Velocity (@VelocityDEX) / X

Velocity

11.7K posts

Velocity

@VelocityDEX

Stay tuned! Prev @DriftProtocol

🌃

Joined May 2021

Pinned
Velocity
@VelocityDEX
Jul 1
Today, Drift is rebranding to Velocity. Our new name reflects the new and improved platform that we are building. Perpetual trading is a market where execution speed and directional precision determine outcomes. Velocity captures both, and signifies the momentum behind our
403K
Velocity reposted
Noah
@redacted_noah
Jul 1
I'm seeing lots of "why are you putting money into rebrand you should be repaying users" Because I expect to see "why spending money?!" every step of the way, I want to make this very clear. The Tether deal is *not* a bailout. They are not just chucking money into the recovery
Velocity
@VelocityDEX
Jul 1
Today, Drift is rebranding to Velocity. Our new name reflects the new and improved platform that we are building. Perpetual trading is a market where execution speed and directional precision determine outcomes. Velocity captures both, and signifies the momentum behind our
22K
Velocity reposted
David
@davijlu
Jul 1
New name. Cleaner architecture. Stronger security foundation. Drift is becoming Velocity, and our private beta is live with select partners & traders soon. This is the exchange we have been building toward.
Velocity
@VelocityDEX
Jul 1
Today, Drift is rebranding to Velocity. Our new name reflects the new and improved platform that we are building. Perpetual trading is a market where execution speed and directional precision determine outcomes. Velocity captures both, and signifies the momentum behind our
11K
Velocity reposted
Tracy
@tracybbd
Jul 1
Proud of the team for getting to this point. Drift is becoming Velocity — a new chapter built on cleaner architecture, stronger security foundations, and a clearer vision for what this exchange can be. Excited for what’s ahead.
Velocity
@VelocityDEX
Jul 1
Today, Drift is rebranding to Velocity. Our new name reflects the new and improved platform that we are building. Perpetual trading is a market where execution speed and directional precision determine outcomes. Velocity captures both, and signifies the momentum behind our
12K
Velocity reposted
Solana
@solana
Jul 1
FYI: @DriftProtocol is now @VelocityDEX
Velocity
@VelocityDEX
Jul 1
Today, Drift is rebranding to Velocity. Our new name reflects the new and improved platform that we are building. Perpetual trading is a market where execution speed and directional precision determine outcomes. Velocity captures both, and signifies the momentum behind our
125K
Velocity reposted
David
@davijlu
Jul 1
We are in the process of changing @X handles. Please do not interact with @DriftProtocol and report it.
13K
Velocity reposted
Tracy
@tracybbd
Jun 29
Looking for traders to help test Drift ahead of relaunch. We’re opening private beta soon and want feedback to make sure the experience is smooth, stable, and ready for users. If you’re interested in testing, DM me your SOL wallet and I’ll add you to the list.
18K
Velocity
@VelocityDEX
Jun 18
The Recovery Token and Insurance Fund Claim Checker is now live. Affected users can now connect their wallet to view their Recovery Token allocation and Insurance Fund claim eligibility.
55K
Velocity
@VelocityDEX
Jun 18
Replying to @VelocityDEX
On this checker, users can view: • DFX allocation • Insurance Fund claim eligibility Checker: dfx.drift.trade
21K
Velocity
@VelocityDEX
Jun 18
This is only an allocation tool for viewing DFX allocation and Insurance Fund claim eligibility. Insurance Fund claims will open in the coming weeks, and DFX claims will open when the exchange is relaunched. DFX cannot yet be claimed, redeemed, or transferred. The team is
17K
Velocity reposted
ahzam
@0xahzam
Jun 16
I've been deep in the trenches getting @DriftProtocol relaunched and can't wait to show you all the exciting changes we've been making so here's a brief high level update: 1) every risk parameter on perp and spot market (what you know as borrow/lend), is being empirically
19K
Velocity reposted
Noah
@redacted_noah
Jun 11
A common question we're getting on the Drift relaunch is: why is it taking so long? Why do you even need a 'relaunch' when it was already live? One of the biggest decisions early on was: new program or reuse the old one? We decided to launch with an entirely new program/program
30K
Velocity reposted
Noah
@redacted_noah
Jun 4
While it's been an epic few years at Helium, I couldn't resist the call of another migration-level challenge. Those of you who know me know I can't resist chewing some glass. As such, I am going to join @DriftProtocol team and help them relaunch. Why? Because I genuinely believe
140K
Velocity
@VelocityDEX
Jun 4
Today we are sharing an update on Drift recovery and relaunch
Drift Recovery Update – June 3, 2026 | Drift Updates
From drift.trade
104K
Velocity
@VelocityDEX
Jun 4
Replying to @VelocityDEX
We are also providing an update on the Mandiant investigation, which has conclusively attributed the attack to UNC6862, a North Korean threat group with direct ties to other state-sponsored actors involved in similar attacks on other platforms.
11K
Velocity
@VelocityDEX
Jun 4
Our priority remains relaunching Drift as a security-first, perps-native exchange, and accelerating the path to user recovery through performance. We will continue to share updates - including detail on recovery mechanics and timing - as they become available. The work
9.9K
Velocity reposted
Tracy
@tracybbd
May 25
CLARIFICATION: DIP-10 is unrelated to the Insurance Fund. It is specifically about the remaining spot assets in the Borrow/Lend pool, and proposes to authorise Drift Foundation to convert those assets into stablecoins to seed the recovery pool at launch. Affected users will
Drift Foundation
@DriftFDN
May 22
Vote for DIP-10: Treatment of Remaining Asset in Borrow Lend is currently live.
34K