Drift
Drift provides futures and options trading solutions for cryptocurrency markets, offering cross-margin trading support, transparent pricing, liquidity support, and fund transfers. The platform supports trading in Ethereum, Solana, XRP, Binance Coin, and other major cryptocurrencies through perpetual futures contracts. Founded in 2021 and headquartered in the United States, Drift has raised approximately $28.8M in…
Funding snapshot
About
Drift provides futures and options trading solutions for cryptocurrency markets, offering cross-margin trading support, transparent pricing, liquidity support, and fund transfers. The platform supports trading in Ethereum, Solana, XRP, Binance Coin, and other major cryptocurrencies through perpetual futures contracts. Founded in 2021 and headquartered in the United States, Drift has raised approximately $28.8M in Series B funding from investors including Multicoin Capital, Primitive Ventures, Folius Ventures, Blockchain Capital, Jump Capital, and Tether. The company operates as a decentralized perpetual futures exchange built on Solana, enabling traders to take leveraged positions on cryptocurrency prices with on-chain settlement and transparent order matching.
Business model
Cryptocurrencies > Financial Services > Investment Industry > Online Trading Platforms > Futures & Options > DeFi Based > Perpetual Futures
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