Gate News Bot news, July 21, according to CoinMarketCap market data, as of the time of writing, DRIFT (Drift) is currently priced at $0.68, having risen 35.27% in the last 24 hours, with a high of $0.69 and a low of $0.44. The current market capitalization is approximately $233 million, an increase of $60.8 million compared to yesterday. Drift is a decentralized exchange built on the Solana blockchain, offering perpetual contract trading, prediction markets, and automated yield features. The platform aims to provide users with an experience similar to centralized exchanges while maintaining the advantages of decentralization. Drift supports multiple crypto assets as collateral and offers up to 101 times leverage trading. Important news about DRIFT recently: 1️⃣ **Drift Protocol Launches Prediction Market Feature**

PANews August 19th news, according to the official blog, Drift Protocol announced the launch of the prediction market B.E.T on Solana, the first prediction market centered around the US elections. In the future, more market categories will be launched, including sports (F1, CryptoFightNight), Cryptocurrency, and culture (Solana debate results).

PANews news on July 29th, according to the hints released by Drift Protocol on the X platform, the Solana ecosystem Derivatives platform Drift Protocol is about to launch prediction market functionality on Solana.

Aster has launched a Mining Points Acceleration and Contract Trial Fund event, where users participating in platforms such as Hyperliquid, Drift, and GMX can obtain a 1.1x Mining Points acceleration and 100 USDT Contract Trial Fund. Aster also announced the launch of Aster Pro mode, allowing users to earn Rh Points by trading in Aster Pro mode starting from April 10.

ChainCatcher message, according to Drift Protocol, a DecentralizationPerptual Futures platform based on Solana, it is now possible to stake BONK on Drift.

Less than a day after Sky (formerly MakerDAO) issued USDS, the circulating supply of USDS on Solana has exceeded $89 million, making it the fastest rising stablecoin. The lending platforms Save, Drift, and Kamino are offering returns of over 20% on USDS deposits. Sky encourages the use of Tokenbridge service Wormhole to transfer funds to Solana, further increasing the circulating supply.

Odaily Planet Daily News Multicoin Capital Co-founder Kyle Samani wrote in a post that since 2019-2020, we have been analyzing Decentralized Finance Derivatives seriously, and we believe that Drift Protocol is the best protocol to seize this opportunity. We led multiple rounds of private sale financing, starting from May DRIFT

Odaily Planet Daily News According to the market, DRIFT has broken through 2 USDT, now reporting 2.26 USDT, with a 24-hour increase of

DRIFTbig pump, with a 24-hour increase of more than 345.8%, Market Cap reached $550 million, Multicoin Capital predicted a fair value of $3.58 for DRIFT, and its DRIFT Position has a floating profit of 455%.

Odaily Planet Daily News Drift Protocol announced on X platform that it is migrating to Pyth