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Podcast: Lightspeed
Episode: Drift: Can This Solana DEX Compete With Binance? | Cindy Leow, Chris Heaney
Description: Cindy Leow and Chris Heaney join us to discuss how Drift is building the #1 trading experience on Solana. In this episode, we cover Drift's core design and liquidity layers, the advantages of perps, why Drift built on Solana, vertical vs horizontal integration, Drift's distribution framework, what DeFi got wrong and more!- -Timestamps(00:00) Introduction(00:48) Drift: Solana’s Perpetual Swaps Exchange(01:55) The Advantages of Perps(04:08) The Liquidity Trifecta: Drift’s 3 Layers of Liquidity(14:19) Drift’s End Game(17:54) Permissionless ad(26:40) Why Build on Sol...