TechFlow news, July 1. According to official announcements, the decentralized derivatives trading platform Drift has announced a brand upgrade and been renamed Velocity. Officials stated that the new name reflects the platform's emphasis on execution speed and directional precision in perpetual contract trading, and also marks a new stage for the platform in architecture optimization, enhanced security foundation, and clarified product positioning.
Additionally, Velocity revealed that it will open a private beta to select partners and traders in the coming days, as an important step in rebuilding a more robust perpetual contract trading platform within the Solana ecosystem.
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