Vela DEX Exchange’s DXP Token Soars 50% After Arbitrum Beta Launch

The DXP token price of Vela Exchange, a decentralized trading platform (DEX) on Arbitrum, has seen a strong increase as the project prepares for its beta launch. that is expected to come next week

The price of DXP has increased by about 50% in the last 24 hours. And the price has more than doubled since trading below $1 on Wednesday morning, according to a report by Cointelegraph. CoinGecko

Vela Exchange was originally known as Dexpools on Ethereum before moving its development to Arbitrum, a layer 2 Ethereum blockchain. The platform allows trading of spot and perpetual futures, as well as peer-to-peer over trading. -the-count (OTC)

Platform beta version Early access will be available to registered testers on Jan. 31 and to the general public starting Feb. 7, according to its website.projectspecify

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