Drift introduces Swift Protocol — a new trading standard designed for sub-second fills, better prices, and gasless trading across perpetuals and spot markets, while maintaining Solana’s security and decentralization. 

What is Swift Protocol? 

Swift Protocol is designed to address one of the biggest challenges facing DeFi traders today: slow execution and fragmented liquidity. 

By consolidating liquidity from multiple sources—AMMs, order books, and private market makers—Swift Protocol creates a seamless execution layer that ensures faster fills, deeper liquidity, and better trade execution for users.

Key Benefits of Swift Protocol

• Instant Order Execution: Orders are broadcasted directly to keepers and market makers for faster fills, removing the need to wait for Solana block confirmations. This means you can trade with near-instant execution, giving you the edge in fast-moving markets.
  
  
• Gasless Trading: Say goodbye to gas fees. With Swift Protocol, market makers and keepers manage order execution, ensuring that you don’t have to pay for transaction costs.
  
  
• Better Trade Pricing: By minimizing MEV (Maximal Extractable Value), Swift Protocol reduces slippage and guarantees better execution prices. This ensures that you get the best possible value on every trade.
  
  
• Seamless Market Maker Integration: Swift Protocol is designed with WebSocket-based systems, making it easier for market makers to integrate and onboard onto the Solana blockchain. This streamlined process attracts more liquidity, benefiting everyone in the ecosystem.
  
  
• Enhanced Liquidity Access: Orders are prioritized based on DRIFT staking, incentivizing long-term commitment from liquidity providers. This strengthens the Drift ecosystem and makes it even more liquid and efficient for traders.
  
  

Swift Protocol is in Beta!

• Swift Protocol is live for perpetual futures trading on Drift, with spot trading to follow in the coming weeks. 
• Swift Protocol is currently opt-in, but will be the default trading standard on Drift.

What’s Next?

The launch of Swift Protocol marks a pivotal moment for Drift and the broader DeFi ecosystem. Built with traders in mind, Swift Protocol is designed to be accessible to everyone, offering traders on Solana a new level of speed and performance.

By reducing latency, eliminating gas fees, and improving liquidity access, Swift Protocol is opening up a new world of possibilities for traders on Solana. 

This is at the heart of why Drift exists: Drift is committed to accelerating on-chain wealth creation for all. Swift Protocol is just the beginning of a new era for high-performance DeFi trading on Solana. 

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Try Trading with Swift Protocol Now: app.drift.trade