Velar raised $3 M in a new round of funding on 2024-01-31.
VELAR
VELAR
-1.14%
According to media reports, Velar raised $3 M in a new round of funding on 2024-01-31. the investors in this funding round include CMS Holdings,Cypher Capital Group,Trust Machines,MH Ventures,GBV Capital,Mapleblock,Banter Capital,Comma3 Ventures,Cogitent Ventures,Kyros Ventures and others. Following this round, Velar's total funding reached $3 M.
Velar Protocol is a Bitcoin DeFi platform designed to enable users to leverage all the liquidity locked on Bitcoin. This protocol is inspired by Uniswap v2 and is written in Clarity language on Stacks L2. Dharma mainnet also features farming and staking options for users to maximize their yield, as well as an IDO launchpad that facilitates the launch of tokens on the Stacks platform.
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VELAR Fundraising History
| Round | Amount | Valuation | Time | Investor(s) |
|---|---|---|---|---|
| -- | $3 M | -- | 2024-01-31 | CMS Holdings,Cypher Capital Group,Trust Machines,MH Ventures,GBV Capital,Mapleblock,Banter Capital,Comma3 Ventures,Cogitent Ventures,Kyros Ventures |
Key Milestones
- 2024-04$VELAR was live for trading
- 2024-02-01Velar raised $ 3.5 M in funding round
24-Hour High
$0.003726
24-Hour Volume
$83.60K
All-Time High
$0.4
All-Time Low
$0.002389
Market Cap / FDV
33.07%
FDV
$3.61M
24-Hour Low
$0.003599
Market Cap
$3.61M
Circulating Supply
330.69M VELAR
Total Supply
1.00B VELAR
Max Supply
1.00B VELAR
Market Sentiment
Positive
| 1H | 24H | 7D | 30D | 1Y |
|---|---|---|---|---|
0.08% | 0.16% | 0.8% | 6.32% | 94.89% |
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