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Pools with sBTC on Velar

May 5, 2025

Velar is a third-party platform not operated by Leather. Rewards and risks depend on pool activity and protocol design.

Velar is a decentralized liquidity protocol built for Bitcoin through the Stacks ecosystem. It includes:

  • Velar Dharma – an AMM-based decentralized exchange

  • Velar Artha – a perps trading platform secured by Bitcoin You can provide sBTC to liquidity pools on Velar to:

  • Enable token swaps (e.g., sBTC-STX)

  • Access leverage through sBTC perpetuals

  • Provide liquidity to perpetuals pools (e.g., sBTC-USDh)

  • Earn swap fees and token incentives for liquidity As of May 2025, Velar reports:

  • $2.05M TVL

  • 164 pairs

  • Smart contract audits and SDK/API access for developers Leather aims to integrate with Velar so users can:

  • View sBTC LP positions

  • Track rewards earned from AMM or perps pools

  • Manage staking or farming incentives tied to liquidity provisioning To explore Velar’s pools, visit https://velar.com