Velo is live on Base Sepolia
Today Velo opens to everyone on the Base Sepolia testnet. It's a complete, working perpetual futures exchange — oracle-priced, fully on-chain, with a social layer built into the same room as the order ticket. No waitlist, no real funds required: connect a wallet, claim test USDC, and place a trade that settles to a transaction anyone can verify.
Velo was built by a trader, for traders. Every column in the positions table, every risk threshold, every confirmation modal exists because someone who has been liquidated decided it should. This release is the first public step toward mainnet.
What you can do today
- Trade 17 perpetual markets — BTC, ETH, SOL and more, with up to 25× leverage, all priced against the live Pyth oracle.
- Use real order types — market, limit, stop, take-profit and stop-loss, executed on-chain by automated keepers running every minute.
- Onboard with one signature — a single message derives your Velo Trading Wallet; gas is sponsored and 1,000 mUSDC arrives from the faucet, with no popups after setup.
- Prove every trade — each closed position resolves to a BaseScan transaction, and the leaderboard ranks traders by realised PnL computed from on-chain history.
Priced by one oracle, everywhere
Velo reads Pyth, and only Pyth, across the whole interface — the live mark, the chart candles, and the price your trade actually fills at all come from the same feed. The only variance you'll ever see between your entry and the mark is normal tick timing, exactly as on any exchange.
A social layer, on-chain
Post analysis with $TICKER cashtags, embed closed trades that carry a verifiable transaction hash, and follow the traders whose calls hold up. Usernames live on-chain in VeloRegistry — your handle is a real registration, not a database row.
What's next
This is testnet, and it's deliberately complete so the mainnet build rests on something proven. Ahead: a security audit, real USDC, an insurance fund, a funding-rate engine, and on-chain copy-trading vaults. Read the full plan in the documentation.
Come break it, share your trades, and tell us what's missing.