What is drift on Solana?

Cindy explains that Drift is a perpetual swaps exchange on Solana, offering leverage on-chain while trading futuristic products. She talks about the markets available and highlights the low fees and speed provided by Solana. Drift was founded in 2021 and recently launched its V2.

Is drift a bright spot in the Solana ecosystem?

Version 2 of Multicoin-backed Drift has bigger ambitions than simply derivatives: It seeks to be a one-stop-shop crypto exchange for all the many transaction types DeFi can offer. Many of those services are in short supply in the Solana ecosystem right now, making Drift’s return a potential bright spot.

What is drift protocol?

Drift Protocol is a decentralised exchange, open-sourced and built on the Solana blockchain. Focus on the strategy, and let Drift take care of your position: Perpetual Futures / Swaps - Trade the hottest perp markets with up to 10x leverage. Spot Trading - Trade assets with up to 5x leverage. - Swap any pair with up to 5x leverage.

What is drift & how does it work?

Drift brings on-chain, cross-margined perpetual futures to Solana. Making futures DEXs the best way to trade.