Drift Protocol

Drift brings on-chain, cross-margined perpetual futures to Solana, making future DEXs the best way to trade. Drift Protocol is an open-sourced decentralised exchange built on the Solana blockchain, enabling transparent and non-custodial trading on cryptocurrencies. Depositing collateral into Drift Protocol allows one to: trade perpetual swaps with up to 10x leverage, borrow or lend at variable rate yields, stake / provide liquidity, swap spot tokens

Key Info

drift.trade
2021 Founded
3.80M Total Funding Raised
Korea
13 Employees
Whitepaper
Careers
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@driftprotocol
Discord

Credibility

Github Verified

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Activity Timeline

Raised
$25.00M

from
Multicoin Capital
, Blockchain Capital
, Primitive Ventures
, and Folius Ventures
.
Sep 19, 2024
Raised
$23.50M

from
Polychain Capital
, Bixin Ventures
, Folius Ventures
, Ethereal Ventures
, Raj Gokal
, and Anatoly Yakovenko
.
Jan 23, 2024
Raised
$3.80M

from
Jason Choi
, Dominic Tsang
, ROK Capital
,
, Loi Luu
, Robot Ventures
, Windra Thio
, Not3Lau Capital
, Alameda Research
, Multicoin Capital
, QCP Capital
, Jump Capital
, Julian Koh
, Zhuoxun Yin
, and Celia Wan
.
Oct 26, 2021

Team

Investments

Round	Amount Raised	Date	Investors
Series B	Raised $25,000,000	Sep 19, 2024	Multicoin Capital Blockchain Capital Primitive Ventures Folius Ventures
Series A	Raised $23,500,000	Jan 23, 2024	Polychain Capital Bixin Ventures Folius Ventures Ethereal Ventures Raj Gokal Anatoly Yakovenko
Seed	Raised $3,800,000	Oct 26, 2021	ROK Capital Robot Ventures Not3Lau Capital Alameda Research Multicoin Capital QCP Capital Jump Capital Jason Choi Dominic Tsang Loi Luu Windra Thio Julian Koh Zhuoxun Yin Celia Wan