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| 1 Year | 5 Year | 5 Year Annualized | Since IPO | |
|---|---|---|---|---|
| DRIFT | -88.14% | N/A | N/A | -66% |
| S&P | +11.79% | +73.73% | +11.67% | +29% |
Drift Protocol operates as a decentralized platform on the Solana blockchain for trading cryptocurrencies, particularly focusing on perpetual swaps. It offers features that support leveraged trading and other financial activities in a non-custodial manner. The creators, Cindy Leow and David, developed Drift Protocol to blend the functional benefits of centralized trading systems with the transparency and community-driven approach of decentralized finance.
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