[Decentralized Derivatives Trading Platform Drift Renamed to Velocity] Odaily Planet Daily News - According to official sources, the decentralized derivatives trading platform Drift has officially been renamed to Velocity. The new name reflects the upgraded platform being built, where execution speed and directional accuracy in the perpetual contract trading market determine outcomes. Velocity encompasses both aspects and symbolizes the momentum of development following the rebranding. This brand transformation marks a clear distinction between the past and the future. Velocity represents the team's long-term vision for the exchange, featuring a more streamlined architecture, stronger security foundation, and clearer platform positioning. Velocity will soon release a private beta version to select partners and traders to ensure its reconstruction as the most robust perpetual contract trading platform on Solana.