Vela Exchange is a decentralized platform offering advanced perpetuals trading, incentivizing community participation, and built on scalable infrastructure. It provides advantages over centralized exchanges by offering fair access to rewards, self-custody of assets, and eliminating the need for a central clearing house. Currently, it supports perpetual futures, with plans to add spot trading, OTC, and other marketplaces. VELA, the primary utility token, along with eVELA, can be staked to earn a share of platform fees as rewards, proportional to the total amount staked.
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