One account for everything: perps on crypto and equities, collateral from what you hold, earn, and vaults. Settled on-chain, in USDT. Backed by Tether.
wBTC, wETH, SOL, and USDT all count as collateral in one account, with more coming soon. Trade up to 20x on select perps.
USDT counts as collateral in full. wBTC, wETH, and SOL count at their listed rates. One balance carries all four. A deposit in one can back a position in any market.
Cross margin runs the account on one collateral balance. The short opens against that balance, and nothing is sold to open it. The margin requirement is calculated across the account.
A liquidation cancels open orders first. It then reduces the position in increments until the account clears its margin requirement.
Deposits in wBTC, wETH, SOL, and USDT earn a lending APY from the day they land. They keep earning the whole time they back an open position.
Stake into the fund that stands behind the exchange. The fund pays its stakers a share of exchange revenue. Stakers own the fund outright.
With Velocity Earn, lend out your deposit, earn APY, and watch your earning compound automatically. See live borrowing and lending rates.
Read the audit reports and follow the DFX recovery.
Independent audits cover the protocol, and all the findings have been addressed. The protocol is undergoing Solana's STRIDE security review
Report a vulnerability in the code or the app to security@velocity.exchange.
The DFX recovery program is live now. View all the updates and pool contributions here
Tether committed up to $127.5M, including a credit facility, announced on 16th April 2026
Perps on crypto and equities, with NVDA and TSLA at launch, all in one account. Your BTC, ETH, SOL and USDT count as collateral. USDT counts in full, the rest at their published rates.
Taker fees on BTC, ETH, and SOL start at 0.060% and fall to 0.02% with 30-day volume. Makers earn a 0.0025% rebate on every fill. Arrive through a referral link and pay 5% less. View the fees page.
Deposits in wBTC, wETH, SOL, and USDT earn a lending APY from the day they land. They keep earning the whole time they back an open position.
A verified loss of 1 USDT on Drift is 1 DFX. DFX is transferable and redeemable for USDT at NAV, the recovery pool balance divided by the outstanding DFX supply. NAV rises with every deposit to the recovery pool.
Your keys hold the account. Deposits sit in Velocity's program on-chain, and you can withdraw whenever your collateral covers your position. You can set up a delegate wallet that can trade the account and never withdraw from it.
One account for everything. Bring a friend: they pay 5% less on every trade, you earn 10% of their taker fees.