Drift Protocol Launches V3 on Solana DApp Store
Drift Protocol, a decentralized derivatives platform, launched Drift V3 on the Solana dApp Store on December 5, 2025. This upgrade enhances trading speed by 10x and introduces gasless trading by default, significantly improving user experience and efficiency on Solana. Recent News Over the past year, Drift has rapidly expanded its Solana-based offerings, raising $25 million in Series B funding in September 2024 to scale its platform and build a "SuperApp" for crypto trading. Drift has also integrated JitoSOL as collateral for perpetual futures, combining staking yield with trading flexibility. Solana's DeFi ecosystem has shown resilient growth, with projects like Drift contributing to a quadrupling of TVL year-over-year. Future Plans Drift aims to extend liquidity, enhance cross-chain collaboration, and scale user adoption further. The protocol’s roadmap includes expanding its derivatives product range and increasing integration within the Solana ecosystem to drive DeFi innovation. Onchain Data TVL: Solana ecosystem TVL surged, with Drift as a key contributor; exact figures for Drift not disclosed. Staking participation: Drift supports staking yield via JitoSOL collateral integration. Community Sentiment Positive — The community appreciates the speed and gasless trading improvements. Comments include "Drift is making trading on Solana much smoother," and "Gasless trading is a game changer for DeFi users." Some users discuss hopes for expanded liquidity and cross-chain features. Risk Disclaimer As the upgraded platform with new tokenomics features can affect token value, users should consider market volatility and project developments carefully before trading. Sources used https://x.com/solana/status/1996741785758961756 https://www.coindesk.com/business/2024/09/19/solana-based-drift-raises-25m-toward-goal-of-becoming-robinhood-of-crypto-report https://medium.com/thecapital/2025s-best-dex-on-solana-platforms-features-insights-943d595fec0a https://medium.com/@azm0th/jitosol-the-1-liquid-staking-token-lst-on-solana-a5e1fe95dc32 https://ekazee.medium.com/solana-ecosystem-2024-thru2025-resilient-growth-record-etfs-and-firedancer-future-4c80a5bda388?source=rss-d53f80d31e36------2
Drift Protocol
December 5

