Velo Protocol & Exolix AMA Session

The AMA will explore Velo Protocol’s mission to supercharge financial inclusivity through blockchain, focusing on its DeFi solutions like digital credit issuance and borderless asset transfers. Expect insights into how its collaboration with Exolix, a cross-chain swap platform, enhances liquidity and interoperability for users. Attendees can join the live Q&A on X Spaces (https://t.co/SFblDdNLFd), and Exolix is offering 20 $USDT to each of the 3 best questions submitted in the comments of their post (@exolix_com, May 13, 2025).

Recent News

Velo has been making waves recently. In November 2024, they integrated Exolix’s API to enable seamless cross-chain swaps on Nova Chain, an EVM-compatible blockchain powering Velo’s ecosystem (velo.org). This move aims to bridge traditional finance and DeFi, a core pillar of Velo’s vision. However, their token price has struggled, dropping from early highs to $0.01 with a $100M market cap as of May 2025 (ccn.com, Feb 2025).

Future Plans

Velo’s roadmap includes expanding its Universe Hybrid Perp DEX, which supports perpetual trading with Solana wallets and stablecoin deposits (velo.org). They’re also enhancing Orbit, a mobile app for P2P payments using QR codes, aiming for broader adoption in Southeast Asia by Q4 2025.

Onchain Data

Onchain metrics for VELO are limited publicly, but Nova Chain’s transaction volume has seen a modest uptick, with daily transactions averaging 5,000 in April 2025 (Dune Analytics). Staking activity remains low, reflecting cautious investor sentiment.

Community Sentiment

X reactions are mixed. Fans like @JulianaX627487 are hyped for the AMA, but others, like @I20Holder, criticize Velo’s lack of a clear roadmap and engagement, calling it an “empty project.” The community is vocal about wanting more transparency from a project backed by a major Thai family.

Why It Matters

This AMA could be a turning point for Velo to address concerns, rebuild trust, and showcase its DeFi potential. With DeFi’s TVL growing 15% in 2025 (Glassnode), Velo’s tech could shine if they deliver on promises.

Risk Disclaimer: Crypto AMAs can spark volatility; always DYOR before investing.