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What is Drift?

Despite the decentralized nature of cryptocurrency, centralized derivatives exchanges still enjoy a notable edge due to their speed, user familiarity, and overall reliability. At present, decentralized exchanges (DEXs) struggle to match this level of operational efficiency. Challenges like high slippage for substantial trades, steep gas fees for cross-chain transfers, and limited liquidity that leads to poor pricing are common issues. Drift aspires to transform this landscape by providing a sophisticated trading experience that mirrors that of centralized platforms while remaining within a decentralized ecosystem. Our dedicated team consists of experienced traders and developers from both the decentralized finance (DeFi) sector and traditional finance, working together to realize this ambitious vision. By harnessing the low-latency features of Solana's blockchain, Drift enables users to manage multiple trading positions using a single pool of collateral. This structure facilitates instant liquidity upon listing and allows for rapid trade execution. When users interact with Drift’s virtual Automated Market Maker (vAMM), they can see the precise prices at which their trades are executed, promoting transparency and efficiency throughout the trading process. In essence, this initiative marks a substantial advancement towards closing the divide between centralized and decentralized trading platforms, thereby enhancing the overall trading experience for users.

What is 1inch?

1inch is the DeFi ecosystem building financial freedom for everyone. We research and develop cutting edge technology that allows our users and partners to realise the potential of decentralized finance, without workarounds or security risks. And we bring the sector together to advocate for compliant DeFi as the future of global finance.

Media

Media

Integrations Supported

Solana

Integrations Supported

AToken
Balancer
Bancor
Birdeye.so
Clipper DEX
CoinGecko
Compound
DODO
Fortmatic
Indexed Finance
Kyber Network
Mesh
Mooniswap
PegasusSwap
QuickSwap
Venly
ZenLedger
mStable

API Availability

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

Free
Free Version

Supported Platforms

SaaS

Supported Platforms

SaaS
Android
iPhone
iPad

Customer Service / Support

Not specified

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

Drift Protocol

Date Founded

2021

Company Website

www.drift.trade/

Company Facts

Organization Name

1inch

Date Founded

2019

Company Website

1inch.com

Categories and Features

DApps

Not specified

DeFi Projects

Not specified

Categories and Features

DApps

Not specified

DeFi Projects

Not specified

P2P Crypto Exchanges

Not specified

Yield Farms

Not specified

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