Drift Protocol — A Lightning-fast & Scalable Perpetual Futures DEX

in Newcomers' Community • 3 years ago

image.png

The first perpetual swap exchange to use a Dynamic AMM is Drift Protocol (DAMM). A Dynamic AMM is based on a virtual AMM (vAMM), but it adds repegging and adjustable k techniques to modify liquidity in a trading pool based on participant demand. As a result, DAMMs are more flexible than traditional vAMMs and AMMs, resulting in improved capital efficiency and lower slippage.

More information can be found here: https://medium.com/cryptobrosresearch/drift-protocol-a-lightning-fast-scalable-perpetual-futures-dex-f0882dfd7aef

#solana #driftprotocol #amm #damm #cryptocurrency #blockchain #vamm
3 years ago in Newcomers' Community by
$0.00
    1 vote
    Reply 0

    Coin Marketplace

    STEEM 0.17
    TRX 0.15
    JST 0.029
    BTC 61497.04
    ETH 2478.29
    USDT 1.00
    SBD 2.66