Drift Labs

Drift Labs has had a stellar 2024, raising $25m, dropping $DRIFT, driving the @Solana DeFi bull run and tapping into #predictionmarkets. I talked to co-founder @cindyleowtt last month to learn more about their #Web3 secret sauce. https://lnkd.in/gfUuT7na #superapp #drift #solana #solanadefi

Drift will be in Seoul! ???? Dec 11, 6PM - 10PM. Discover Drift and Solana DeFi in Seoul: Join Drift for an unforgettable evening of insights, connection, and celebration, brought to you in collaboration with the Solana Foundation, Sharding Capital and Fragmetric. RSVP Now: https://lu.ma/qhcvvbpg

Breakpoint'24 was magical ? Can't wait for Breakpoint'25 - Abu Dhabi ????

Near-death experiences, black swans, and survival mode. ?? Listen to?Anatoly Yakovenko & Raj Gokal?share how Solana survived and thrived since its inception.

Supercars, Fundraise, and the Future of Drift. Breakpoint and TOKEN2049 were off the charts this year. Drift went all out to connect with its community—users, traders, partners, and everyone in between: 1?? Drift Supercars ??? If you were in Singapore or on CT, you definitely spotted Drift Lambos! Rides were given to Drift's biggest traders and supporters as a big thank you for being part of Drift's growth! 2?? Drift Lounge & Drift Diner ?? Those who visited the Drift Lounge @ Breakpoint or had lunch at the Drift Diner mentioned that they've been using Drift since 2021! Each Breakpoint has been a new chapter in Drift's story, and it was great meeting the Day Ones. 3?? Unveiling Drift’s Vision ?? At Breakpoint, Drift announced the $25 million Series B led by Multicoin Capital to fuel Drift's vision of building the fastest, most integrated DeFi ecosystem. What's next for Drift? ? Leveling up the core perps experience? ? Boosting liquidity ? Scaling BET - Drift’s native prediction market A huge shoutout to Ann Irvina Ravinther, Luke Steyn, Pearce, and the rest of the crew for making this Breakpoint the biggest one yet for Drift!

Supercars, Fundraise, and the Future of Drift. Breakpoint and TOKEN2049 were off the charts this year. Drift went all out to connect with its community—users, traders, partners, and everyone in between: 1?? Drift Supercars ??? If you were in Singapore or on CT, you definitely spotted Drift Lambos! Rides were given to Drift's biggest traders and supporters as a big thank you for being part of Drift's growth! 2?? Drift Lounge & Drift Diner ?? Those who visited the Drift Lounge @ Breakpoint or had lunch at the Drift Diner mentioned that they've been using Drift since 2021! Each Breakpoint has been a new chapter in Drift's story, and it was great meeting the Day Ones. 3?? Unveiling Drift’s Vision ?? At Breakpoint, Drift announced the $25 million Series B led by Multicoin Capital to fuel Drift's vision of building the fastest, most integrated DeFi ecosystem. What's next for Drift? ? Leveling up the core perps experience? ? Boosting liquidity ? Scaling BET - Drift’s native prediction market A huge shoutout to Ann Irvina Ravinther, Luke Steyn, Pearce, and the rest of the crew for making this Breakpoint the biggest one yet for Drift!

Today, I'm excited to announce our $25M Series B round for Drift Labs, with total funding at $52.5M to date I founded Drift with David L. in 2021 with the mission to be the best decentralized trading platform in crypto. Since then, Drift has now processed >$50 billion in trading volume, with $500m deposits across 200,000 users Thank you Fortune for the coverage especially wrt highlighting that Drift is female-led - something I'm extremely proud about!

Drift's biggest ship this cycle: The most capital-efficient prediction markets

Calling all buildooors ?? Enter the Colosseum arena. Register now: https://lnkd.in/d4hPxsGv

BET by Drift Labs is built to be the first capital-efficient prediction market on Solana and the ecosystem's answer to Polymarket. Capital efficiency is a differentiator for two reasons. 1. You can trade with any collateral that is available on Drift. Unlike other platforms where you can only interact with USDC, Bet allows you to trade with any asset. SOL, JTO, JUP, CLOUD, KMNO, PYTH, W can ALL be used as collateral. 2. You can earn while you BET. All deposits will be able to collect yield as part of Drift's cross-margin system. For instance, PYUSD is yielding approximately ~20% at the time of writing this post. Imagine placing your Bet for the 2024 election and able to earn a yield on it while you are locked in that position. You can do more with your collateral. Ultimately, BET is going to be more than just election markets. It is going to represent capital markets for truth