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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 Blocksize?

Blocksize functions as a key provider of market data in the cryptocurrency industry. Given that the crypto sector lacks a standardized tape or universally accepted closing price, the same asset can display different prices across various exchanges at the same time, which can exacerbate discrepancies, particularly when accuracy is essential. Depending on a single exchange’s price presents only a narrow viewpoint, complicating valuation processes, fill reviews, or audits. We aggregate real-time pricing data from over 70 exchanges encompassing more than 9,000 instruments, transforming this data into a unified reference price for each trading pair. Our system continuously filters outliers, and exchanges that stray from the market are temporarily removed until they stabilize. Our detailed methodology is transparently shared for public scrutiny. Moreover, we support the infrastructure necessary for the on-chain delivery of this data across the eight major oracle networks, ensuring that every price we provide adheres to consensus standards before being confirmed. Blocksize is trusted by various asset managers, funds, and family offices for net asset value calculations, fair-value evaluations, and precise reporting. In addition, trading firms and brokers depend on our data as a trustworthy and independent benchmark for execution, highlighting our critical position within the cryptocurrency ecosystem. As the market continues to evolve, our commitment to providing reliable and comprehensive data will remain a cornerstone of our operations.

Media

Media

No images available

Integrations Supported

Aleph
CloudNuro
CryptoTax360°
Flows
Solana
Strategy Overview
WizzCrypto
servis.ai

Integrations Supported

Aleph
CloudNuro
CryptoTax360°
Flows
Solana
Strategy Overview
WizzCrypto
servis.ai

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided
Free Version
Free Trial Offered?

Pricing Information

$49/month
Free Version
Free Trial Offered?

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Drift Protocol

Date Founded

2021

Company Website

www.drift.trade/

Company Facts

Organization Name

Blocksize

Date Founded

2018

Company Location

Germany

Company Website

blocksize.info

Categories and Features

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Drift Reviews & Ratings

Drift

Drift Protocol