Velas

Velas

AI-powered blockchain combining Solana speed with EVM compatibility for high-performance Web3 apps

Launch Year
2019
Consensus
AI-operated DPoS
Max Supply
Uncapped (~7.2B initial supply)
Block Time
~0.4 seconds
VLX
VLX
Velas
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
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Velas Price Chart

VLX / USD
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About Velas

Velas is a high-performance blockchain that combines EVM compatibility with Solana's Sealevel parallel transaction processing engine. The network processes 75,000+ TPS with 0.4-second block times while supporting Ethereum smart contracts natively through an EVM layer. Velas's unique characteristic is AI-operated consensus — machine learning algorithms optimize validator selection and network parameters in real-time. The EVM layer allows Ethereum dApps to deploy on Velas with minimal changes, gaining dramatically better performance at lower cost. VLX tokens are used for staking, governance, and transaction fees. The network targets gaming, DeFi, and NFT applications requiring high throughput.

History

2019
Velas founded; AI-operated blockchain concept introduced; VLX genesis block.
2020
Velas mainnet launches with native blockchain and initial DApp ecosystem.
2021
Velas EVM launches; Ethereum dApp compatibility achieved; gaming focus announced.
2022
Bittrex Global acquisition of Velas; ecosystem expansion with gaming and NFT projects.
2023
Velas community governance transition; developer grants program expands ecosystem.

How to Swap VLX

Exchanging Velas (VLX) on SyntheticSwap requires no account creation or identity documents. Open SyntheticSwap, choose VLX as your source or target coin, provide your destination wallet address, and review the floating rate displayed. After sending VLX from your personal wallet to the deposit address, the swap processes automatically and your chosen asset is delivered directly to your wallet. SyntheticSwap never holds your funds at any point during the process.

How to Store VLX

Store VLX in MetaMask (configured for Velas EVM), the Velas Wallet app, or Ledger hardware wallet with Velas support.

Frequently Asked Questions