Coinbase's Drift Protocol / US Dollar (DRIFTUSD)

In this section, we will present our overarching hypothesis that forms the foundation of our trading approach. It outlines the core principles and assumptions upon which our strategy is based.

XIIMM TOC: IV: A B C D E F G H I J K L M N O
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Jatslo
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Coinbase's Drift Protocol / US Dollar (DRIFTUSD)

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WIP
"The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails." ~ William Arthur Ward
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Re: Coinbase's Drift Protocol / US Dollar (DRIFTUSD)

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🟢 Grand Master Jedi Jatslo wrote:
Google's Gemini 2.5 Pro wrote:

Image


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
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Jatslo
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Re: Coinbase's Drift Protocol / US Dollar (DRIFTUSD)

Post by Jatslo »

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
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