PANews reported on December 4th that Drift, the perpetual contract trading platform within the Solana ecosystem, has launched a major upgrade, Drift v3. Thanks to a rebuilt backend system, the new version increases transaction execution speed by 10 times. The Drift team stated that approximately 85% of market orders in v3 are executed within half a second, liquidity is significantly enhanced, and slippage for large transactions is reduced to approximately 0.02%, aiming to make on-chain derivatives trading smoother and more stable for everyday users. Going forward, Drift will address issues such as automatic signatures, convenient deposits, and independent margin, and will eventually launch a mobile application. The team is also testing a new Drift liquidity provider pool, making it easier for users to provide liquidity for perpetual contracts and the spot market and earn yield.PANews reported on December 4th that Drift, the perpetual contract trading platform within the Solana ecosystem, has launched a major upgrade, Drift v3. Thanks to a rebuilt backend system, the new version increases transaction execution speed by 10 times. The Drift team stated that approximately 85% of market orders in v3 are executed within half a second, liquidity is significantly enhanced, and slippage for large transactions is reduced to approximately 0.02%, aiming to make on-chain derivatives trading smoother and more stable for everyday users. Going forward, Drift will address issues such as automatic signatures, convenient deposits, and independent margin, and will eventually launch a mobile application. The team is also testing a new Drift liquidity provider pool, making it easier for users to provide liquidity for perpetual contracts and the spot market and earn yield.
Solana's DeFi protocol Drift has launched version 3, increasing transaction speed by 10 times.
PANews reported on December 4th that Drift, the perpetual contract trading platform within the Solana ecosystem, has launched a major upgrade, Drift v3. Thanks to a rebuilt backend system, the new version increases transaction execution speed by 10 times. The Drift team stated that approximately 85% of market orders in v3 are executed within half a second, liquidity is significantly enhanced, and slippage for large transactions is reduced to approximately 0.02%, aiming to make on-chain derivatives trading smoother and more stable for everyday users. Going forward, Drift will address issues such as automatic signatures, convenient deposits, and independent margin, and will eventually launch a mobile application. The team is also testing a new Drift liquidity provider pool, making it easier for users to provide liquidity for perpetual contracts and the spot market and earn yield.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Essential Guide: Bithumb’s POL Suspension for Crucial Network Upgrade
BitcoinWorld Essential Guide: Bithumb’s POL Suspension for Crucial Network Upgrade Attention Polygon users on Bithumb: The South Korean exchange has announced a temporary halt for POL token transactions. Starting December 9th, you cannot deposit or withdraw POL. This Bithumb POL suspension supports a vital network upgrade. But what does this mean for your assets, and how should you prepare? Let’s break it down. Why is […] This post Essential Guide: Bithumb’s POL Suspension for Crucial Network Upgrade first appeared on BitcoinWorld.
Share
bitcoinworld2025/12/05 11:25
Fed Acts on Economic Signals with Rate Cut
In a significant pivot, the Federal Reserve reduced its benchmark interest rate following a prolonged ten-month hiatus. This decision, reflecting a strategic response to the current economic climate, has captured attention across financial sectors, with both market participants and policymakers keenly evaluating its potential impact.Continue Reading:Fed Acts on Economic Signals with Rate Cut
Share
Coinstats2025/09/18 02:28
What The CHESS, DF, GHST Hold-Up Means For You
The post What The CHESS, DF, GHST Hold-Up Means For You appeared on BitcoinEthereumNews.com. Binance Suspends Deposits: What The CHESS, DF, GHST Hold-Up Means For You Skip to content Home Crypto News Binance Suspends Deposits: What the CHESS, DF, GHST Hold-Up Means for You Source: https://bitcoinworld.co.in/binance-suspends-deposits-chess-df-ghst/
Share
BitcoinEthereumNews2025/12/05 11:24