Drift Protocol is a permissionless derivatives marketplace built for speed, capital efficiency, and composability. Open a position in seconds, leverage responsibly, and tap deep on-chain liquidity — all while maintaining full custody of your assets.
Use a single collateral pool to support multiple positions, reducing idle capital and minimizing funding costs. Dynamic liquidity allocations adapt to market demand for tight spreads and lower slippage.
All pricing, funding, and risk parameters are on-chain and auditable. Price oracles and oracle aggregation ensure robust feed inputs to minimize manipulation.
Protocol primitives are available as composable smart contracts. Build strategies, hedges, or automated market makers on top of Drift for bespoke derivatives products.
Drift runs a set of coordinated on-chain modules designed to minimize settlement friction while preserving capital efficiency and security. The platform is split across three simple layers.
A governance token aligns stakeholders and funds development. Liquidity mining programs bootstrap early pools, while protocol fees are redistributed to stakers and treasury according to a transparent schedule.
Governance: Token holders vote on risk parameters, listing new markets, and treasury allocation.
Security is foundational. Drift employs layered defenses including modular contract design, multisig governance, oracle redundancy, and continuous monitoring. All major releases are audited by independent firms and bug bounties are active.
Responsible Disclosure: We incentivize researchers to report issues through an open program — safety first.
A distributed team of traders, protocol architects, and open-source engineers build Drift. The community contributes models, integrations, and market-making strategies — governance meetings and regular town halls keep the roadmap inclusive.