Solanaโs Drift Protocol has launched v3 on December 2, 2025, enhancing trade speeds by tenfold, as announced during a live townhall hosted by co-founders Cindy and David.
The upgrade signifies a major leap in on-chain trading efficiency, potentially boosting liquidity and user adoption across Solanaโs DeFi landscape, specifically impacting DRIFT and SOL token markets.
Drift Protocol on Solana has launched its third version, offering a significant enhancement in trading speed.
The latest version of Drift Protocol focuses on increasing trade execution speed by tenfold, aiming to meet the high performance standards of centralized exchanges.
Drift V3 Boosts Trading Speed by 10x
Drift Protocol on the Solana blockchain has introduced its third version, bringing a remarkable increase in trade execution speed. The co-founders, Cindy and David, presented this upgrade during a recent town hall event.
The launch focuses on enhancing trade execution, achieving a 10x increase in speed, and aims to replicate centralized exchangesโ performance. Over 50% of Driftโs tokens are allocated to the community, reflecting its community-driven approach.
Community Applauds Driftโs Speed Enhancement
The protocolโs technological enhancement is garnering positive reactions from the community, especially on Twitter and Discord channels. Drift supports multi-asset collateral, indicating substantial liquidity and a stable Total Value Locked (TVL).
Increased trade speed could improve the financial health of Solanaโs DeFi ecosystem by attracting more participants. Historical trends suggest that reliable protocol improvements lead to higher trading volumes and asset liquidity.
Solanaโs Competitive Edge Strengthened by Upgrades
Similar upgrades within Solana and other DeFi projects have historically resulted in significant upticks in activity. Protocols on Solana have consistently evolved to offer better speed and efficiency, mirroring broader industry trends.
Experts at Kanalcoin note that these improvements could bolster Solanaโs position in the competitive blockchain landscape. Enhanced network performance through strategic upgrades aligns with community aspirations for decentralized financial innovation.
โOur vision for Drift v3 is to enhance the on-chain trading experience, making it closer to centralized exchanges with 10x faster trade execution.โ โ Cindy, Co-Founder, Drift Protocol, Drift Townhall Event
| Disclaimer: This website provides information only and is not financial advice. Cryptocurrency investments are risky. We do not guarantee accuracy and are not liable for losses. Conduct your own research before investing. |