what's Velocity Labs?
Velocity Labs is a product and development lab focused on building DeFi infrastructure and tools for the Polkadot ecosystem. They create foundational financial layers, including protocols and applications, to attract builders, liquidity providers, and distribution to Polkadot. Recent initiatives include the DeFi Builders Program to empower developers creating financial applications on Polkadot Hub.
Velocity DeFi generated over $800M in DEX volume during 2025.
Generated over $800M in DEX volume during 2025.
Colt Protocol's HorsePower Points program goes live with leaderboard functionality, rewarding users for participating in platform activities.
Circle's $USDC joins as a core stablecoin in the ecosystem on Saga alongside $D, $MUST, and $YUSD for collateral, credit, liquidity, and yield.
Colt Protocol and Mustang Finance launch operationally on Saga as the core protocols comprising Velocity DeFi, enabling stablecoin minting ($D and $MUST) and composable borrowing, with new integrations including Axelar, Squid, Evmos, and Uniswap V3 on a dedicated chainlet with gasless trading.
TheKingProtocol integrates natively into the Saga ecosystem, with $KING token powering Mustang collateral and liquidity across the platform.
Integration with GetYieldFi expands onchain yield and collateral across the Saga ecosystem.
Launches Saga, a multichain liquidity integration layer connecting collateral with yield opportunities across multiple ecosystems.