ParaSwap rebrands to Velora, introduces intent-based DEX trading feature
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DEX aggregator ParaSwap has rebranded to Velora and launched its Delta v.2.5 upgrade, introducing a customizable intents-based trading system that enhances trade execution flexibility, MEV protection, and cross-chain functionality.
Decentralized exchange (DEX) aggregator ParaSwap announced its rebrand to Velora and is moving on to a new intents-based trading feature.
According to an announcement shared with Cointelegraph, Velora’s just introduced its Delta v.2.5 upgrade. This supposedly results in improved flexibility and agility in trade execution on the DEX.
Paraswap has seen 18,000 monthly active users over the last month with 4.3 million smart contract interactions over the past 365 days, according to TokenTerminal data. The platform first introduced intents-based trading back in the summer of 2024, with hopes that it would mitigate the negative impact of maximum extractable value (MEV) bots.
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