Drake

What the CLOB? CLOB stands for Central Limited Order Book. The CLOB’s mission is to minimize slippage by aggregating limit orders to create deep liquidity and narrow bid-ask spreads. Drake leverages the best of both worlds by combining a CLOB and a vAMM to offer fast,…

Drake [drayk] noun /dreɪk/ A fully onchain perp DEX built on Monad that delivers surgical execution at lightening fast speeds. With zero compromise on security, and a native CLOB. Origin: A nod to the astronomer Frank Drake, who quantified the probability of intelligent life…

-Monad native. -only dex live on testnet (soon public) -trade mode on ! - @DrakeExchange market session with @RealmLLC7 full house today!

Sunday check. Today is the perfect time to step away from your multi-screen setup and just log off. There’s only one Sunday in the week. Touch grass.

You can also just trade with tighter spreads. Trading perps on a CLOB allows trades to be executed at the best price, as this type of order book brings full transparency, making orders visible to traders. Perps on Monad.

Gm.

CLOBs, World, Order.

Technically, you can run the world in a single transaction by trading perps on Drake. - 186 validators - 32 countries - 67 cities Give your trade a chance to be validated thousands of kilometers away, in just 0.5s block time. Trade perps on Monad.

Many traders see high perp funding rates as a positive sign of activity. On Drake, low funding rates aren’t a coincidence, they’re the result Drake’s design. Smart traders know that when holding costs shrink, alpha compounds. Low funding rates have a lot of benefits: - Lower…

Gm. Another Monday, another week. What are your plans?

Sunday check. If you’re reading this tweet, you’re probably not doing the right things today. Go outside, touch grass, and come back tomorrow. Happy Sunday.

Higher.

All men are equal until there are no matching orders. Trade perps on Drake.

Drake isn’t just built for the community, it’s built with the community. Incentives are aligned, and fees flow back to the community, not VCs. From the liquidity architecture to token distribution, everything is designed to keep power with the participants, not behind closed…

The future is clear.

15,000x thanks. Over 15,000 users are trading perps on Drake during our private testnet. The public testnet is on its way, and the team wants to ensure you have the best experience possible while trading perps on Drake. If you still don’t have access, drop your EVM address in…

Yeah, so I can forgive basically everything, but the fact that you’ve never traded perps on a CLOB just sounds max rat. Luckily for you, I’m feeling merciful and will give you a chance to grab that mouse and fill your first CLOB order.

Drake doesn’t ship in a vacuum. We build in the open, and we ship based on feedbacks. From the waitlist to the launch, every iteration has been shaped by real traders, not theory. Just relentless execution with users in the loop. Drake evolves with you.