velocity

Decentralized perpetual contract trading platform Velocity (formerly Drift Protocol) latest progress: the private testnet continues to run. The team is currently conducting security audits and strengthening risk controls.

The team is also collaborating with market makers, professional trading firms, and retail traders to test the product—continuously optimizing the trading experience and preparing for liquidity at launch. Public launch and DFX claiming will begin after all security and risk-related work is completed.

Foresight News notes that after Drift Protocol suffered a large-scale hacker attack on April 1 of this year, the team has designed a compensation mechanism for affected users. DFX is a recovery token specifically issued to affected wallets, with 1 DFX corresponding to $1 of verified loss.

#Velocity #DeFi #加密货币

Velocity (Former Drift Protocol) latest updates: The private testnet continues to run, and auditing and risk hardening are underway.

At present, the team is working with market makers, professional trading firms, and retail traders to test the product, optimize the trading experience, and prepare for liquidity launch. Public launch and DFX claims will be carried out after the safety and risk work is completed.

Remember, after a large-scale hacking attack on Drift Protocol on April 1 last year, the team designed a compensation mechanism for affected users. DFX is specifically issued as a recovery token for wallets impacted by the incident, with 1 DFX = 1 US dollar of verified loss.

We continue to closely monitor the project’s security progress, and once all preparations are complete, we will正式 launch—taking responsibility for users’ asset safety is still commendable.

#Velocity #DeFi #cryptocurrency

$USDC INFRASTRUCTURE STARTUP VELOCITY RAISES $38M 💎

Not financial advice. Always manage your risk.

#USDC #Stablecoins #Fundraising #Velocity #CryptoNews

💎

Velocity raises $38M in a Series A funding round

#Velocity secures $38M in a Series A funding round co-led by Dragonfly and FirstMark, with participation from Activant Capital, Capital One Ventures, QED Investors, Coinbase Ventures, Wintermute Ventures, and Ripple. The round brings Velocity’s total capital raised to nearly $50M.

Velocity is an enterprise-grade financial infrastructure platform designed to unify global payments and treasury operations through stablecoin technology.

👉 x.com/velocityxyz_/status/2077016516416123139

MAJOR RECENT CRYPTO FUNDRAISING EVENTS

#Cryptocom #Alpaca #ADIChain #Velocity #Cyclops #Pascal #PactLabs #GlacisLabs

$DRIFT REBRANDS TO VELOCITY AS SOLANA PERP PLATFORM ENTERS NEW PHASE 🔥

Drift is now Velocity — and it's not just a name change. The team is rebuilding the entire architecture for faster execution and clearer product focus. Beta access opens in days to select partners and traders.

This is a signal that the protocol is serious about owning the Solana perpetuals race. Speed is the edge here, and the rebrand reflects that focus. Are you watching this rebuild or jumping in at beta?

Not financial advice. Always manage your risk.

#DRIFT #Velocity #Solana #Perpetuals #Crypto

🔥

$DRIFT REBRANDS TO VELOCITY WITH FULL ECOSYSTEM OVERHAUL 🔥

The rebrand from DRIFT to Velocity isn't just a name change — it's a complete protocol overhaul with upgraded security and redesigned tokenomics. A limited private testnet is going live in the coming days, which historically draws fresh capital and attention.

Volume has been quietly building on the daily chart, and this kind of structural catalyst often triggers the next leg before most traders catch on. Are you parked ahead of the testnet launch?

Not financial advice. Always manage your risk.

#DRIFT #Velocity #Rebrand #Crypto #Testnet

🔥