The largest perpetual contract DEX in the Solana ecosystem has just completed a major upgrade, quietly.
Drift Protocol has launched its V3 version, with a core goal that's straightforward—to elevate the on-chain derivatives trading experience to an industry-leading level. Since its launch in 2021, this protocol has processed over $13.5 billion in trading volume, all fully on-chain.
The main upgrade in V3 focuses on the underlying performance architecture. The most obvious change? Order execution speed has increased tenfold. For high-frequency traders, this means a qualitative leap in slippage control and trade certainty.
On-chain perpetual contracts have always been competing with CEXs on speed and depth, and it's clear that the pace of technological iteration hasn't slowed down.
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GateUser-edffa340
· 26m ago
Stop hyping it up—just pump the token price first. It's already dropped to shit.
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GateUser-6bc33122
· 5h ago
10x speed boost? Is Drift running a marathon or sprinting?
Faster execution means less slippage, so high-frequency traders can go all in with confidence now.
On-chain protocols are gradually catching up with CEXs; it really feels like the ecosystem is moving.
With $135 billion in trading volume as a foundation, this V3 update is impressive.
To be honest, the improvement of on-chain derivatives experience should have been prioritized long ago.
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Rekt_Recovery
· 12-04 22:50
10x execution speed? ngl that's the kinda copium i needed after getting liquidated on some degen leverage play last week lmao. drift actually moving though, not just talk
Reply0
ProofOfNothing
· 12-04 22:49
Is Drift v3 really ten times faster? If they can actually control the slippage, I’ll be impressed.
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DegenDreamer
· 12-04 22:47
Huh, Drift V3 with 10x speed right out of the gate? High-frequency traders are going to love this.
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135 billion in trading volume all happening on-chain, that's just insane.
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How much better is the slippage going to get, or is it still the same old story of retail getting rekt?
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Finally, someone is pushing DEX speed up—should have happened a long time ago.
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On-chain contracts are still struggling to catch up with CEX, honestly.
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10x? Feels like another hype play, I'll wait until I try it myself.
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The Solana ecosystem is up to something again—maybe this time it's for real.
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LiquidatedAgain
· 12-04 22:40
Here comes 10x speed again? Last time I got liquidated because I couldn't keep up with the slippage. Can I save my principal this time...
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wrekt_but_learning
· 12-04 22:40
10x speed boost? Now high-frequency players are going to take off, and the slippage bloodbath era has arrived.
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SignatureVerifier
· 12-04 22:23
ngl, 10x speed bump sounds nice on paper but where's the actual audit trail? drift's been around long enough that rushed upgrades are... questionable at best. technically speaking, velocity improvements often hide implementation corners they shouldn't have cut.
The largest perpetual contract DEX in the Solana ecosystem has just completed a major upgrade, quietly.
Drift Protocol has launched its V3 version, with a core goal that's straightforward—to elevate the on-chain derivatives trading experience to an industry-leading level. Since its launch in 2021, this protocol has processed over $13.5 billion in trading volume, all fully on-chain.
The main upgrade in V3 focuses on the underlying performance architecture. The most obvious change? Order execution speed has increased tenfold. For high-frequency traders, this means a qualitative leap in slippage control and trade certainty.
On-chain perpetual contracts have always been competing with CEXs on speed and depth, and it's clear that the pace of technological iteration hasn't slowed down.