ParaSwap Rebrands to Velora, Launches Intents-Based DEX with Delta v2.5 Upgrade

Paraswap. Platform announced Wednesday that it is rebranding again Velora.

Re -arrangement includes Delta V2.5. This overhaul promises faster, better, and more customizable trade by abstracting the distance of the on-chain implementation and replacing it with a flexible “intention” model that allows entrepreneurs to define their desired outcomes rather than prescribing the exact path to achieve them.

“We are changing the scene of decentralized trading with instant cross-chain swaps and super hook,” said Mounir BenchemledFounder of Velora, in a statement shared with Alexablockchain. “Velora is the future of the defi – faster, more flexible, and powerful than ever before.”

A transition from integration — with coordination to coordination

Historically, DEX aggregators such as Paraswap, 1inch, and Matcha -focused stitching have joined forms of liquidity throughout the decentralized exchange to ensure the best possible trade implementation. But these systems are forced by the settlement of single-block and strictly intelligent contracts, which often exposes users to slippage, front-running, and poor pricing due to the highest available value (MEV).

Velora’s response was to move despite the integration of what some in the defi space call “Coordination Period.” During this paradigm, users express trading goals (for example, “change 1 ETH for the best USDC value, considering the speed and charge”) and a market of solvers competing to fulfill that request. This model, which pioneered through platforms such as the COW protocol, grew in popularity as developers aim to abstract the complexity of the blockchain for end users.

In Delta V2.5, Velora claims to now offer instant cross-chain swaps, eliminating the need for traditional bridging or waiting for block confirmations. Instead of depending on the fixed paths for implementation, the new platform uses agents in the ever -changing sources of liquidity in many chains.

Standing on a tight farm

Velora enters an increasingly competitive space. DEX rival platforms and integrated uniswapx, Odos, and cow swaps are moving towards similar intention-based models. For example, Uniswap, launched Uniswapx in 2023, enabling the matching off-chain order to improve implementation and reduce MEV. The Cow Swap, which pioneered the solver competition model, has already shown the feasibility of batch auctions for MEV resistance.

But Velora estimates its “super hooks” system will set it. These hooks allow users to automate complex techniques by chasing multiple actions together -such as changing properties and immediately sending them to lending protocols such as AAVE or managing LP positions -all in a single transaction flow.

This type of composability is key to what Velora sees as Defi’s next jump: chain abstraction. While most platforms treat blockchain networks as air -rested environments, Velora treats them as interchangeable infrastructure, which distances the differences and enabling of users to contact the DeFI as if it were a bacteria.

Timing in the market and the wider context

Velora’s launch comes from aspire -based architecture gains momentum throughout crypto. Vitalik Blerin, co-founder of Ethereum, spoke positively about intention-based outlines, describing them as a way to simplify UX while increasing economic efficiency. Many research efforts, such as from Anoma and Espresso systems, have suggested the inclusion of goals deeper into the protocol design.

However, for all enthusiasm, most current implementations remain experimental or limited in range. Velora is trying to industrialized this concept, packing it to a high-performance DEX that can compete not only with UX, but the quality of implementation.

It also reflects a broader trend in the DEFI infrastructure: the implementation modularization, in which specialized agents (MEV seekers, solvers, market manufacturers) hold different components of trade implementation. Separate concerns not only improves efficiency but can ease risks and improve competition.

Despite a generally muttered crypto market last year, infrastructure projects like Velora have drawn the investor’s attention. While Velora has not disclosed any new funds along with Rebrand, Paraswap has previously raised funds from well -known supporters including blockchain capital and coinfund. Its pivot can be seen as an endeavor that the innovative idea of ​​the infrastructure -not just speculation -haaka -haka -will drive to the next cycle of Defi adoption.

May Velora deliver?

For Velora to succeed, it will need to win both users and liquidity in a market full of successors. It should also be proven that “super hook” and cross-chain implementation are not only more flexible, but also reliable and safe.

Security is particularly critical to a landscape rife with bridge exploits and vulnerabilities in intelligent contracts. Velora’s intent system minimizes some risks by bridging, but critics can be directed to increasing the complexity of solver networks as a new potential surface attack.

However, Velora’s vision aligned with a greater effort to make it easier to access, powerful, and powerful.

So far, Benchemled and his team estimate that the DeFI world is ready to move from strict contracts to flexible coordination – and that Velora is the platform to rule the road.

Also Read: The Sony-backed Soneium to re-invest the Astr token income

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Image credits: : Paraswap

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