Vela Exchange is a decentralized exchange with advanced perpetuals trading capabilities, community focused incentives, and scalable infrastructure. The Vela Exchange trading platform provides significant upside over centralized exchanges with fair, equitable access to platform rewards, self-custody of assets, and zero requirement for a centralized clearing house. Vela Exchange currently supports perpetual futures trading, with spot, OTC, and other marketplaces coming soon.

Vela Exchange is supported by a robust token infrastructure to facilitate community member rewards and other utility. VELA is the primary utility token of the Vela Exchange ecosystem. VELA/eVELA can be staked to earn a share of fees as rewards. The rewards share is based on the total sum of VELA and eVELA that is staked.