Drift

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Drafted from Drift's site and DefiLlama · not yet confirmed by Drift

Drift is a decentralized trading platform built on Solana that offers perpetual futures trading and yield-earning products.

drift.trade@driftprotocol

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Recent activity

  • Sep 23TVL $329M · DefiLlama
  • seen Sep 23Offers up to 16% yield on deposits through optimized yield strategies. · Drift site
    +1 more from Drift site
    • seen Sep 23Supports trading across 40+ markets with up to 20x leverage, and up to 101x on SOL, BTC, ETH perps.

About

Drift allows users to trade perpetual futures across 40+ markets with leverage up to 101x on assets such as SOL, BTC, and ETH. Users can also deposit assets to earn yield, with stated rates of up to 16%. The platform uses any token as collateral and operates with open-source, audited smart contracts. It is aimed at both individual traders and institutional capital.