ChainCatcher news, according to data from RootData, the Drift Protocol token (DRIFT) has increased by 90.09% in the last 24 hours, currently priced at $0.929.Additionally, the Web3 asset data platform RootData shows that Drift Protocol is an on-chain asset trading center based on Solana, offering services such as Perps and prediction markets.

ChainCatcher news, Multicoin Capital co-founder Kyle Samani posted on X: "Since 2019-2020, we have been seriously analyzing DeFi derivatives, and we believe that Drift Protocol is the best protocol to seize this opportunity. We have led multiple rounds of private financing and have been buying in the public market since the launch of the DRIFT token in May."

ChainCatcher message, Solana announced on X that the Solana ecosystem DEX derivatives platform Drift Protocol has launched the prediction market B.E.T on Solana. Currently, this market is centered around the U.S. elections, and in the future, it will include sports (F1, CryptoFightNight), cryptocurrencies, and culture (Solana debate outcomes).It is reported that Drift plans to build a fully permissionless market through governance later this year, while enhancing the user experience of the prediction market. B.E.T trading will enjoy 2 weeks of 5x FUEL rewards. FUEL is Drift's reward program.

ChainCatcher news, RWA protocol Ondo Finance announced on social media that its yield-bearing stablecoin USDY is now available as collateral on the Solana-based perpetual contract protocol Drift Protocol.In addition, users can also deposit and borrow USDY on Drift.

ChainCatcher news, according to RootData, the Drift Protocol token (DRIFT) has increased by 53.12% in the last 24 hours, currently priced at $0.653.Previously on May 17, Coinbase announced on X that it will list Drift Protocol (DRIFT). If liquidity conditions are met, trading will begin later that day.Additionally, the Web3 asset data platform RootData shows that Drift Protocol is a decentralized perpetual contract exchange based on Solana.

ChainCatcher message, Coinbase posted on X that it will launch Drift Protocol (DRIFT). If liquidity conditions are met, trading will begin later today.

ChainCatcher news, according to official information, the native token DRIFT of the Solana ecosystem DEX derivatives platform Drift Protocol will be launched on Backpack Exchange on May 16 at 20:00.ChainCatcher previously reported that the Solana ecosystem DEX derivatives platform Drift announced on social media that it will open the DRIFT airdrop claim on May 16 at 20:00, with a total airdrop token amount of 120 million (12% of the total token supply). The eligibility and claim website are: drift.foundation.

ChainCatcher news, according to official sources, Coinbase has added Drift Protocol (DRIFT) to its listing roadmap.