Drift Trade — Perpetual DEX & On‑Chain Margin Trading

Drift is a decentralized perpetual exchange built for low‑latency, capital‑efficient margin trading and advanced order types on‑chain.

Quick overview

Drift enables traders to open leveraged perpetual positions with on‑chain settlement and transparent funding. It focuses on performance, composability, and providing professional order types for active traders.

Core features

  • Perpetual markets with cross & isolated margin.
  • Advanced order types: limit, market, stop‑loss, and reduce‑only.
  • On‑chain settlement and transparent funding mechanics.
  • Integrations for market makers and builder SDKs for programmatic trading.

How to trade on Drift (basic)

  1. Open the official site via the single link in the sidebar.
  2. Connect a supported wallet (e.g., Phantom, Solflare, WalletConnect where applicable).
  3. Deposit collateral into your account contract as instructed.
  4. Select a market, choose leverage, set order type, and submit the trade.
  5. Monitor your position, margin ratio, and funding payments in the dashboard.

Safety & best practices

  • Start with a small test position to verify flows and UX.
  • Understand liquidation mechanics and margin requirements before using high leverage.
  • Use hardware wallets for larger balances and verify contract addresses from docs.
  • Keep an eye on funding rates — they affect PnL for perpetual positions over time.

Note: Network support, available markets, and wallet compatibility may change. Always confirm details on the official Drift site and docs before depositing funds.