Perp DEX Velocity opens beta to all users with up to 20x leverage
- —Velocity dropped its whitelist and opened the beta to all users
- —wBTC, wETH, SOL and USDT can serve as collateral in one account
- —Some contracts offer leverage of up to 20x
- —Trades settle on-chain in USDT
Why it matters: Multi-asset collateral and high leverage sharpen competition among perp DEXs for volume and liquidity.
Source: PANews