Drift Protocol

Drift Protocol

Drift Protocol is a decentralized, fully on-chain perpetual swap exchange built on Solana. Drift Protocol is the first perpetual swap exchange to leverage a Dynamic AMM. A Dynamic AMM is based on a virtual AMM (vAMM), but it's key innovation is that it introduces repegging and adjustable k mechanisms to recalibrate liquidity in a trading pool based on participant demand.

  • Airdrop

About Drift Protocol

Drift Protocol is a decentralized, fully on-chain perpetual swap exchange built on Solana. Drift Protocol is the first perpetual swap exchange to leverage a Dynamic AMM. A Dynamic AMM is based on a virtual AMM (vAMM), but it’s key innovation is that it introduces repegging and adjustable k mechanisms to recalibrate liquidity in a trading pool based on participant demand.

Drift Protocol has raised $27.3M in funding from investors like Multicoin Capital and Jump Capital. They don’t have their own token yet but have launched a points system. Users who make trades and provide liquidity on the platform will get points. Users who collect points may get an airdrop based on their points if they launch their token.

Step-by-Step Guide:

  1. Visit the Drift Protocol dashboard.
  2. Connect your Solana wallet.
  3. Now, make trades on the platform.
  4. Users can do Perpetual and Spot trading.
  5. Go to “Earn”, click on DLP and provide liquidity to the available pools.
  6. Users who make spots and perpetual trades and provide liquidity on the platform will get points.
  7. They don’t have their token yet but users who collect points may get an airdrop based on their points if they launch their token.
  8. Please note that there is no guarantee that they will do an airdrop to the early users of the platform. It’s only speculation.

You’re interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!