The present invention relates to a velvet fabric with characteristics of comfort, freely dynamic effect, and gas permeation. The velvet fabric comprises a velvet cloth (1), wherein a sponge layer (2) is arranged under the velvet cloth, a gas permeation layer (3) is arranged under the sponge layer, and is formed by weaving polyester fibers (3.1) and polyamide fibers (3.2) in a blended manner, a base layer (5) is compounded under the gas permeation layer (3) and is made from a fabric, the fabric is formed by mutually interweaving warp and weft in a rise and fall manner, one of the warp and the weft is covered type elastic yarns, and the covered type elastic yarns comprise spandex filaments positioned in the center and a plurality of nylon low-elastic yarns covered on the spandex filaments. According to the present invention, the velvet fabric of the present invention has characteristics of elegant color, luxury property, durability, wear resistance, gas permeation, sweat discharge, strong comfort, and strong freely dynamic effect.