davo | drift
@davijlu
Chief janitor @DriftProtocol | Half a lawyer (not yours) | ex VC guy & crypto prop trader
Drift's immediate plan is to be the best decentralised derivatives platform. Built on @solana at the L1 level to harness the global atomic state machine. No rollups or isolated environments. The benefit is asset availability. Drift is the only cross-margin perps DEX and this is…
🧑💻 Hiring a Senior Data Analyst at @DriftProtocol! Help us turn raw on-chain trading data into strategy, insights, and growth. You'll be working with product, eng, and founders to build dashboards, understand user behavior and shape one of the top DeFi protocols on Solana.…
Internet Capital Markets are being built on Solana. Drift co-founder @crispheaney teamed up with @aeyakovenko, @MaxResnick1, @buffalu__, @Austin_Federa & @KyleSamani to craft the ICM roadmap. Here's what a backend offering liquid, low-latency, and trustless trading means for…
Revenue means you can start backing into numbers. Which many don’t want obviously 🤣
crypto founders be like
DoubleZero is all about pushing the limits of what's possible and removing barriers holding blockchains back -- like reliance on the public internet. I'm thrilled to be working with @anza_xyz, @jito_labs, Firedancer, @DriftProtocol, and the @solana Foundation to make the dream…
1/ Solana is taking major steps towards becoming the home of internet capital markets. 🧵👇 Upcoming changes are designed to give developers ALL the tools they need to build efficient, liquid markets on-chain.
The all-star cast of @solana putting their heads together for Internet Capital Markets. Watch this space 🔥
🚨BREAKING: @Solana co-founder @aeyakovenko, @MaxResnick1 and others have co-published the Internet Capital Markets Roadmap, outlining plans to enable fully on-chain, low-latency trading. The roadmap centers on Application-Controlled Execution (ACE), which gives apps control…
Can confirm — sneak peek attached. Unique & cheapest trade across all exchanges. Huge props to the Drift team, you crushed it. Big thanks for the incredible work, @cindyleowtt @davijlu @crispheaney @bigz_Pubkey @airtightfish and team♥️
You know the top is in when your law firm is pitching you digital asset treasury companies.
Are there any CPA holders who would fancy a hybrid finance/ops + ecosystem with @DriftFDN? You'd run operations and finance for Foundation but also play a key role in supporting projects who are building on @DriftProtocol to develop operational best practices. Experimental…
gm Solana 🌞 Check out some heat coming out of our SOL-PERP market: - 24h Volume: $223.27M - Open interest: $205.38M - Avg Fill vs Oracle difference: ~3.9 bps And, all this activity... - Without zero fees - any incentive/rewards program. Trade where the action’s at:…
Some people here paid a f*** tonne of fees ☠️
YTD solana perp volume evolution 👀 purple hungry
I don't understand why people think zero trading fees = incentives. There are ways to generate alternate sources of fees (e.g PFOF, spreads, AMM positions) that don't involve a transaction fee with the user. Arguably a trading fees at POS represents a speed bump and barrier to…
the introduction of Drift Institutional was a juicy one it's clear that @DriftProtocol making 10x in volumes lately proves that Almost $1B in trading every day chat are you fading?
Drift volume has 10x’d over the past few weeks. We’re regularly clearing over $800M a day, with open interest >2x to $400M, making us the second largest perp DEX by OI. What’s been happening under the hood? 1. Our protocol-owned AMM is now highly competitive. There’s been a…
An under appreciated fact is that @DriftProtocol hit its latest ATH milestones with zero incentives in place.
.@jito_sol x @DriftProtocol is going to be the winning narrative. Programmed.
"With Plugins, a Solana perps DEX could implement taker speed bumps, for instance, a feature that has been important in Hyperliquid’s success." @jito_sol is coming for @HyperliquidX blockworks.co/news/jito-upgr…
Check avg price gud avg price "Smart" acquisitions doing their thing
We embrace the hate and use that to power our ships 🚢 The most satisfying rally is a hated one.
.@_ryanrconnor makes the case for a contrarian bet on Drift relative to Hyperliquid. If Solana becomes useful for market makers and the chain can handle Hyperliquid style throughput it makes for some interesting competition. What do we think?
Jito 🤝 Drift will be integrated on BAM The on-chain trading experience on Solana is about to ramp up with BAM going live! This is how Solana wins.
Introducing BAM: The Block Assembly Marketplace that revolutionizes how Solana processes transactions. Private. Transparent. Verifiable. This is how Solana wins ⬇️
