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Drift Protocol is the first perpetual swap exchange to leverage DAMM. Drift’s DAMM is based on a virtual AMM (vAMM) but differs in that it has a new mechanism that automatically adjusts to recalibrate liquidity in the trading pool based on participant demand and open interest.
Read morePowered by: IDOdarDrift Protocol is the first perpetual swap exchange to leverage DAMM. Drift’s DAMM is based on a virtual AMM (vAMM) but differs in that it has a new mechanism that automatically adjusts to recalibrate liquidity in the trading pool based on participant demand and open interest.
Dec 12, 2023 00:00:00
Dec 30, 2023 00:00:00
ICO Details
Blockchain Network:
Solana
Token Type:
SPL
Category:
Launchpad:
Updating
Token Sale Page:
Rating:
What Is Drift Protocol?
Drift Protocol is the first perpetual swap exchange to leverage DAMM. Drift’s DAMM is based on a virtual AMM (vAMM) but differs in that it has a new mechanism that automatically adjusts to recalibrate liquidity in the trading pool based on participant demand and open interest. As a result, DAMMs have the potential to be more flexible than traditional vAMMs and AMMs, resulting in better capital-efficient order sizing and reduced slippage.
Drift Protocol Unique Features
Roadmap
Q2 – 2021
- Litepaper
- Get support from Solana and Serum.
- Seed fundraiser
Q3 – 2021
- Devnet launch closed
- Launch Devnet
Q4 – 2021
- Launched Mainnet Alpha closed
- Launch Mainnet Full Alpha
- Token launch
Q1 – 2022
- Scheduled to test Trail of Bits
- Stop Loss and Take Profit
- Combined Limit Order Queue v2
Drift Protocol Token Economy
Updating…
Detailed Token Metrics
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Token Distribution
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Token Release Schedule
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Team Members
Updating…