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Drift Protocol
Drift Protocol
drift.trade

Locations

Sydney, NSW, Australia · New York, NY, USA · Sydney NSW, Australia

industry

Blockchain and Crypto · Internet Services

Size

11-50 employees

Stage

Series B

founded in

2021

Drift Protocol offers an on-chain decentralized exchange (DEX) for trading perpetual futures on the Solana blockchain. It features cross-margin trading, allowing users to utilize any token as collateral while earning yield on deposits. The platform is designed for high-speed trading with low fees and deep liquidity, ensuring that orders are filled with minimal slippage. Drift's unique selling proposition lies in its combination of centralized exchange-like performance with the benefits of decentralization, backed by security audits from industry-leading firms. With significant cumulative trading volume and a growing user base, Drift is positioned as a leading player in the decentralized finance (DeFi) space.

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