Velar is a DeFi Liquidity Protocol on Bitcoin, aiming to unlock Bitcoin’s potential by offering a suite of sophisticated DeFi products. Velar Artha, the world’s first Decentralized Perpetual Derivatives Exchange (PerpDEX) on Bitcoin, facilitates trustless trading of perpetual derivatives with up to 20x leverage, using BTC as collateral. Velar Dharma, the foundational component, serves as the platform for Velar’s decentralized ecosystem, providing core DeFi functionalities on Bitcoin and launching its mainnet within weeks.