Ethena Ecosystem

Solana Ecosystem

<p>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.</p>

Ecosystem Development & Trading Rewards

Strategic Participants

Protocol Development

Launch Airdrop

<p>April 16, 2026 - Drift Protocol has raised $147.5M in a Debt round to support user recovery following the April 1 exploit. Tether is proposed to contribute up to $127.5 million and other partners are proposed to contribute $20 million.&nbsp;</p>

Velocity (prev. Drift Protocol)

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

Morningstar Ventures

Moonrock Capital

The Spartan Group

GBV Capital

Waterdrip Capital

Vendetta Capital

Ascensive Assets

Hypersphere Ventures

Blizzard Fund

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Woodstock Fund

Figment Capital

Axia8 Ventures

CoinGecko Ventures

Nexo

Everclear (prev Connext)

Kosmos Ventures

Impossible

Nabais Capital

AVentures DAO

Subsquid

3 Chaps Capital

StakeBorg

Ganesh Swami

Erik Ashdown

Derek Yoo

Aurel Iancu

Delroy Bosco

Alex Smirnov

Batuhan Dasgin

Michael Chen

Etienne

Danish Chaudhry

Alchemy

VBT Yazilim

Pantera Capital

Compound VC

Redpoint

Ribbit Capital

Polychain Capital

Alameda Research

Lightspeed

TokenPocket

OKX Ventures

ABCDE

Bitrise Capital

DWF Labs

QCP Capital

Not3Lau Capital

Jump Capital

Multicoin Capital

Robot Ventures

ROK Capital

Jason Choi

Julian Koh

Loi Luu

Windra Thio

Zhuoxun Yin

Dominic Tsang

Hassan Bassiri

Celia Wan

Anatoly Yakovenko

Raj Gokal

Ethereal Ventures

Folius Ventures

Bixin Ventures

Blockchain Capital

Primitive Ventures

Tether

Solana Foundation

Foundation Capital

Solana Ventures

Ryze Labs (Sino Global Capital)

Mantis VC

Cultur3 Capital

MonkeVentures

Wave7

SkyVision Capital

Justin Kan

Robin Chan

David Grider

Greylock Partners

Mask Network

Delta Blockchain Fund

Puzzle Ventures

Youbi Capital

Incuba Alpha

LucidBlue Ventures

Richard Ma

Bware Labs

Wodo Gaming

Arbitrum

DeBox

Portals

SevenX Ventures

InsurAce

YZi Labs (Prev. Binance Labs)

Crypto.com Capital

HTX Ventures

KuCoin Ventures

Arweave

Harmony

Avatar

GeekCartel

HashKey Capital

Animoca Brands

Fenbushi Capital

Web3Port Foundation

Redpoint China Ventures

Quantstamp

7UpDAO

Ash Crypto

Undefined Labs

GoPlus Security

MH Ventures

Coinbase Ventures

Packy McCormick

Casey Caruso

Paradigm

Vana

Collab+Currency

Parataxis Capital

MZ Web3 Fund

Everest Ventures Group (EVG)

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Name	Total	Unlocked	Locked
Ecosystem Development & Trading Rewards	41%	18.5%	22.7%
Team & Shareholders	22.5%	5.50%	15.5%
Treasury	18%	5.50%	15.5%
Community Airdrop	12.8%	5.50%	15.5%

Velocity (prev. Drift Protocol)DRIFT

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