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.

Start:

Dec 12, 2023 00:00:00

Ended:

Dec 30, 2023 00:00:00

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ICO Details

ICO Details
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Drift Protocol Token Sale Details
Blockchain Network:

Solana

Token Type:

SPL

Launchpad:

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Token Sale Page:

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About Drift Protocol

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

Drift Protocol Unique Features
Drift Protocol Unique Features
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

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Detailed Token Metrics

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Token Distribution

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Token Release Schedule

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Team Members

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Investors

Investors
Investors
 Jump Capital, Alameda Research, Multicoin Capital, LedgerPrime, Robot Ventures, QCP Capital, Not3Lau Capital, Rok Capital