Velvet Capital

Velvet Capital is an AI-powered onchain trading terminal that lets users trade spot and perpetual markets across seven blockchains — including Solana — from a single self-custodial interface, combining advanced order routing, a multi-agent AI copilot, social wallet tracking, and non-custodial portfolio vaults.

Origins and Evolution

Founded in 2022, Velvet Capital launched as a DeFi portfolio management tool focused on non-custodial index-style vaults. By 2025 and into 2026 the platform had evolved substantially, rebranding under the "SocialFAI" umbrella as it added cross-chain trading execution, an in-house AI model, a Telegram group-chat trading bot, and social intelligence features. The product suite now spans a publicly accessible trading terminal, an invite-only consumer app called VelvetX, a Telegram bot called VU Bot, a white-label infrastructure layer, and a portfolio management API.

Core Mechanism

The trading terminal routes orders through an intent-based execution engine that sources liquidity from multiple DEX aggregators simultaneously — choosing the best price and applying MEV protection rather than locking into a single venue. On Solana, routing goes through Jupiter and DFlow. On other chains the platform calls on 1inch, 0x, KyberSwap, Portals, OKX DEX, Enso, and Hyperliquid.

Execution is non-custodial throughout: users connect their own wallet or create a smart wallet via email or social login through the Turnkey infrastructure layer. Velvet never takes custody of funds. For the shared-portfolio use case, managers can deploy onchain vault contracts where depositors retain asset custody while the manager controls trading strategy. These vaults support configurable whitelists, transfer restrictions, and manager fee structures, and are accessible programmatically through the Portfolio Management API.

Gasless trading, introduced in July 2026, removes the need to hold native gas tokens on each chain, reducing friction for users moving across networks.

Velvet Unicorn AI Framework

The AI layer is built around a multi-agent system named Velvet Unicorn. Four specialized agents — CEO, Researcher, Analyst, and Trader — coordinate to respond to natural-language queries, combine onchain metrics with social sentiment and technical analysis, and prepare or execute trades. Users can ask questions in plain language and receive structured research outputs or automated trade executions.

In August 2026 Velvet released Velvet Flash 0.1, a 4-billion-parameter language model purpose-built for crypto trading tasks. This in-house model supplements the multi-agent framework and is intended to give Velvet tighter control over inference quality for DeFi-specific reasoning.

The VU Bot, launched July 2026, brings the AI framework into Telegram group chats, enabling token analysis and trade execution directly within social channels.

Social Intelligence

VelvetX, the invite-only consumer app, adds social feed and wallet-tracking capabilities to the trading interface. The platform indexes over 13 million wallets and tracks known-influencer (KOL) positions, surfacing what addresses associated with prominent traders are holding and trading. Users can follow wallets and receive alerts, integrating copy-trade-style intelligence alongside their own analysis.

Webacy Alerts are integrated to flag risky token contracts in real time, helping users identify potential rug pulls or malicious tokens before trading.

Solana Ecosystem Fit

Solana is one of seven supported networks. On Solana the platform connects to Jupiter for DEX aggregation, which gives users access to the deepest onchain liquidity available on the network. DFlow provides an additional routing layer. The Trenches section of the terminal aggregates newly launched tokens from Solana-native launchpads including Pump.fun and Bonk, giving users fast access to early-stage token markets.

The VU Bot roadmap includes a Telegram trading bot specifically for Solana, Base, and BNB Chain, with TWAP and limit-order execution and chain-abstraction for omni-chain strategies. Agentic portfolio management — where a strategy runs autonomously as long as the manager holds a veVELVET position — is also on the roadmap.

Tokens and Economics

The platform has two native tokens. VELVET is the primary governance and revenue-sharing token. Users who lock VELVET receive veVELVET, which entitles holders to governance participation and a share of platform revenues: half of all fees are converted to VELVET and distributed to veVELVET stakers. Trading cashback of up to 100% is available based on trading volume and staking level, with 15–20% cashback for new and referred users in their first month.

The VU token functions as the utility token for AI usage. Each VU spent is split three ways: one-third is burned, one-third funds research and development, and one-third is distributed to veVELVET stakers.

A dedicated staking mechanism on BNB Chain in partnership with Falcon Finance offers VELVET lockers an estimated 20–35% APR in stablecoin yield for 180-day lock periods.

Security and Audits

Velvet has completed seven independent security reviews: PeckShield, Spearbit, Softstack, Resonance Security, a competitive audit through Hats Finance, real-time monitoring via Forta, and risk management infrastructure through OpenZeppelin Defender 2.0. Active bug bounty programs run on both Immunefi and Hats Finance. Tenderly is used for transaction simulation and alerting.

Team and Backing

The team has not published individual names publicly. The project is backed by YZi Labs (formerly Binance Labs), DWF Labs, Mucker Capital, Gate Labs, CoinTelegraph Ventures, and Selini Capital. Media coverage has appeared in Nasdaq, Yahoo Finance, Business Insider, and TechInAsia. As of mid-2026 the platform reports more than 100,000 users and over $200 million in cumulative trading volume.