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Drift Protocol is a Solana-based decentralized exchange offering perpetuals, spot margin trading, and lending with up to 10× leverage. It features a hybrid AMM/orderbook engine, JIT liquidity auctions, cross-collateralization, and an on-chain insurance fund, making it one of the most capital-efficient and composable trading platforms in DeFi.
DRIFT is the governance and utility token of Drift Protocol, used for trading fee discounts, staking in the insurance fund, and voting on protocol upgrades.
DRIFT is available on Bitget, HTX, MEXC, and on-chain via Drift's native DEX and Serum AMM pools on Solana.
Use Phantom, Solflare, or Backpack for Solana-based storage of DRIFT.
Drift offers up to 10× leverage on perps and 5× on spot margin.
JIT (Just-In-Time) liquidity auctions let market makers supply liquidity only when a trade happens, improving execution without locking capital.
It’s an on-chain pool that covers protocol losses from liquidations; stakers earn yield and help backstop user risk.
FUEL is a non-transferable point system earned via trading and referrals, redeemable for exclusive airdrops and beta access.
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