Despite the decentralized nature of crypto, centralized derivatives exchanges still remain dominant - they're already fast, familiar and reliable.
So far, the DEX trading experience hasn't met that standard. Slippage is high for large orders, transferring funds between platforms is subject to massive gas fees, and low liquidity leads to poor pricing.
Drift’s goal is to bring a state-of-the-art trader-centric experience from centralized exchanges on-chain. We're a team of experienced traders and builders from DeFi and traditional finance working together to make this a reality.