- Visit the Drift Protocol dashboard.
- Connect your Solana wallet.
- Now, make trades on the platform.
- Users can do Perpetual and Spot trading.
- Go to “Earn”, click on DLP and provide liquidity to the available pools.
- Users who make spots and perpetual trades and provide liquidity on the platform will get points.
At the application level, Drift Protocol is a decentralized exchange that supports low slippage, low fees, and minimal price impact on all trades.
On-chain exchanges suffer from limitations associated with blockchains—namely, speed and limited computational capacity on-chain.
Porting over existing off-chain centralised exchange infrastructure onto the blockchain results in an inefficient use of blockchains and disincentivises market-maker participation with unfavourable conditions.
Drift has designed & developed an exchange that is robust, computationally efficient, and incentivises market maker participation, as well as liquidity provision.
Learn more by reading the official documentation.