July Recap: Building The DeFAI Era
$VELVET TGE, top CEX listings, and the best ROI of any Binance Alpha IDO. Announced our $3.7M funding, launched Gems, formed key partnerships, and shipped major AI, staking, and UX upgrades.
July was a breakout month for Velvet - the moment we finally launched our long-anticipated $VELVET token.
With our $VELVET TGE, many CEX listings, new reward systems, and ecosystem partnerships all going live, July was one of the biggest months in Velvet’s history and here’s a breakdown of the biggest moments:
$VELVET TGE: The Best Performing Binance Alpha IDO To Date
On July 10th, $VELVET officially launched — and the results speak for themselves.
✅ Velvet is the best ROI of any Binance Alpha Launchpool / IDO
✅ Listed on dozens of Exchanges
✅ Traded millions in volume
✅ Integrated into DeFi via vaults, staking, and rewards
$VELVET is the governance and utility token of the Velvet Operating System: powering trading across chains and assets, vault creation, AI agent access, staking, governance, and incentives.
Now live on dozens of CEXs for Spot and Futures, including:
Binance Futures
Bybit Futures
Gate.io
KuCoin
Bitget
MEXC
OpenOcean
LBank
BloFin
BitMart
And of course, you can trade on the Velvet App as well and earn Gems which will reward you with $VELVET emissions each month!
💰 Fundraise Announcement: $3.7M Closed
We successfully closed $3.7 million in funding to scale the Velvet DeFAI OS and onboard the next wave of users and institutions.
Our cap table is headlined by YZi Labs (formerly Binance Labs), Blockchain Founders Fund, Selini Capital, Funfair Ventures, DWF Ventures, and many other top partners as well!
This capital is helping us:
Expand AI capabilities
Continue building institutional-grade trading infrastructure
Deepen integrations in DeFi
Build out Features to help traders navigate the trenches
Velvet Gems: Stake, Trade, Earn Daily
We introduced Velvet Gems, your gateway to ecosystem rewards.
Gems are earned through:
Staking $VELVET → More veVELVET = more Gems
Trading on Velvet → Get rewarded for every swap
Referrals → Invite friends, earn % of fees + bonus Gems
Vault Activity → Create or deposit = TVL-based Gems
You must claim daily or the Gems vanish… permanently.
The first rewards will be 1,000,000 $VELVET on August 10, with the total pool for the campaign emissions being 40,000,000 $VELVET so you have time to continue earning after Epoch 1.
TLDR: The more you use Velvet, the more you earn. This is your entry into the DeFAI rewards flywheel.
Ambassador Program: Help Build DeFAI
We also launched the Velvet Ambassador Program to unite creators, traders, analysts, and regional leaders who want to shape the future of DeFAI.
Ambassadors receive rewards in $VELVET and $VU based on their activity and direct access to the core team.
Apply now by joining our discord and going to the amb_submission channel.
Ecosystem Partnerships
We kicked off new integrations and campaigns with some of the top players in Web3:
🔹 Thena x Velvet
We launched a Concentrated Liquidity Pool for $VELVET on Thena — enabling deep liquidity and tighter spreads on BNB Chain.
Set price ranges for optimized LP
Earn higher APRs on active zones
Support $VELVET with on-chain liquidity
🔹 Turnkey x Velvet
We integrated Turnkey for secure, email-based wallet onboarding.
One-click wallet creation for new users
MPC security under the hood
Seamless UX on EVM chains
This removes a major onboarding hurdle and brings faster trade execution to users without needing to sign every transaction.
aixCB Alpha Hub
The aixCB Alpha Hub, an exclusive environment where top-tier alpha for agents meets seamless execution with the Velvet API integration.
Now the top AI Agent traders can execute swaps directly in the Alpha Hub.
Learn more about the Velvet x aixCB integration
Tech & Product: What We Shipped in July
July wasn’t just about listings and token launches, we also rolled out major infra, security, AI, and UI upgrades across the Velvet platform.
Staking + veVELVET Live
Audited staking contract fully deployed
veVELVET mechanics integrated into UI
Stake to earn Gems and unlock deeper rewards
$VELVET Airdrop Portal
Claim live for early $PLV users
Eligibility based on deposits, swaps, rebalances & referrals
Smooth UI, secure distribution
AI Agent Upgrades
Integrated multi-agent aggregator framework for smarter decision routing
Improved token analysis for better intel on new and obscure projects
Added support for Genesis launch info parsing
Agent can now navigate Velvet’s website, assist with UX
Can now execute swaps on BNB Chain
Gems System Upgraded
Multi-activity rewards: staking, trading, referrals, deposits
Daily claim system with expiry
NFT bonus logic added
New UI with clearer earning breakdown
Security Audits
Backend infra audited by Spearbit
BNB Chain V4 strategy (Thena + Venus) fully audited and re-reviewed
UI & UX Enhancements
New Staking and Gems pages for clean navigation
Sleek table layouts across all modules
Trade module prepped for Limit, DCA, TP/SL
AI Token Analysis button added to detail pages
AI landing design brings the assistant front and center
Velvet is building the most powerful DeFi + AI infrastructure — and we’re just getting started.