Velvet May Update: New SocialFi App, Perp Trading, AI-Powered Alpha & More
From social trading and AI-powered alpha to Perps and real-time discovery, our new invite-only SocialFi experience is changing the game for top trenchers.
In May we launched Velvet X, our new invite-only social trading platform, rolled out full Perpetual Futures Trading, integrated AI deeper into the trading experience, and continued building toward our vision of the DeFAI Operating System.
From discovering opportunities to executing trades and sharing results, traders can now do everything from a single interface.
Introducing Velvet X
May marked the launch and initial rollout of Velvet X, our new invite-only SocialFi trading platform built for traders who want an unfair advantage.
Velvet X combines AI, social trading, real-time discovery, and execution into a single experience designed specifically for the trenches.
Discover Opportunities Faster
Velvet X introduces a completely redesigned discovery experience:
Up to 100% cashback on fees
$VELVET rewards
Smart wallet + KOL tracking across 13M+ wallets
Early signals on what top traders are buying before the rest of CT sees it
Social feed for sharing alpha and getting AI signals
Trading across Solana, Base, Hyperliquid, BNB, and more
AI Built Directly Into the Experience
Velvet Unicorn is now integrated directly into Velvet X.
Users can:
Analyze tokens
Research opportunities
Evaluate risk and momentum
Execute trades through AI
Built for Active Traders
Additional upgrades include:
Draggable limit orders
PnL Share Cards
Watchlists for both tokens and traders
Multi-chain portfolio tracking
Unified wallet balances across chains
Improved mobile and desktop experiences
Faster onboarding and wallet connections
Velvet X also now supports top launchpads such as Bankr, Pump Mayhem, Zora, Flaunch, and others.
Velvet X is currently invite-only. Go to the app: https://x.velvet.capital
If you’d like access, jump into our community and ask the team for an invite code.
AI-Powered Alpha Distribution
We integrated X news and AI-generated signals from the Velvet Unicorn Alpha Chat directly into the Velvet ecosystem, helping traders discover opportunities faster and act on them immediately.
Building the DeFAI OS
Velvet Unicorn continues to evolve as the intelligence layer powering the Velvet ecosystem.
Every improvement moves us closer to our vision of a unified DeFAI experience where users can discover, analyze, and execute opportunities with the help of specialized AI agents.
The future isn’t just AI-assisted trading… it’s AI-native trading.
Tech & Product Updates
We also integrated Perps trading onto the new Velvet X, giving users access to Crypto, Stocks, and Commodities with up to 50x leverage.
The experience includes:
One-click gasless deposits from Ethereum, Base, BNB Chain, and Sonic
Position management tools
Take Profit and Stop Loss orders
Perps are now fully integrated into the Velvet experience, bringing spot trading, DeFi, and leveraged trading under one roof.
Platform Performance & Reliability
Alongside new features, we shipped dozens of upgrades focused on speed, reliability, and execution quality.
Highlights include:
Faster page loads through smarter caching
Improved trading reliability
Mobile chart improvements
Improved invite-code onboarding
Better chart precision and marker alignment
Increased Perps reliability and execution quality
These improvements make Velvet faster, smoother, and more reliable across every part of the platform.
Community & Ecosystem Updates
Pumpdotfun Integration
We integrated Pumpdotfun into Velvet, allowing traders to use AI-powered analysis to navigate the trenches and identify opportunities faster.
State of Velvet Livestream
We hosted the latest State of Velvet livestream covering product updates, AI development, trading infrastructure, roadmap plans, and community Q&A.
Gems Epoch 11 Announced
We announced Epoch 11 of Velvet Gems.
This epoch introduces a longer reward period designed to create significantly larger reward claims for active users ending on August 10th.
DFlow Integration
We announced our integration with DFlow to improve Solana trade execution.
Benefits include better execution quality, improved fill rates, better pricing, and faster routing especially during volatile market conditions.
$CRED Trading Competition
In partnership with Helixa, we launched the $CRED Trading Competition.
The campaign featured 182 million $CRED in rewards.
Blue Chip Perps Competition
To celebrate the launch of Perpetual Futures Trading, we launched a Blue Chip Perps competition focused on BTC, ETH, and SOL.
Consensus & Events
The Velvet team attended Consensus and cohosted an afterparty, connecting with users, builders, and ecosystem partners.
Safe Foundation Token Swap
We completed our token swap with Safe Foundation, further strengthening alignment with one of Velvet’s longest-standing strategic partners.
Velvet Circle on Lolo
We launched the Velvet Circle on Lolo, allowing users and holders to connect at conferences, meetups, and community events around the world.