What is Drift

Article Summary, Automatically Generated By AI

Summary

  • Drift is a fully on-chain perpetual and spot DEX built on Solana.
  • Offers trading with up to 10x leverage.
  • Allows use of a wide range of assets as collateral for greater capital efficiency.
  • No specific numbers or figures mentioned.
  • No case studies, anecdotes, or examples mentioned.

About Drift: Pioneering the Future of Digital Assets

Drift is a fully decentralized, on-chain perpetual and spot decentralized exchange (DEX) built on the Solana blockchain.

The exchange provides traders with the opportunity to engage in pre-launch market trading and trade launched tokens with leverage of up to 10 times their initial investment. Furthermore, beyond stablecoins, traders can utilize a diverse array of assets as collateral, thereby optimizing capital efficiency.

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