Vela’s token also garnered attention for listing the rebranded, identical utility token VELA on Camelot, another DEX on Arbitrum, on Thursday, potentially contributing to the rally. DXP holders on Ethereum and Metis can exchange their tokens one-to-one to VELA on Arbitrum without any fees using a bridge.

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• Source: https://www.coindesk.com/markets/2023/01/27/decentralized-exchange-velas-dxp-token-surges-ahead-of-beta-release-on-arbitrum/?utm_medium=referral&utm_source=rss&utm_campaign=headlines