Drift Rebrands to Velocity, Launches Next-Generation Perpetual Trading Platform

DRIFT4.04%
SOL6.02%
According to BlockBeats, Drift officially rebranded to Velocity today (July 1), signaling a major platform restart. The name change reflects the platform's focus on execution speed and market momentum in perpetual futures trading. Velocity is rebuilding with an enhanced system architecture, improved security infrastructure, and refined product positioning based on Solana. The platform plans to launch a private testnet to select partners and traders in the coming days to validate the new system's stability and performance.
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