Velora Rebrand Introduces Intents-Based Trading To Enhance DeFi Execution
Decentralized exchange aggregator ParaSwap has rebranded to Velora, unveiling a major technical shift toward intents-based trading—a model that departs from traditional single-block execution by allowing traders to express desired outcomes rather than fixed transaction paths.
The shift, announced Thursday, is built on the release of Velora’s Delta v2.5 infrastructure, introducing a competitive agent model where solvers and market makers vie to fulfill user-defined trading goals.
This marks a move away from the legacy aggregator model that has underpinned decentralized finance since its early growth.
At its core, intents-based trading enables users to specify conditions or outcomes—such as a desired price or action—without defining every technical step of the trade. …
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