$VELAR gains over 11% following Collaboration with Bitlayer

$VELAR, the native utility token of Velar, a DeFi liquidity protocol on Bitcoin, is up over 11% in the past 24hours, & now trades around $0.16235, with inflow of $94.29k, as per Gate.io chart.

This comes with the big News that Velar is launching the world's first Bitcoin PerpDex on Bitlayer. The support of Bitlayer for Velar's Artha deployment will unlock new asset trading opportunities, bringing exceptional DeFi tools to the Bitcoin space, while ensuring transaction security & decentralization.