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How it Works

Velocity Markets lets you trade positions on Formula 1 race outcomes.

1. Connect Your Wallet

Start by connecting your Solana wallet (Phantom, Solflare, etc.). You'll need some SOL/Devnet tokens to trade. No registration required – your wallet is your account.

Screenshot showing how to connect your wallet in the navbar

2. Trade Positions

Browse active races and select a driver. Buying a position adds to the pool. The earlier you buy, or the less popular a driver, the higher your locked multiplier.

Screenshot showing how to browse races and trade positions

3. Win & Settle

After the race concludes, only the top 10 finishers score. Around 92% of the pool is paid out to those winners based on position points × their locked multiplier and stake.