Drift Labs is a Solana-based decentralized exchange focused on providing a seamless and efficient trading experience for perpetual futures, spot trading, and swaps. Founded in 2021, Drift aims to bring a state-of-the-art trader-centric experience from centralized exchanges on-chain. The platform seeks to become the “Robinhood of Crypto,” offering a suite of services that includes spot and derivatives trading, as well as a predictions market. Drift is designed to provide high-speed, low-cost transactions and a user-friendly interface, catering to diverse trading needs and strategies. It provides traders with up to 10x leverage opportunities through perpetual swaps and allows users to borrow and lend blockchain-based assets to earn rewards.
ABOUT DRIFT LABS
Drift Labs is the developer of a decentralized finance platform built on the Solana blockchain.
The platform offers a peer-to-peer marketplace where users can trade cryptocurrencies without the need of an intermediary.
Drift Labs offers features such as on-chain trading with leverage, borrowing and lending, and yield generation.
Drift hosts the largest decentralized perpetual futures exchange on Solana, a robust borrow-lend market with more than $500M TVL, an integrated spot DEX, and a permissionless prediction market.
DRIFT SOLUTIONS
Prediction Market.
Trade on real-world events on Solana's premier prediction market. Earn yield even while you're predicting.
Higher Leverage.
Trade 40+ of the hottest markets with up to 20x leverage. Go up to 50x leverage when you trade SOL, BTC or ETH.
Earn Yield.
Deposit 20+ assets as collateral and earn yield automatically from lending. Earn more yield from staking and market making vaults.
DRIFT FEATURES
Lightning fast speeds.
Drift is built on Solana to leverage its 100 milliseconds finality for seamless trade and yield opportunities.
Cross-margin and yield-bearing system.
Use any token as collateral for trading and earn yield just by depositing.
Access to deep liquidity.
JIT liquidity mechanism ensures orders of any size get filled with near-zero slippage and at the lowest fees.
World class risk management.
Drift protocol has been audited by industry-leading security firms.