# Velora

> Crosschain Swaps with One-Click Gasless Trading

Velora helps users trade cryptocurrencies across chains by providing intent-based execution with MEV protection and gas abstraction through agent competition.

Velora helps DeFi traders execute crosschain swaps by providing intent-based trading architecture with MEV protection and gas abstraction. Users can submit trading intents that competing agents execute at optimal prices across multiple blockchains. Velora evolved from ParaSwap in 2025.

- Type: Company
- Sector: Finance
- Status: Active
- Founded: 2019-04-01
- Profile: https://thegrid.id/profiles/velora

## Products

- [Velora Protocol](https://thegrid.id/profiles/velora): Velora Protocol is an intent-based trading aggregator that sources liquidity from decentralized exchanges across multiple blockchains. The system enables cross-chain swaps, limit orders, and MEV-protected execution through agent-based architecture while integrating with professional market makers. (DEX Aggregator , Live, Main Product)
- [Delta](https://thegrid.id/profiles/velora): Delta is a trading execution layer that provides MEV protection and gasless transactions through agent-based settlement. The system delegates swap execution to competing settlement agents using Portikus infrastructure for optimal execution. (DEX Aggregator , Live)
- [Velora SDK](https://thegrid.id/profiles/velora): Velora SDK allows developers and dApps to integrate DEX aggregation functionality. The toolkit provides API access to liquidity aggregation across multiple decentralized exchanges with competitive routing. (Developer Tooling, Live)

## Assets

- [ParaSwap (PSP)](https://thegrid.id/profiles/velora): PSP was the governance token of ParaSwap, a decentralized exchange aggregator that rebranded to Velora Protocol. It was used to participate in governance, staking, and rewards within the protocol ecosystem. PSP immediately lost governance, staking, and rewards utility when Velora launched the VLR token to replace it. (Governance)

## Links

- [Main](https://www.velora.xyz)
- [Media Kit/branding](https://www.notion.so/paraswap/1f5dea6b80b780f984c5f68307c5e9d6?v=1f5dea6b80b780f59e7d000c5f4b3028)
- [Documentation](https://docs.velora.xyz)
- [Blog](https://veloradex.medium.com)
- [Forum](https://gov.paraswap.network)
- [Governance](https://snapshot.org/#/paraswap-dao.eth)
- [Privacy policy](https://www.velora.xyz/terms/privacy-policy)
- [Terms of Service](https://www.velora.xyz/terms/terms-of-use)
- [Twitter / X](https://x.com/veloradex)
- [Telegram](https://t.me/paraswap)
- [GitHub](https://github.com/VeloraDEX)
- [Discord](https://discord.com/invite/bfnkPRPRXG)

## Legal

This data is provided under two licensing models.

Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation.

Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP