Velodrome Finance β Statistical Analysis
Velodrome Finance shows moderate market traction and capital efficiency, but lacks liquidity and trust score.
1. Market Overview
Total Value Locked (TVL): $22.5M
24h Trading Volume: $5,300,000
Listed Coins: 13
Trading Pairs: 25
Velodrome Finance has a moderate size in the DeFi market, with a TVL of $22.5M and a 24h trading volume of $5.3M.
2. Capital Efficiency
Volume (24h): $10.5M
TVL: $22.5M
The turnover of Velodrome Finance is 0.47, indicating a moderate capital efficiency. This suggests that the protocol is actively trading, but may not be as efficient as other DeFi protocols.
3. Liquidity & Pair Spread
Listed Coins: 13
Trading Pairs: 25
Velodrome Finance has a relatively low number of listed coins and trading pairs, which may indicate a lack of liquidity. The concentration of liquidity is also unclear, as the data does not provide information on the distribution of liquidity across pairs.
4. Chain Dominance
TVL Deployment by Chain: Ink - $11.7M, Optimism - $8.3M, Lisk - $612.3K
Velodrome Finance has a moderate chain dominance, with the majority of its TVL deployed on the Ink and Optimism chains. The deployment on Lisk is relatively small, suggesting that the protocol may not be as focused on this chain.
5. Analyst Verdict
Based on the data, Velodrome Finance shows moderate market traction and capital efficiency, but lacks liquidity and trust score. The protocol's chain dominance is also unclear, and the concentration of liquidity is unknown. Further analysis is needed to determine the protocol's overall health and potential for growth.