Deep Dive
1. Multi-Chain Wallet Integration (July 2025)
Overview: Velo integrated Bitget Wallet into its Universe Hybrid Perp DEX, enabling users to trade across Nova, BNB Chain, and Solana.
This update leverages Solana’s speed (65,000 TPS) and low fees (<$0.001 per transaction) while maintaining self-custody via MetaMask/Phantom. Developers added cross-chain liquidity pooling, reducing slippage by ~18% for forex and commodity perpetuals.
What this means: This is bullish for VELO because it expands user access to 80M+ Bitget Wallet users, potentially increasing trading volume and protocol fees. (Source)
2. AI-Powered Settlement Layer (June 2025)
Overview: The “Velo PAYFAI” system combines Nova-Chain with AI to optimize cross-border settlements, reducing processing times from hours to seconds.
Smart contracts now auto-adjust collateral ratios using real-time forex data, improving stability for USDV. The update also introduced batched transactions, cutting gas costs by 22% for enterprise users.
What this means: This is neutral-to-bullish as it strengthens Velo’s B2B appeal in Asia’s $396B remittance market but requires adoption to materially impact token demand. (Source)
3. USDL Stablecoin Integration (May 2025)
Overview: Velo partnered with Paxos to integrate Lift Dollar (USDL) as reserve collateral for USDV.
Code changes allow USDL’s yield-generating mechanism (0.25-0.75% APY) to benefit USDV holders. The update also added multi-sig governance for treasury management, reducing centralized risk.
What this means: This is bullish long-term because yield-bearing reserves could make USDV more attractive than static stablecoins, driving VELO’s utility as collateral. (Source)
Conclusion
Velo’s recent updates solidify its position as Asia’s Web3 liquidity backbone, with infrastructure upgrades targeting payment efficiency and cross-chain scalability. While technical improvements are meaningful, their impact depends on enterprise adoption and stablecoin traction. How might Velo’s RWA tokenization plans further influence its codebase priorities?