Drift is constructing a decentralized perpetual protocol utilizing the dynamic vAMM (DAMM) mechanism on Solana. Drift V2, introduced in mid-2022, has quickly risen to the top 5 perps in terms of TVL, thanks to its innovative hybrid liquidity solution.The protocol provides various derivative markets, including perps, spot, lending, etc.

Ecosystem Development and Trading Rewards

Launch Airdrop

Protocol Development

Strategic Participants

The fundraise will be directed towards expanding Drift’s product lines as well as building out further infrastructure that will bring more users and liquidity into the ecosystem, with the goal of being the largest perpetuals venue in all of crypto. Despite market challenges, Drift is consistently pushing all-time highs for volume, open interest, TVL and user metrics.

Drift Protocol

Drift Protocol brings on-chain, cross-margined perpetual futures to Solana.

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Monad

Anatoly Yakovenko

Polychain Capital

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Ethereal Ventures

Raj Gokal

Loi Luu

Zhuoxun Yin

Windra Thio

Celia Wan

Dominic Tsang

Hassan Bassiri

Alameda Research

Multicoin Capital

Jump Capital

Robot Ventures

QCP Capital

Jason Choi

ROK Capital

Julian Koh

Not3Lau Capital

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