Professional Trade Execution for Velvet Users
With our 0x integration we are revolutionizing Asset Management, providing users with optimized pricing, streamlined trade execution, and peace of mind on the Velvet Capital Platform.
At Velvet Capital, our goal is to bring Asset Management on-chain. To execute our mission, one aspect is very important… trade execution and routing.
To find you the best pricing and optimal trade routing we’ve sealed a partnership with 0x, a leader in Trade Aggregation and Capital Efficiency. This gives Velvet users access not only to the best-executed price, but also peace of mind on trades through enhanced features like Slippage, MEV, and Price Impact Protection and the lowest revert rate in the industry.
What is 0x?
0x provides developers building financial products in crypto with powerful APIs to optimize pricing, trade execution, and the user experience. To date, 0x has executed over 60M+ transactions,$133B+ in trade volume with more than 7M+ unique users trading on trusted apps like Coinbase Wallet, Robinhood Wallet, Metamask, Zerion, Zapper, and more.
With their flagship product Swap API’s smart order routing algorithm, which queries real-time price across 100+ liquidity sources through both public AMMs (such as Uniswap and PancakeSwap) and exclusive private professional market markers through 0x RFQ, Velvet Capital Vault Managers can now execute trades in the most efficient path with optimized pricing.
To find the best pricing, the Swap API does the following with Velvet Capital:
Queries prices from multiple DEXs and Market Makers and gives you the best quote (gas fees and the amount of tokens you will receive)
Swap API’s smart order routing algorithm then returns the the optimal trade route, whether that’s through a single transaction or split across multiple sources bundled into a single user transaction (you can view the routing in BSC Scan following the execution of the trade)
This BSC Scan shows an example of 0x’s smart ordering routing in action. The user traded AVAX for LINK, and behind the scenes Swap API was able to deliver the best executed price in a multi-step route through WBNB and ETH.
When transacting through 0x, Velvet users by default have Slippage & MEV Protection which has saved users on average 50-80% on slippage on the most active trading pairs. Velvet’s default slippage is set to 1%, but you can lower this in our trade module.
Trades routed through the 0x RFQ system experience Zero Slippage and are guaranteed against MEV attacks, so users never have to worry about being front-run. The Arbitrum version, coming soon, will include 0x’s RFQ system.
Lastly, 0x’s Swap API includes Price Impact Protection, so Velvet users are shielded from suffering significant losses from trading illiquid tokens.
Ready to simplify your DeFi Portfolio Management Experience with Velvet Capital?
With our V2, we continue to make it easier for Asset Managers to create and manage on-chain vaults and give users the opportunity to deposit into DeFi vaults managed by some of the top managers in the space.
On Velvet’s V2, Asset Managers can get access to high APY strategies and browse dozens of spot assets to make the best Vaults possible for them and others!
We also have an Airdrop on the way and are running our liquidity mining program on the V2 where depositors are currently receiving a 2x Airdrop Bonus (trackable in our in app tracker and updated daily). How much allocation are you going to receive?
Velvet Capital will be coming to Arbitrum in the coming weeks, and more chains soon!