What Velvet governs
Velvet is a DeFi protocol governance token, currently ranked 138th by market capitalization among the assets we track. Velvet sits at the center of a decentralized-finance application. The token coordinates governance, sometimes routes protocol revenue to holders, and ties its value to how much the underlying protocol is actually used.
Velvet (VELVET) is a decentralized finance (DeFi) platform that aims to facilitate secure and efficient yield farming and liquidity provision. It combines various DeFi tools to enhance user experience and optimize returns.
How value is supposed to accrue
The economic question is whether Velvet captures the value its protocol creates. Total value locked and fee revenue are the inputs; the token's design decides how much of that reaches holders.
Background & fundamentals
In sector terms it is most often filed under Binance Coin (BNB) Token (BEP-20) and DeFi.
Where Velvet sits in the market
At $1.62, Velvet carries a market capitalization of $145.12M. Around $39.70M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 27.35% of the float — unusually high, the kind of churn that accompanies major news or speculative spikes.
Almost the entire VELVET supply is already in circulation (~100.0% of the 1B cap), so future dilution is effectively off the table. VELVET trades about -22% below its all-time high of $2.07, within reach of prior peaks. Measured from its all-time low of $0.0570, VELVET is up +2,742%.
What the price history shows
The tape currently reads 24-hour -0.39%, 7-day +233.55%.
Volatility profile
Recent action puts Velvet in the Extreme-volatility band — it is in a high-volatility regime — these are the conditions where outsized gains and losses both become more likely.
How to evaluate a DeFi token like Velvet
The honest checklist for VELVET is short:
- Protocol revenue — fees the application actually earns, and whether any of it reaches VELVET holders.
- Total value locked — how much capital trusts the protocol — and how sticky it is versus mercenary yield.
- Token utility — whether VELVET is load-bearing (governance over real value, fee rights) or decorative.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
