We are thrilled to announce that Drift has added wBTC, wETH AND USDT onto the platform, bringing new opportunities. These spot pairs are now all available for spot trading and leveraged swaps with up to 5x leverage!

Adding wBTC, wETH and USDT as assets expands the range of cross-margined assets available on Drift. Drift has a per-account cross-margined system and deposited collateral can be used to increase margin meaning all deposits also automatically earn passive yield. All of these assets can also be borrowed on Drift. Additionally, each new spot listing creates an Insurance Fund vault for each market.

wBTC

• New spot listing: wBTC/USDC
• Use wBTC as collateral on Drift
• Trade, Swap, Earn, Borrow^‍

^{Collateral Weight: .8}

wETH

• New spot listing: wETH/USDC
• Use wETH as collateral on Drift
• Trade, Swap, Earn, Borrow

^{Collateral Weight: .8}

USDT

• New spot listing: USDT/USDC
• Use USDT as collateral on Drift
• Trade, Swap, Earn, Borrow

^{Collateral Weight: .9}

^{For more information on cross-collateral deposits and collateral weights visit our docs.}