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Decentralized Exchange Vela’s DXP Token Surges Ahead of Beta Release on Arbitrum

The utility token has rallied 50% in the past 24 hours and more than doubled since Wednesday ahead of the release of its widely anticipated beta version next week.

By Krisztian Sandor

Updated Apr 9, 2024, 11:25 p.m. Published Jan 27, 2023, 8:11 p.m.

Traders are betting Vela, which means sail in Spanish, can take a share of the growing decentralized exchange activity on Arbitrum. (Johannes Plenio/Unsplash)