Solana’s Drift Launches v3, With 10x Faster Trades
Overview
Solana’s Drift has launched version 3 (v3) of its trading platform, promising significant improvements in trade execution speed and liquidity. The enhancements aim to make trading more efficient for users by reducing slippage on larger trades.
What Happened
The launch of Drift v3 introduces a notable advancement in trade execution, with the team reporting that approximately 85% of market orders will now be filled in under half a second. This rapid execution time is expected to enhance the overall trading experience for users on the platform. Additionally, the liquidity improvements are designed to reduce slippage on larger trades to around 0.02%, making it easier for traders to execute their strategies without significant price impact.
Impact on the crypto market
- Enhanced trade execution speed may attract more users to the Drift platform.
- Improved liquidity could lead to more efficient trading conditions for larger transactions.
- The reduction in slippage may encourage institutional traders to engage with the platform.
- Faster trade execution aligns with the growing demand for high-performance trading solutions in the crypto space.
- Overall, these advancements may strengthen Solana’s position in the competitive landscape of decentralized trading platforms.
Updated: 12/4/2025, 12:53:50 PM
