Vela Exchange
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Written By: Ian Lee
Edited By: Charmyn Ho
At a Glance
In this series, we take a look at the latest news, developments and innovations within the ever-changing decentralized finance (DeFi) space. We will dive deep into the nitty gritty details to better understand how protocols within the DeFi space work, the problems plaguing the ecosystem, as well as how builders intend to overcome them.
Vela Exchange is a decentralized, fully on-chain order book exchange that is launching on Arbitrum. The exchange will support both spot and perpetual trading, as well as a decentralized peer-to-peer (P2P) over-the-counter (OTC) trading platform for both private and public trading.