Coinbase's Drift Protocol / US Dollar (DRIFTUSD)
- Jatslo
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Coinbase's Drift Protocol / US Dollar (DRIFTUSD)
WIP
"The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails." ~ William Arthur Ward
- Jatslo
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Re: Coinbase's Drift Protocol / US Dollar (DRIFTUSD)
🟢 Grand Master Jedi Jatslo wrote:
Google's Gemini 2.5 Pro wrote:
Investment APP Table: Coinbase's Drift Protocol / US Dollar / US Dollar (DRIFTUSD)
Asset Description: Drift Protocol is a decentralized exchange (DEX) for perpetual futures built on the Solana blockchain. It aims to provide a fast, low-cost, and efficient on-chain trading experience for derivatives. DRIFT is the governance token for the protocol.
- Long-Term Holding Considerations:
- Pros: Operates in the high-growth sector of decentralized derivatives. Being built on Solana allows for high throughput and low transaction fees. The governance token allows the community to participate in the future direction of the protocol.
- Cons: The decentralized derivatives space is extremely competitive with many established players on various blockchains. The protocol is subject to smart contract risks and the inherent volatility of the cryptocurrency markets. Its success is dependent on attracting and retaining significant trading volume and liquidity.
- Recommendation: Don't Hold Long
NET Gain Subtotal (Completed Volleys): N/A $ (Yield: N/A%)
NET Gain Grand Total (All Volleys): 0.00 $
Shares Held: 0.01000000
Main Transaction Table
Date Type Shares Price Total Cost/Proceeds Realized Net Gain/Loss Yield % Volley # Status 2025-08-07 Buy 0.01000000 $0.53500000 $0.01 N/A N/A 1 Completed 2025-08-07 Sell 0.01000000 $0.60000000 $0.01 0.00 $ 12.15% 1 Completed 2025-08-08 Buy 0.01000000 $0.58200000 $0.01 N/A N/A 2 Pending
"The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails." ~ William Arthur Ward
- Jatslo
- Site Admin
- Posts: 10838
- Joined: Mon Apr 17, 2023 10:26 pm
- Location: United States of America
- Contact:
Re: Coinbase's Drift Protocol / US Dollar (DRIFTUSD)
Grand Master Jedi Jatslo wrote:
Google's Gemini 2.5 Pro wrote:
Executive Summary: Coinbase's Drift Protocol / US Dollar / US Dollar (DRIFTUSD) Performance
This summary provides an overview of the recent trading performance for Drift Protocol / US Dollar (DRIFTUSD) on Coinbase.
NET Gain Grand Total (All Volleys): 0.00 $
Shares Held: 0.01000000
Weighted Average Price Paid (WAPP): $0.58200000
Price Alerts:
12% Above Market Price: $0.65184000
12% Below Market Price: $0.51216000
Disclaimer: This table is for illustrative purposes only and does not constitute financial advice.
"The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails." ~ William Arthur Ward
