Velvet Gems Epoch 10: 933,310 $VELVET in Rewards
Another month to climb the ranks while Velvet prepares to expand AI-based trading even further.
Epoch 10 Is Live (April 10 to May 10)
Epoch 10 of the Velvet Gems Campaign is now underway.
From April 10 through May 10, users will compete for 933,310 $VELVET, distributed at the end of the epoch.
With the major updates to the Gems system already introduced in previous epochs, Epoch 10 continues with the same mechanics, allowing users to compete under a stable and familiar rewards structure while climbing the rankings.
If you have been actively mining Gems, this is your opportunity to continue building your position and earning a larger share of the monthly rewards pool.
Ranked Gems Rewards Continue
Rewards continue to follow the rank based Gems distribution system.
Instead of spreading rewards evenly across all participants, $VELVET is distributed based on your Gems rank relative to other users.
Rank 1 receives 5% of the total Gems allocation
Top 10 receive the largest fixed allocations
Ranks beyond the top tier follow a sliding scale distribution
Remaining active users still receive a portion of the rewards pool
The higher your rank, the larger your share of the monthly $VELVET rewards.
This system ensures rewards remain aligned with real contribution to the Velvet ecosystem.
Gems Continue to Be Based on Fees Paid
Gems generation continues to be based on fees paid through trading activity, rather than TVL.
This keeps rewards tied directly to real economic activity on the platform, ensuring that users contributing to Velvet’s growth earn the largest share of rewards.
By aligning Gems with fees:
Trading activity directly translates into rewards
The system remains difficult to manipulate
Incentives stay aligned with protocol growth
Core Ways to Compete
Your Gems rank continues to be shaped by the same core actions:
Trade on Velvet and generate trading fees
Stake $VELVET into veVELVET to strengthen alignment with the ecosystem
Invite active users and earn from their activity
Maintain your Gem streak by claiming every day
Remember:
Gems must be claimed daily.
Unclaimed Gems expire and do not count toward rankings.
Perpetuals Trading Is Coming to Velvet
Epoch 10 also marks an important milestone for the Velvet platform.
During this epoch, perpetual futures trading will be launching on Velvet, expanding the trading capabilities of the platform beyond spot markets and DeFi positions.
Perpetuals will introduce a new layer of trading activity and open the door for even more advanced strategies across the ecosystem.
Gems incentives for perps trading will be announced after the release, once the new markets are live.
This will further expand the ways users can participate and earn rewards through Velvet.
Key Dates
Activity window: April 10 to May 10, 2026
Distribution: May 10, 2026
Total rewards: 933,310 $VELVET
Keep Climbing
As Velvet continues to expand its trading infrastructure, the Gems campaign remains the core incentive system rewarding the users who power the ecosystem.
Stay active, keep mining Gems, and climb the ranks.
[Stake] [Trade] [Invite] [Claim Daily]