important role in community incentives (such as the Snaps event) and ecological governance.
Investment potential: The $VLR 350,000 USD activity pool has already attracted the attention of many players, and there may be speculative opportunities in the short term. In the long run, if Velora can continue to expand its ecosystem (such as connecting to more chains and DApps), the value of $VLR may rise along with the increase in trading volume and user growth.
Risk Reminder: The token economy has not been fully disclosed. It is recommended to pay more attention to Velora's official announcements and white papers before getting involved, to avoid being tricked by "air coins." Additionally, DeFi project tokens are highly volatile, so remember to manage risks properly!
5. How can regular players participate?
For us ordinary people, using Velora is really not complicated:
Try the official website: Visit
Participate in community activities: Follow @VeloraDEX, join the Snaps event, discuss project insights, and have a chance to win $VLR rewards.
Developer Benefits: If you can code, Velora's SDK and Widget documentation are comprehensive. Try integrating them into your own DApp; you might be able to make some side income!
6. Summary of Old 9 Dishes
Velora (@VeloraDEX) is a DeFi project that has a solid technical foundation and understands user needs. Its intent drives cross-chain trading, MEV protection, and multi-chain ecosystem integration, addressing several pain points for DeFi players, such as high currency exchange costs, cross-chain hassles, and being exploited by bots. Community activities and developer support have also made it increasingly prominent in the Web3 space.
Although the competition in the field is fierce, Velora's "down-to-earth" approach and technological innovations make me feel it has the potential to become the next dark horse in DeFi! Want to get involved? I suggest checking out the official website first, following @VeloraDEX on X for updates, participating in community activities, and experiencing this "new era of DeFi". As for $VLR, in the short term, you can focus on activity rewards, while in the long term, it depends on the project's ecological implementation.
Disclaimer: This article is for personal analysis only and does not constitute investment advice. Investment involves risks, and one should proceed with caution! DYOR!
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