Velocity

Perp DEX

$DRIFT · Founded 2021 · velocity.exchange ↗

Price n/aNot available

Visit Velocity ↗

★★★★★★★★★★

40/100dexwatch score · Caution

Velocity is a Perp DEX on Solana.

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Status

Drift was exploited on 1 April 2026 for roughly $285–295M and halted deposits and withdrawals. The protocol rebranded to Velocity and relaunched publicly on 29 September 2026 at velocity.exchange with USDT-settled perps on four markets (BTC, ETH, SOL, HYPE); victims receive recovery tokens. Co-founder Cindy Leow stepped down at the relaunch. Fees and leverage of the new venue are not yet verified.

Key metrics

24h volume

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Total value locked

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Open interest

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Share of tracked perp volume

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Market cap

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Maker / taker fee

n/a

Max leverage

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Trading pairs

Snapshot Oct 18, 2026 from public sources (the venue's own market API for volume and open interest, DefiLlama for TVL). Live values refresh in your browser where a source is available. Fields without a verifiable source show n/a.

Overview

Velocity is a perp dex that runs on Solana. Founded in 2021.

A detailed editorial pros & cons breakdown, security score and audit history for Velocity are not available yet — the figures above come from public trackers and the venue's own API where available. We add full profiles over time.

Security

No published security score or audit list is available for Velocity in our dataset yet.

AuditsNot available

At a glance

ChainsSolana

IncentivesNot available

TypePerp DEX

Made your choice?

Start trading on Velocity

Non-custodial — connect your wallet and you stay in control of your funds. Leverage is high-risk; only trade what you can afford to lose.

SolanaPerp DEX

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Frequently asked about Velocity

Is Velocity safe to use?

There is no published dexwatch security score or audit list for Velocity in our dataset yet, so we mark that as not available. Like other decentralized exchanges it is non-custodial, meaning you keep control of your funds in your own wallet. Always do your own research before trading.

What are the trading fees on Velocity?

Velocity has not published a simple headline fee schedule that we could verify, so we list its fees as not available. Check the venue's own documentation before trading.

Which blockchains does Velocity support?

Velocity operates on Solana.

Compare with similar venues

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Learn before you trade

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What are perpetuals & perp DEXes?Module 7 · 7 min read → Leverage risk & liquidationModule 7 · 6 min read → The crypto wallet: your key to the DEXModule 2 · 6 min read → Phishing, fake sites & wallet drainersModule 5 · 7 min read →

Key terms

Perpetuals Funding rate Leverage Liquidation Margin

Figures are a dated snapshot from public sources — they move constantly and are for reference only, not financial advice. Updated Oct 18, 2026. Spotted an error? Tell us.