StablyticsThe Stablecoin Market Map
Directory
Velodrome logo

Velodrome

ve(3,3) liquidity layer DEX on Optimism / Superchain

Visit site

About

Velodrome is the leading ve(3,3) automated market maker and liquidity hub on Optimism and the broader Superchain. It uses vote-escrowed VELO (veVELO) to direct emissions toward pools, making it the central venue for incentivizing stablecoin and bluechip liquidity on OP-stack chains. Its sister deployment on Base is Aerodrome.

The dominant DEX and emissions market on Optimism; sister protocol to Aerodrome on Base.

Stablecoins

USDCUSDTDAIsUSD

Key products

ve(3,3) AMMBribes/voting incentivesStable and volatile poolsSuperchain deployments

Chains

OptimismSuperchain
Founded
2022
Stage
Token (VELO)

Related companies

0x (Matcha) logo

0x (Matcha)

DEX liquidity aggregation API and Matcha trading app

0x is DeFi liquidity infrastructure providing swap and trade APIs (Swap API, Gasless API) that aggregate on-chain liquidity for wallets, apps and exchanges, including stablecoin routing. Matcha is its consumer-facing DEX aggregator app. 0x powers swap features across many major wallets and platforms.

DeFi: Lending & YieldIssuance & Orchestration
1inch logo

1inch

DEX aggregator and DeFi platform

1inch is a leading DEX aggregator that sources liquidity across hundreds of decentralized exchanges to deliver optimal swap pricing, including for stablecoin pairs. It operates the 1inch Aggregation Protocol, Fusion (intent-based, gasless swaps), a Limit Order Protocol, and a self-custody wallet.

DeFi: Lending & Yield
Aave logo

Aave

Largest DeFi lending protocol

Aave is the largest decentralized money market, where users supply and borrow assets across multiple chains. Stablecoins (USDC, USDT, USDS, DAI) dominate its borrow markets, and Aave also issues its own overcollateralized stablecoin GHO. Aave V3 holds roughly $19B+ TVL as of 2026, making it the deepest source of onchain stablecoin liquidity. Its V4 architecture and Horizon RWA markets extend lending to institutional and tokenized assets.

DeFi: Lending & YieldDecentralized StablecoinsYield-Bearing Dollars
Abracadabra (MIM) logo

Abracadabra (MIM)

Magic Internet Money stablecoin backed by interest-bearing assets

Abracadabra.money is a lending protocol that issues MIM (Magic Internet Money), a decentralized overcollateralized stablecoin minted against interest-bearing and yield-bearing collateral via isolated CDP cauldrons. SPELL is the governance token.

Decentralized StablecoinsDeFi: Lending & Yield
Acala (aUSD) logo

Acala (aUSD)

Polkadot-native overcollateralized stablecoin aUSD

Acala is the DeFi hub of Polkadot and issues aUSD, a decentralized overcollateralized stablecoin backed by crypto collateral via a CDP system. aUSD suffered a misconfiguration exploit in 2022 that was largely remediated.

Decentralized StablecoinsDeFi: Lending & Yield
Across Protocol logo

Across Protocol

Intent-based optimistic cross-chain bridge

Across is an intents-based bridge where users deposit on the origin chain and relayers fill on the destination in seconds, settling via UMA's optimistic oracle. It co-authored the ERC-7683 cross-chain intents standard and offers fast, low-cost stablecoin bridging across major L2s.

Bridges & InteropDeFi: Lending & Yield