Belodrome Expands: DEX Launching on Layer-2 Network Metis Built on Superchains

IconCryptoNewsTerminal Staff27 May, 2024

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Belodrome Expands: DEX Launching on Layer-2 Network Metis Built on Superchains

Velodrome is expanding its reach by launching on the Metis (MTL) Layer 2 Network powered by Superchains. The announcement was made via Twitter by the official X from Belodrome, a DEX on the Ethereum Layer-2 Network OP Mainnet (previously Optimism, OP), which stated, "Velodrome is coming to Metis (MTL) Layer 2 Network powered by Superchains." This expansion follows Velodrome's earlier announcement of the Superchains Beta launch earlier this month. Superchains is a platform that allows developers to build and deploy Layer-2 solutions on Ethereum. By leveraging Metis and Superchains, Velodrome aims to enhance its scalability, reduce transaction fees, and provide a faster and more efficient trading experience for its users. Velodrome's expansion onto Metis aligns with the DEX's broader goal of becoming a multi-chain platform. By offering its services on multiple Layer-2 networks, Velodrome aims to cater to a wider audience and contribute to the growth of the decentralized finance (DeFi) ecosystem.