Kwenta vs. Drift Protocol
Compare key details of Kwenta and Drift Protocol side by side in a structured table format. This overview highlights core features, differences, and relevant information for each option. Use it to review how various choices stack up across the category.
| Kwenta | Drift Protocol | |
|---|---|---|
| Supported Derivatives | Synthetic Futures, Options | Perpetual Swaps |
| Leverage | Up to 10x | Up to 10x |
| Supported Blockchains | Optimism | Solana |
| Trading Fees | 0.30% | 0.10% |
| Decentralization Type | AMM-based DEX | Virtual AMM |
| Security Features | Integrated with Synthetix | Audited, high speed trading |
| Liquidity Level | Medium | Medium |
| Minimum Trade Size | $1 equivalent | $5 equivalent |
| Insurance/Risk Management | Synthetix debt pool backing, liquidation system | Insurance fund, dynamic risk parameters |
| Unique Features | Smooth integration with Synthetix protocol | Fast transactions, Solana-based efficiency |
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