Velocity Beta Removes Whitelist and Opens to All Users
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AT A GLANCE
Velocity Beta has removed its whitelist and supports multi-asset collateral and contract trading with up to 20 x leverage.
Article
Velocity Beta Is Permanently Open, Supporting Multi-Asset Collateral and Contract Trading With Up to 20 x Leverage
PANews September 21 news: perpetual-contract DEX Velocity has lifted its whitelist restriction, and the Beta version is now open to all users. It currently supports wBTC, wETH, SOL, and USDT as collateral assets for contract trading under the same account. Some contracts offer up to 20 x leverage, with trades settled on-chain in USDT.
Velocity has lifted its whitelist restriction, and the Beta version is open to all users.
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A single account supports wBTC, wETH, SOL, and USDT as collateral assets for contract trading.
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Some contracts offer up to 20 x leverage, with trades settled on-chain in USDT.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Velocity is a perpetual-contract DEX. Users can use multiple assets as collateral to trade contracts; some contracts support up to 20 x leverage and are settled on-chain in USDT.
Why it matters to readers
This means that the Beta version no longer restricts access to whitelisted users, and all users can use the features described in the article.
Beginners should note that some contracts offer up to 20 x leverage, but the specific contracts and conditions of use are not stated.
Risks and unknowns
The news does not specify the exact availability period for the Beta version, fees, liquidation rules, or risk-control mechanisms.
The news states only that some contracts offer up to 20 x leverage and does not list the specific contracts.
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Related concepts
Perpetual Contracts
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