Summary

Drift is a Solana-based perpetual DEX offering high-speed, low-latency trading with cross-margin capabilities and a hybrid orderbook-AMM model. It aims to provide a CEX-like experience while maintaining DeFi composability and self-custody.

Pros

• Wide selection of assets to use as margin (e.g. SOL, mSOL, staked assets)
• Hybrid matching system: combines limit orderbook with virtual AMM

Cons

• Dependent on Solana uptime and network congestion

Stats

Untitled

Future Token Value Model

https://docs.google.com/spreadsheets/d/e/2PACX-1vRTDJ54S6DjAxEZNFDTbf20faS0VXfeYHBeVWVHA6ebFbWv7Q2M0hWBjMHFDMTD5ufTOxIHwhKrJ-xE/pubchart?oid=1888183067&format=interactive