Vela Exchange Releases Beta Roadmap, to Reward Testers with NFTs and Airdrops

Arbitrum-based perpetual DEX Vela Exchange released its beta roadmap. Vela's beta is divided into three phases. Currently it's in Phase 2, and the focus is to improve stabilization and scalability.

In Phase 2, which lasts until March 5th, Vela Exchange will integrate with cross-chain interoperability protocol Axelar, and will start a flash trading contest. In addition, more assets will be listed on the platform, and the first buyback will take place during the first week of March.

Vela Exchange will get ready for its official launch in Phase 3, which starts on March 6th, when it will offer beta testers a chance to qualify for a participation NFT and airdrop as a reward. New trading competitions will be held as well.

Vela Exchange launched its open beta on Arbitrum on February 10th. As of yesterday, the trading volume had exceeded $1 billion.