Velas Token (VLX) is now available on ONUS

From May 24th, we officially list Velas Token (VLX) on the ONUS application. Soon after VLX is added, users can perform the following features:

  • Off-chain transactions: Send and receive VLX with other users in the ONUS network.
  • Exchange: Swap from VNDC or USDT to VLX and vice versa.

About Velas

Velas is the world’s fastest EVM Blockchain enabling up to 75 000 tx/s, processed instantly, with the highest security out there, at almost for free. Velas is an ecosystem startup based in Switzerland. It was founded in 2019 by Alex Alexandrov, a prominent blockchain and crypto entrepreneur, and investor. He is also a founder of CoinPayments — the world’s #1 payment gateway for cryptocurrencies; advisor and investor of Mind AI — a well-known Korean AI startup. Alex is consulting the FBI, Europol, and several national governments on technology, cybersecurity, blockchain, and AI implementation.

What makes Velas unique?

  • EVM — supports all smart contracts and dApps built on the Ethereum stack.
  • Instant, low-cost transactions – extremely efficient performance at a fraction of the cost.
  • Velas Account – passwordless solution that facilitates interaction with blockchain apps to the level of Google account and PayPal-like convenience, without sacrificing our user’s security.
  • Access Management – a decentralized access management system, which allows users to control access to files on IPFS using multiple encryption types.
  • Velas Vault – a novel solution to store secrets and private keys. This enables various use cases, such as decentralized custody solutions of assets native to other blockchains (BTC, ETH, ERC-20, etc).
  • Velas Wallet – multi-currency wallet with staking functionality.
  • MicroApps – Velas will soon support cross-platform decentralized applications where not only the code (logic) is stored on-chain, but also its user interface.


What is VLX Token?

VLX is a native token of the Velas ecosystem, operating on Ethereum according to ERC20 standard, and can be used to: 

  • Pay transactions fee
  • Discount and reduce transactions fee
  • Stake to earn incentives for honest block production


  • Name: Velas Token
  • Symbol: VLX
  • Platform: Ethereum
  • Standard:  ERC20
  • Type: Utility Token
  • Smart Contract Address: 0x8c543aed163909142695f2d2acd0d55791a9edb9