Solana Ecosystem Perpetual Contract Exchange Drift Announces Rebranding to Velocity

CoinFeed July 2 news, Solana ecosystem perpetual contract exchange Drift announced its rebranding to Velocity, stating that this rebranding marks a comprehensive upgrade of the platform's architecture, security foundation, and product positioning. The team said that Velocity will adopt a 'cleaner' technical architecture and stronger security foundation to rebuild as the 'most robust' perpetual contract exchange on Solana. Currently, Velocity is advancing the relaunch process and plans to open private beta to some partners and traders in the coming days, with more details to be announced later.