Drift Protocol Reboots with Risk Parameter Overhaul, Links OI Caps to 40% Liquidation Threshold on June 16

DRIFT-1.16%
According to PANews on June 16, Drift Protocol's team is advancing a protocol reboot with comprehensive risk parameter recalculation for perpetual and spot markets, based on historical order book performance during extreme downturns rather than subjective assumptions. The team will initially adopt conservative settings and gradually relax restrictions as TVL recovers. Crucially, OI caps for each trading pair will be linked to liquidation capacity under 40% adverse price swings to prevent bad debt, while the internal vAMM module will optimize pricing and spread logic to reduce extreme fluctuations in funding rate mechanisms. A complete changelog will be disclosed upon reboot.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments