Velyo \v(e)-lyo, vel-yo\ as a boy's name.
The baby name Velyo sounds like Vale, Val and Vali. Other similar baby names are Pelayo, Falco, Felan, Felim, Felic, Flyn, Ilya, Illya, Vanya, Felipo, Seelye, Valen, Vasya and Vlad.