Velora: The ParaSwap Rebrand and Intent DEX Aggregator, Reviewed
Velora reviewed: the aggregator formerly known as ParaSwap, with intent-based Delta swaps across many chains. How it works, fees, safety, and who it's for.
Table of contents
If you swapped on ParaSwap, you already know Velora: it is the same aggregator, rebranded. What is new is Delta, an intent-based mode where solvers compete to fill your order with MEV protection, layered on top of the classic best-price routing across many chains. For anyone who wants competitive execution without babysitting the route, Velora earns a look. Here is how it works and how to start in two minutes.
What is Velora?
Velora is a multi-chain DEX aggregator and the rebrand of ParaSwap. It keeps the same team, contracts, and PSP governance token, and routes swaps across many DEXs to find the best price. On top of that classic routing it adds Delta, an intent-based swap mode: instead of choosing a route, you sign an intent and competing solvers fill it, which can improve the price and provides MEV protection.
The rebrand did not reset the track record. ParaSwap has been a top-tier aggregator since 2020, and Velora carries that history forward with the intent layer as the headline new capability.
How Velora works
- You set the swap: chain, input token, output token, and amount. Velora quotes the best amount received.
- Choose the mode. Classic routing splits across DEXs for the best on-chain price, or Delta posts an intent that solvers compete to fill.
- Your wallet signs the route or intent. Velora is non-custodial; funds stay in your wallet until execution.
Typical result: a competitive best price across chains, with the option of intent-based execution and MEV protection through Delta.
Why Velora wins
- Intent-based Delta. Solvers compete to fill your order, which can beat static routing and shields you from MEV.
- Proven aggregator. ParaSwap's routing and contracts have a multi-year track record across many chains.
- Multi-chain coverage. A consistent quote across the major EVM chains.
- Non-custodial. You sign the route or intent; nothing custodies with Velora.
When to reach for something else: quote another aggregator (Odos, 1inch, Matcha) on size and take the better number. If you only ever used ParaSwap, note the domain and branding changed to Velora, so verify you are on the official site.
Security
Velora is non-custodial: it builds a route or intent that your wallet signs, so funds stay with you until a swap executes. It inherits ParaSwap's long-running, audited contracts. The standing risk is token approvals, common to every aggregator, so review what you approve and revoke unused allowances. Because the brand and domain changed from ParaSwap to Velora, be extra careful to verify the official app URL (imitators love a rebrand) and start with a small swap.
How to get started
- Open the app and connect a self-custody wallet.
- Pick the chain and tokens to swap.
- Choose classic routing or Delta, review the quoted amount received, then confirm.
- Start small on a new chain to confirm everything behaves as expected.
Final verdict
Velora is ParaSwap's next chapter, and a strong one. Proven multi-chain best-price routing plus Delta's intent-based execution with MEV protection make it a capable aggregator quote, all non-custodial with a multi-year contract history. Quote a second aggregator on large trades and take the better output, and above all verify you are on the official Velora domain after the rebrand. For competitive swaps with an intent option, it belongs in your rotation.
Related guides
For the full landscape, see our best decentralized exchanges guide.
Frequently asked questions
What is Velora?
Velora is a multi-chain DEX aggregator, the rebrand of ParaSwap. It routes swaps across many DEXs for the best price and adds Delta, an intent-based mode where solvers compete to fill your order with MEV protection. The PSP token governs the protocol.
Is Velora the same as ParaSwap?
Yes. ParaSwap rebranded to Velora, keeping the same team, aggregator, and PSP token. If you used ParaSwap, Velora is the continuation with an intent-based layer (Delta) added on top of classic best-price routing.
Is Velora safe?
Velora is non-custodial: it builds a route your wallet signs, so funds stay with you. ParaSwap's contracts have a long track record and audits. As with any aggregator, manage token approvals and revoke unused ones. Verify the official URL and start with a small swap.
What is Velora Delta?
Delta is Velora's intent-based swap mode. Instead of you picking a route, you sign an intent and competing solvers fill it, which can improve price and adds MEV protection. Classic aggregator routing remains available alongside it.