Drift Protocol protocol
Overview
Drift Protocol operates as a decentralized platform for perpetual futures trading on the Solana blockchain. Its architecture combines a hybrid order book with an automated market maker model, incorporating cross-margin capabilities and a funding rate that adjusts dynamically. The system aims to facilitate derivatives trading with high capital efficiency.
Within The Counterparty graph, Drift Protocol connects to 12 tracked entities, most strongly to Solana, Pyth Network, Pyth Network.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 10 of 12 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Solana | 95% |
provides_price_feed_for | Pyth Network | 90% |
integrates | Pyth Network | 90% |
issued_by | DRIFT | 90% |
competes_with | Jupiter Perpetual Exchange | 85% |
founded | Cindy Leow | 85% |
competes_with | Pacifica | 80% |
integrates | BET | 75% |
covers | Tether Commits $127.5M to Drift Protocol Recovery Plan Following $270M+ Exploit | 70% |
covers | Class Action Lawsuit Filed Against Circle Over Drift Protocol $280 Million Hack: Gibbs Mura Law Group | 70% |
Frequently asked questions
What is Drift Protocol?
Drift Protocol is a protocol tracked in The Counterparty knowledge graph. It is connected to 12 other tracked entities, most strongly to Solana, Pyth Network, Pyth Network.
What type of entity is Drift Protocol?
Drift Protocol is classified as a protocol (protocol) in The Counterparty knowledge graph.
What is Drift Protocol connected to?
In The Counterparty knowledge graph, Drift Protocol is linked to 12 other tracked entities, most strongly to Solana, Pyth Network, Pyth Network.