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Vela Exchange is empowering DeFi traders with fast execution, cheap transactions, advanced trading features and self-custody. It provides significant upside over centralized exchanges with fair, equitable access to platform rewards, self-custody of assets, and zero requirement for a centralized clearing house. While legacy decentralized applications and exchanges continue to deal with high execution costs, low performance, and other trade inefficiencies, Vela Exchange was built as a 'next gen' platform to overcome familiar DEX issues including front-running, slippage, asset limitations, and lack of risk management features.