Vela Token Price

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Vela Token
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Vela Token (VELA) price has declined today.

The price of Vela Token (VELA) is $1.49 today with a 24-hour trading volume of $523,436.66. This represents a -2.50% price decline in the last 24 hours and a -5.30% price decline in the past 7 days. With a circulating supply of 12 Million VELA, Vela Token is valued at a market cap of $17,345,013.

Vela Exchange is a permissionless, self-custody driven perpetual exchange built with innovative blockchain architecture to ensure fast transactions, secure trading, and extensibility into additional synthetic options and derivatives. The rewards structure of Vela Exchange is carefully balanced to manage token & rewards supply while maintaining high incentives for liquidity provisioning and trading. While perpetual trading is the first product of Vela Exchange, the long term vision of Vela Exchange is to provide traders with a home base complete with everything they need to trade crypto assets and leveraged products. This vision is always in motion at Vela Exchange and is an essential part of the Vela team’s ethos as we continue building in the cryptocurrency ecosystem.

Where can you buy Vela Token?

VELA tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Vela Token is Bitget, where the most active trading pair VELA/USDT has a trading volume of $175,100.88 in the last 24 hours. Other popular options include MEXC and OKX.

What is the daily trading volume of Vela Token (VELA)?

The trading volume of Vela Token (VELA) is $523,781.55 in the last 24 hours, representing a 21.00% increase from one day ago and signalling a recent rise in market activity.

What is the all-time high for Vela Token (VELA)?

The highest price paid for Vela Token (VELA) is $7.67, which was recorded on Feb 20, 2023 (5 months). Comparatively, the current price is -80.50% lower than the all-time high price.

What is the all-time low for Vela Token (VELA)?

The lowest price paid for Vela Token (VELA) is $1.28, which was recorded on Jul 10, 2023 (12 days). Comparatively, the current price is 16.60% higher than the all-time low price.

What is the market cap of Vela Token (VELA)?

Market capitalization of Vela Token (VELA) is $17,342,126 and is ranked #723 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of VELA tokens (12 Million tokens are tradable on the market today).

What is the fully diluted valuation of Vela Token (VELA)?

The fully diluted valuation (FDV) of Vela Token (VELA) is $74,554,747. This is a statistical representation of the maximum market cap, assuming the maximum number of 50 Million VELA tokens are in circulation today. Depending on how the emission schedule of VELA tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Vela Token compare against its peers?

With a price decline of -5.30% in the last 7 days, Vela Token (VELA) is underperforming the global cryptocurrency market which is down -0.70%, while underperforming when compared to similar Arbitrum Ecosystem cryptocurrencies which are up 1.70%.

What is the market sentiment of Vela Token today?

The community is bullish as more than 83% of users are feeling good about Vela Token (VELA) today.

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