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 news, according to The Block, the Solana-based perpetual contract protocol Drift Protocol has launched the DRIFT token and opened airdrop claims.ChainCatcher previously reported that the total amount of Drift airdrop tokens is 120 million (accounting for 12% of the total supply). All user airdrops will be divided into initial allocation and reward allocation. The initial allocation will be unlocked when the token goes live, and the rewards will vest linearly over 6 hours. Additionally, users can deposit DRIFT on the first day and use it as collateral.

ChainCatcher news, according to CoinDesk, the decentralized exchange Drift protocol based on Solana plans to launch the DRIFT governance token and airdrop assets to users in the coming weeks, establishing a token-based governance structure.It is reported that the new token follows a three-month points program, with the majority of the 100 million tokens in this airdrop going to Drift's long-term users.