Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => DeFi tokens => Topic started by: Mega Mind on May 16, 2024, 04:16:04 PM

Title: My journey from Bitcoin day trading to DeFi and the Drift Protocol discovery.
Post by: Mega Mind on May 16, 2024, 04:16:04 PM
I used to be really into Bitcoin day trading, but it was a lot of stress, and I was always glued to the charts. I tried futures trading for a while, which was a bit better, but what really sparked my interest was when I started exploring different blockchains and decentralized exchanges (DEXs).

One DEX I've been using a lot lately is Drift Protocol. I remember when they first launched on Solana, and it's been incredible to see how much they've grown. They have a ton of liquidity now, and their trading volumes are really impressive. What I like most about Drift is their dynamic AMM. It's a lot more efficient than the traditional AMMs I've used on other DEX.

They recently released a bunch of new features like spot and margin trading, and they even have a decentralized order book now. It seems like they're constantly innovating and improving the platform.