What is Drift Protocol
Drift Protocol is a decentralized exchange (DEX) developed on the Solana blockchain, offering transparent and non-custodial cryptocurrency trading.
Join the Airdrop
27.3M USDT

Drift Protocol

  1. Go to the Drift Protocol website.
  2. Connect your wallet.
  3. Participate in Spot Trading;
Suggestion: Target a minimum of $1000 in both buying and selling volume. If your funds are limited, consider multiple swaps.
  1. Interact with Perpetual Trade;

Note: To minimize risks, use low leverage, especially if you're concerned about liquidation. Manage your trades carefully to reduce losses or secure profits. While high leverage can be lucrative, it comes with the risk of significant losses and should be approached cautiously unless you're experienced. You can also open a hedge position on ZetaMarkets, which allows you to preserve funds through hedge positions and qualify for potential ZetaMarkets Airdrop.

  1. Participate in Lend and Borrow;

Example: lend 2 SOL if you have 5 SOL deposited. Similarly, borrow assets, but it's advisable to limit borrowing to about 50% of your deposited amount. Borrowing the same type of asset can minimize liquidation risks.

  1. Engage in Staking;

  2. Provide Liquidity;

What is Drift Protocol?

Drift Protocol is a decentralized exchange (DEX) developed on the Solana blockchain, offering transparent and non-custodial cryptocurrency trading. By depositing collateral into Drift Protocol, users gain the ability to engage in various activities, including trading perpetual swaps with leverage up to 10x, participating in borrowing or lending with variable rate yields, staking/providing liquidity, and swapping spot tokens.

Why do we need to choose Drift Protocol?

  • Innovative DAMM Mechanism: Drift Protocol's DAMM stands out for its inventive design, offering a trading experience that is more efficient and stable compared to traditional AMMs.

  • Cross-Margined Positions:Traders can leverage their holdings up to five times, providing increased potential returns and flexibility in trading strategies.

  • Commitment to User-Friendly Experience: Drift Protocol is dedicated to providing a smooth and user-friendly interface, ensuring accessibility for a broad range of traders.

  • Anticipated Token Launch: The upcoming token launch is expected to open up new growth opportunities and encourage engagement within the Drift Protocol ecosystem.

As the Solana ecosystem thrives, Drift Protocol emerges as a promising contender, positioned to capture a significant market share with its unique approach to decentralized finance.

See More
Join the Airdrop Next Airdrop
You may also like
$1000-$5000 | $10-$100
zkSync Era is a Layer-2 protocol that scales Ethereum using advanced ZK technology. Its goal is not just to increase Ethereum's bandwidth, but to fully preserve its fundamental values - freedom, self-sovereignty, decentralization - at scale.
$1000-$5000 | $10-$100
StarkNet is a permissionless, decentralized Validity-Rollup (or "ZK-Rollup") network that runs as a secondary network on top of Ethereum.
$500-$2000 | $10-$30
Zora is an incredible project which combines an NFT marketplace, publishing platform and an Ethereum Layer-2 network.
$1000-$3000 | $10-$50
Linea is a type 2 zero knowledge Ethereum Virtual Machine (zkEVM). A zkEVM replicates the Ethereum environment as a rollup and allows developers to build on it as they would on Ethereum mainnet.
Your ads can be here
$1000-$3000 | $10-$50
Base is a Layer 2 solution built by Coinbase on Ethereum using the OP stack in collaboration with Optimism, providing a foundation for Coinbase's 100 million users to enter DeFi.
OpenSea is a leading (NFT) marketplace that offers users the ability to buy, sell, create, and trade NFTs and has established itself as the largest marketplace for user-owned digital items and continues to hold that position to this day.
$500-$2000 | $10-$50
Polygon zkEVM is a Layer 2 scaling solution for Ethereum that leverages the power of zero-knowledge proof scaling while maintaining Ethereum compatibility, similar to zkSync and Linea.
$100-$1000 | $5-$20
Orbiter Finance serves as a decentralized bridge for facilitating the seamless transfer of Ethereum-native assets across various Layer 2 solutions. This infrastructure provides fast and cost-effective transfers.
$100-$1000 | $5-$20
Li.Fi is a company that has created a bridge for exchanges between different blockchains and a platform that connects decentralized exchanges (DEX).
$100-$1000 | $50-100
Swell is a non-custodial liquid staking protocol that aims to provide the most exceptional liquid staking experience globally.
$100-$1000 | $50-100
Ether.fi is a decentralized staking platform that allows users to earn rewards by delegating their staking to node operators.
$100-$1000 | $5-$20
Mint.fun serves as an NFT minting aggregator that enables users to create NFTs on several blockchain networks such as Base, Optimism, Zora, and Ethereum.
$500-$1000 | $10-$50
Arbitrum Nova is a relatively recent Layer 2 Scaling Solution with a primary focus on enhancing Ethereum's capabilities. Nova aims to significantly increase the speed and efficiency of transactions on the Ethereum.
$200-$1000 | $50 - $100
EigenLayer is an innovative protocol operating on the Ethereum blockchain, and it brings forth the concept of "restaking."
$100-$1000 | $0-$10
Lens Protocol is a widely recognized platform that operates as a social graph system serving various social applications like YouTube and Twitter.
Rage Trade is a decentralized protocol situated on the Arbitrum and LayerZero platforms, serving as a source for a versatile Ethereum perpetual contract with 10x leverage.
Aztec Network stands as the inaugural private ZK-rollup on the Ethereum network, functioning as a privacy engine that empowers decentralized applications (DApps) to access privacy and scalability.
Farcaster is an innovative decentralized protocol that serves as a foundational element for the development of user-oriented social applications, emphasizing individual control over their data.
Socket is a protocol facilitating secure and efficient data and asset transfer between various blockchain networks.
Brine Finance is a prominent cryptocurrency order book designed by traders, offering decentralized, gasless, and instant trading across multiple blockchains.