Drift ($DRIFT)

long zex short drift

Pairs with MACD CrossOver/CrossUnder in the last 1h

$GRASS $INIT $OBOL $DRIFT $CTK $ACE $SHELL $FARTCOIN $JUP $QNT $THETA $SLP $GLM $SWARMS $RENDER $MBOX $SAHARA $BEL

imagine @DriftProtocol turning on buybacks with 100% of the protocol fees

hearing things

1/ SmartTrader Value inflow trend on large-cap coins in the past hour (top 10).
NO.1 $PUMP +$946.34K
NO.2 $TROLL +$81.56K
NO.3 $Fartcoin +$61.73K
NO.4 $SPX +$49.16K
NO.5 $JTO +$48.68K
NO.6 $DRIFT +$33.51K
NO.7 $MPLX +$14.67K
NO.8 $aura +$5.53K
NO.9 $PYTH +$3.80K
NO.10 $DBR +$3.00K

I don't comment on price action often, but seeing $DRIFT start to re-rate after a long grind feels surreal.

Market prices are almost never immediately reflective of product improvements. Even now the price is only catching up to the progress we’ve been making all this time regardless of the market conditions.

We've built the fastest and most capital-efficient perp DEX on Solana with an integrated borrow-lend, with $1.5B in TVL and $1B+ in daily volume.

In the last year, we've upgraded the protocol, scaled the team, and shipped relentlessly.

Now more than ever, as more traders place their trust in Drift, we do not plan on slowing down.

We've only made it this far with Drift community's support, and today I am happy for each of them who held strong through ups and downs.

Rest assured, this is just the beginning.

LFDRIFT.

hyperliquid is even written in the DRIFT-USD order book

David Lynch capturing exactly what it feels like to go running with 99.99% accuracy

Unrelated: but drif btw

Defi assets on Solana are outperforming on the news that major DATs are planning to deploy capital into the ecosystem

Been diving into the @DefiLlama Research × @redstone_defi report this week, and the numbers caught me off guard, to be fair. But why?

Let me feed your thirst for information lmao 👇

Everyone talks about @chainlink as the OG oracle. They basically built DeFi Summer in 2020 and still secure close to $100B in value. Then there’s @PythNetwork, which pushed the pull oracle model and got traction across Solana and beyond.

Solid projects, no doubt.

But here’s where it gets interesting: look at TVS/FDV ratios.

🔴 Chainlink → $99.7B secured / $24.4B FDV = 4.1
🟠 Pyth → $9B secured / $1.8B FDV = 5.0
🟢 RedStone → $13B secured / $0.6B FDV = 21.7

Read that again. RedStone is already neck-and-neck with Pyth on adoption, but the token is trading at a fraction of the valuation.

And that sers...That’s an asymmetric opportunity staring right at us.

And this isn’t just hype or “future potential.” RedStone’s already powering the feeds behind @ethena_labs, @MorphoLabs, @pendle_fi, Spark, Drift, Kamino, Hyperliquid HIP-3 markets… you name it.

They’ve also expanded beyond oracles with the acquisition of @CredoraPlatform, meaning we’re not just talking about price feeds anymore but full-blown risk ratings for DeFi strategies and tokenized assets.

And speaking of RWAs (you know I've been pretty bullish on those) that’s where the real story is.

RedStone is the official oracle for BlackRock’s BUIDL, Apollo’s ACRED, VanEck’s VBILL, and Hamilton Lane’s SCOPE. If you’re paying attention, you know institutions are coming onchain through RWAs.

But...as I mentioned before...What’s missing is reliable data rails. That’s exactly where RedStone positions itself.

So when you line it up:
— fastest-growing oracle in DeFi since 2023
— securing $13B+ TVS across 110+ chains
— now expanding into RWAs and risk intelligence
— listed on @upbitglobal with liquidity and access scaling globally (which I find extremely bullish)
— ex-Bloomberg, ex-Polychain, and seasoned builders steering the ship

But still, I kinda feel the market’s clearly missing the plot. $RED is trading like a small-cap experimental play, while adoption looks like a blue-chip foundation layer.

Just to conclude: In my view, it’s not about asking if RedStone joins the oracle majors.

I believe the real question is how long it takes the market to catch up to the numbers.

Intel.

Eigenlayer.

Drift.