Drift
About
Empower your trading with leverage and dynamic DeFi opportunities for perpetual crypto swaps.
On-chain perpetual swaps are crypto derivatives without expiration, enabling indefinite leveraged trading on asset price movements. Traders borrow from others who earn yield, with a funding rate balancing prices between longs and shorts. Users deposit collateral, select leverage, and trade long or short positions, with profits or losses linked to position size. Integral to DeFi, they offer dynamic opportunities and risks on platforms like GMX and Drift.
Use Cases
High-Leverage Crypto Trading
Traders utilize up to 101x leverage on SOL-PERP and BTC-PERP to maximize profitpotential in volatile markets.
Cross-Margin Collateral Trading
Users can deposit 20+ different assets as collateral, enabling flexible margintrading across multiple tokens.
Yield Earning on Deposited Assets
Investors earn yield by depositing their crypto assets as collateral in Drift'syield-bearing system.
Low Slippage, Fast Execution DEX Market
Active traders benefit from Drift's near-zero slippage and fast transactionfinality on Solana for efficient trading.
Key Features
Web3 and Crypto Integration
- Drift Protocol is a decentralized exchange (DEX) built on the Solanablockchain.
- It offers perpetual swaps and spot trading with up to 10x leverage.
- Drift is designed to overcome the inefficiencies of traditional on-chainexchanges.
- The platform enables high-performance, capital-efficient trading of crypto.
- Drift supports cross-margin and a yield-bearing system, allowing users to earnyield by depositing tokens as collateral for trading.
Key Features and Benefits
- Offers up to 20x leverage on some markets and up to 50x on SOL, BTC, and ETHperps.
- Users can earn yield from lending, staking, and market-making vaults.
- The platform utilizes a JIT liquidity mechanism for near-zero slippage and lowfees.
- Drift has undergone audits by security firms like Trail of Bits and Neodyme.
- Drift's Insurance Fund helps maintain solvency by acting as a backstop forbankruptcies.
(Cofounder)
Cindy Leow
(Cofounder)
David Lu
Website
drift.trade
$900M+
Total Value Locked (TVL)
$70B+
Cumulative Trading Volume
