Drift announced its rebranding to Velocity and a relaunch, positioning itself as a new generation perpetual contract trading platform

According to official news, the perpetual contract trading platform Drift today announced its official rebranding to Velocity, stating that this brand upgrade aims to reflect the new generation trading platform architecture it is building.

The team pointed out that in the perpetual contract market, execution speed and directional judgment are crucial. The name "Velocity" aims to embody trading speed and market momentum, while marking the platform's entry into a reboot phase.

The official statement indicated that this renaming also represents a clear boundary in the product roadmap: the new platform will adopt a clearer system architecture, stronger security infrastructure, and a more defined product positioning. Currently, Velocity is advancing its reconstruction work and plans to open a private testing version to some partners and traders in the coming days to validate the stability and performance of the new generation Solana-based perpetual contract trading system.