From Trading Perps To Building The Exchange w/ Cindy Leow, Founder of Drift - Flywheel #115

Flywheel DeFi

In this week's episode, Cindy shares her journey from prop trader to builder and all the trials and tribulations that come with being a founder. She goes into what Drift is, how it works, and the future roadmap they have in store.

Timeline

00:00 Introduction to Drift and Solana DeFi

03:04 Building on Solana and the Challenges Faced

07:21 Early Days of Building on Solana

09:54 Navigating the Bear Market and Building Through the Dark Times

18:12 Positioning Drift in the Meme Coin Craze

21:14 The Inflection Point and Grounded Organic Interest

26:04 Drift's Vision and Capturing the Entire Asset Lifecycle

31:11 The Role of Smaller Market Makers in Solana's Liquidity

33:13 The Liquidity Trifecta 35:42 The Backstop AMM for Less Liquid Markets

37:27 Just-in-Time Liquidity for Market Orders

40:32 Lessons Learned from LP Pool Marketing

43:41 Exploring the Architecture of Drift v3

46:39 The Ideal Future for Drift's Execution Environment

53:15 Dealing with the Influx of Airdrop Farmers

55:32 Drift's Metrics and Future Goals

58:54 Recommended Guest: FP from Sanctum

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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.