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cindy

@cindyleowtt

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cofounder @DriftProtocol | ex crypto prop trading

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Joined January 2017
Don't wanna be here? Send us removal request.
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@cindyleowtt
cindy
1 month
Today, we're launching BET on Drift — the first capital efficient prediction markets on @Solana @DriftProtocol Here's why, and why now: A prediction market is not only a natural extension of trading — it’s the future of trading. Prediction markets are the natural evolution of
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@cindyleowtt
cindy
3 years
$SOL up 20% today on news that devs are indeed doing something
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@cindyleowtt
cindy
13 days
FOUNDER MODE Singapore Hawker Center style interview + mukbang @ Lau Pa Sat Featuring the best founder duo Toly & Raj 💜 @aeyakovenko @rajgokal @davijlu FULL VIDEO OUT SOON
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@cindyleowtt
cindy
9 days
Today, at Breakpoint in SG, we announced a $25M Series B round, with total funding up to $52.5M to date to take us 100x from where we are now This funding will accelerate our pathway to become the most liquid, composable and capital-efficient DeFi platform in crypto across
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@cindyleowtt
cindy
6 months
Memecoins are secured by proof of attention
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@cindyleowtt
cindy
1 month
INSANE day 🤯 Today, Drift BET did $20m in 24-hour volume after one week of being live Solana manlets truly love prediction markets
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@cindyleowtt
cindy
5 months
What an insane day. After being live on Solana for nearly 2 years, Drift launched its genesis airdrop today. 1/ >50% of the airdrop was claimed today, with ~12M DRIFT used to stake as collateral in Drift (25% of the drop!). With our cross margin model $DRIFT can be used as
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@cindyleowtt
cindy
7 months
WIF is our largest market today after BTC/ETH/SOL Hats are eating the world
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@cindyleowtt
cindy
6 months
Blast team rn
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@cindyleowtt
cindy
5 months
This week has been one of the more adverse conditions for airdrops Despite that, @KaminoFinance has proven that they're serious builders, built through the deep bear, and shipped one of the best products on Solana to date w/ $1b+ TVL Bullish Kamino team
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@cindyleowtt
cindy
12 days
This is not a simulation DRIFT MCLARENS have landed in Singapore and are ready to ride
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@cindyleowtt
cindy
7 days
Yapping at Breakpoint is my favorite pasttime
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@cindyleowtt
cindy
5 months
Drift Launch Airdrop Eligibility Checker is Live ✨ DRIFT DELIVERS. This is a monumental day for @DriftProtocol Drift has been live on Solana since 2021 and is now the biggest open-sourced Perp DEX with 200k+ traders & $25B in cumulative volume Today, with the launch airdrop
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@cindyleowtt
cindy
9 days
I love that the recent Fortune article on our round highlighted that we are a female-led company My goal is to build a culture that wins by being open-minded, respectful and fully merit-based — regardless of who you are Crypto is no longer a boys club
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@cindyleowtt
cindy
5 months
The best hires are crypto native with operational experience, high agency and low ego
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@cindyleowtt
cindy
3 months
Ok this is actually insane The largest ever ETH -> SOL USDC bridge tx on @deBridgeFinance just happened And it was deposited straight into Drift A trader bridged $4,000,000 via @wintermute_t to @DriftProtocol in a single tx You are not bullish enough on Solana
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@cindyleowtt
cindy
6 months
Can't understate the importance of @Circle 's CCTP's launch today on Solana Instead of depositing into centralized exchanges or lock/mint bridges to move USDC around, you can now *natively* transfer USDC from any EVM chain to Solana Cross-chain UX/trading will get 100x smoother
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@cindyleowtt
cindy
11 days
BULLISH ON EVERYTHING Find us at Breakpoint for merch, rides, wifi and no trading advice 💜
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@cindyleowtt
cindy
9 months
Sharing some thoughts on how we grew from $1m to $88m+ TVL this year. TLDR: Growing *useful* TVL — TVL that's used for liquidity, security, leverage — is key for sticky capital 💧
@cindyleowtt
cindy
10 months
Our TVL just hit $85m and volume is literally going parabolic @DriftProtocol Can’t believe we started the year on <$1m TVL
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@cindyleowtt
cindy
10 months
Our TVL just hit $85m and volume is literally going parabolic @DriftProtocol Can’t believe we started the year on <$1m TVL
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@cindyleowtt
cindy
18 days
Some appchain "perp DEXes" may have smooth UX, but are just CEXes with extra steps Drift could have done what's easy and built a closed-source appchain exchange — but I didn't grind day and night everyday for the last 3 years on Solana DeFi to build a CEX clone That is
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@cindyleowtt
cindy
3 years
who wanna do a $10k to $1 milly challenge w me on drift 😈
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@cindyleowtt
cindy
6 months
Couldn't be more excited to unveil this news after three years of hardcore grinding through the best and the toughest of times It feels surreal that we've gotten to this point, but this is just the start Infinite hypergrowth incoming 💜
@DriftFDN
Drift Foundation
6 months
Introducing $DRIFT — the Drift Governance Token. DRIFT is the governance token of Drift Protocol, the largest open-sourced perpetual futures exchange built on Solana.
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@cindyleowtt
cindy
4 months
Drift is now top #3 and fastest growing perp exchange across all chains Study the rise to #1
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@cindyleowtt
cindy
3 years
1/ Drift's hybrid decentralised limit orderbook (DLOB) is live! 👾 We've reimagined how limit orders can work more efficiently on chain. DLOB is the first hybrid OB that settles against virtual AMM liquidity. @DriftProtocol A 🧵 on how it works + why it matters:
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@cindyleowtt
cindy
1 year
We've grown from $1m ➡️ $16m TVL this year Now >95% of perp market share on Solana Out here building a sustainable growth machine
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@cindyleowtt
cindy
3 months
Makes me extremely happy to see Malaysia’s crypto scene grow First of many events out in KL! @DriftProtocol x @_kaitoai at Solana Summit 💗🇲🇾
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@cindyleowtt
cindy
9 days
Fundraising is the easy part fwiw Raising money only ensures short-term survivability The hard parts: - Doing the work - Building an enduring team - Spending every waking hour thinking about growth / long-term PMF - Continuing to ship despite criticism or no traction
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@cindyleowtt
cindy
4 months
Woof 🐶
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@cindyleowtt
cindy
5 months
Announced $DRIFT at @TOKEN2049 More coming soon LFG @DriftFDN
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@cindyleowtt
cindy
3 years
1/ A 🧵on on-chain AMM pricing for options: AMMs are useful for spot swaps, but the deterministic nature of AMM pricing makes it tough to accurately price complex derivatives that rely on exogenous, fast-moving inputs.
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@cindyleowtt
cindy
2 years
Perps on Drift v2 is launching very soon - I'm excited to share alpha on what's new! Introducing: @DriftProtocol v2 Liquidity Trifecta
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@cindyleowtt
cindy
6 months
Excited to speak at @TOKEN2049 Dubai next week Will be announcing something BIG Comment if you're around 🤍
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@cindyleowtt
cindy
8 months
We just listed the first on-chain $WIF perps with 4x leverage 🐶🧢 Only possible with isolated insurance pools & speedy oracles @PythNetwork
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@cindyleowtt
cindy
5 months
Tomorrow.
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@cindyleowtt
cindy
3 months
Tokenized RWAs as collateral and Ondo x Drift Partnership Drift is building Solana’s financial layer — a home for tokenized assets onchain. The platform has $400m in deposits across +20 assets (LSTs, ecosystem tokens, stables, RWAs) and $80m in borrowed assets Drift is the only
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@cindyleowtt
cindy
5 months
$DRIFT is live!!! 🔥
@DriftFDN
Drift Foundation
5 months
The DRIFT airdrop claim is now live! Claim your DRIFT here: More information below (🧵)
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@cindyleowtt
cindy
5 months
A year ago, we did $8m daily volume Today we did ~$800m daily volume Next 100x takes us to $80b @DriftProtocol
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@cindyleowtt
cindy
9 days
Breakpoint was absolutely electric this year Mega bullish on all the energy and talent in Solana Higher 💜
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@cindyleowtt
cindy
3 months
Launching Drift Earn ☄️💰 This week, we launched a new product: Drift Earn. Why? DeFi needs a real savings product built for people who've never touched DeFi. We're building DeFi to onboard your mom, dad, grandma and your normie friends. Current borrow/lend product UX is
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@cindyleowtt
cindy
2 months
Why we're launching a US election predictions market on Drift: - Prediction markets are the truth settlement marketplace - We can become the place where people go to observe crowd tendencies and opinion shifts - We're on a fully open-source blockchain that no one can manipulate
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@cindyleowtt
cindy
5 months
The problem with marketing purely via KOLs is that it's pay to play and shortcuts the need for proof of support/loyalty/conviction over time The strongest marketing is recurring user and fanbase driven
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@cindyleowtt
cindy
5 months
There is an airdrop We love you
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@cindyleowtt
cindy
2 months
Drift will launch official prediction markets very soon To get you ready for them, we have a very fun pre-launch today, no other than ~political memecoins~ Election center on Drift is NOW LIVE Trade $TREMP $KAMA all in one place
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@cindyleowtt
cindy
2 months
$1 BILLION daily volume on Drift today Thanks for playing
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@cindyleowtt
cindy
17 days
Very grateful for those that have stuck in Drift’s corner this week Those who know us know that we’ve always stuck to first principles building the most open and transparent DeFi platform on Solana Atm we’re working overtime to ship TWO major upgrades that we will be
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@cindyleowtt
cindy
10 months
this week has been one of the best weeks of growth we've ever had @DriftProtocol DAUs hit 6k (!) TVL over $60m OI over $26m comfy & up only
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@cindyleowtt
cindy
2 years
We built a DEX that does it all (on gated mainnet atm): - 10x leverage perps - Borrow/lend + spot margin trading - Cross-collateral + x-margined w/ isolated subaccs - Robust risk engine DM me for early access if you're a FTX/CEX refugee wanting to migrate to a new exchange 👀
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@cindyleowtt
cindy
3 months
This will be remembered as the VanEck candle
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@cindyleowtt
cindy
3 months
This week is Drift's highest volume week post-airdrop, *without* points and a live rewards program Projects can fail post-airdrop when there's no more upwards momentum, but a deep and continued focus on product and real users will always pay off
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@cindyleowtt
cindy
3 years
if you’re in your 20s there are few better things to do than to start projects w/ friends you love working w/ + on stuff you care abt it’s the fastest way to 1) humble urself over & over again, 2) gain skills & perspectives about the world, 3) maximize short feedback loops
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@cindyleowtt
cindy
12 days
Come say hi to Drifters at @TOKEN2049 @ MBS
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@cindyleowtt
cindy
2 months
How it started: Drift as a perp dex How it's going: Drift as perps, spot, borrow/lend, swaps, with a prediction market coming for the most historical US election season yet
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@cindyleowtt
cindy
3 years
in the last 6 months, we @DriftProtocol : - built a based af team, - raised $3.8M seed, - shipped fully on-chain perpetuals devnet, - open-sourced code, - shipped mainnet, - in first 6 weeks of launch, hit 👾 $650M in volume, 👾 6k+ traders, 👾 6 perp markets infinite up only
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@cindyleowtt
cindy
3 months
The Blinks launch is pretty mindblowing You can now trade and interact w/ any app on @Solana anywhere on the web without clicking out to an external site Soon, you will be able to long/short on Drift directly on X Super creative launch by @saydialect @aliquotchris !
@saydialect
Dialect (hiring)
3 months
Introducing Actions & Blinks An ambitious new protocol in collaboration with @solana —& developer stack by Dialect—to share Solana everywhere Starting right here. On Crypto Twitter Try it out today with @Backpack & @phantom . @solflare_wallet coming soon 1/👇
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@cindyleowtt
cindy
3 years
big day: drift is live on mainnet for all! ✨ catch you driftiiiiing and slinging perps w/ us @ @DriftProtocol
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@cindyleowtt
cindy
3 years
how about not categorizing women based on their looks vs their intellect as if they’re mutually exclusive
@mattyryze
Matthew Graham
3 years
how about a DAO for women coders instead of Instagram models
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@cindyleowtt
cindy
9 months
We started the year with less than $1m in daily volume, <100 daily users and $1m in TVL. We're ending the year with $4B traded, 10k daily users and $120M in TVL. Patience and extreme focus pay off when you play the long game. To another 100x year for all of us! 🎆
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@cindyleowtt
cindy
5 months
My response to most things lately tbh:
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@cindyleowtt
cindy
4 months
Never fade people who are incapable of giving up
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@cindyleowtt
cindy
4 days
DRIFT x BREAKPOINT 2024 This year's Breakpoint and TOKEN2049 week was the best I've been to yet, and the biggest we've ever gone at a conference Our goal was to spend quality time in person with our users, traders, partners, and the wider DRIFT community - sharing with
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@cindyleowtt
cindy
3 years
update, huge milestones: > one billion united states dollars in all time volume hit 💰 > our first $100m+ day 💰 blitzscaling & not resting here if you’re a trader/quant who cares abt decentralization & wants to trade perps on a fast af DEX hmu
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@cindyleowtt
cindy
11 months
The $YFI market manipulation on @dYdX has proven how critical it is to isolate risk for altcoin markets from majors, especially those w/ thin liquidity. @DriftProtocol currently solves this by having: 1) A P&L settlement layer - In order to be withdrawn, all positive P&L must
@AntonioMJuliano
Antonio
11 months
Here are the main points we know about the $YFI incident on dYdX so far: Reminder no user funds have been lost, but it is critical we understand what happened and adjust accordingly - in the part few days $YFI open interest on dYdX spiked from $0.8m -> $67m - basically all of
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@cindyleowtt
cindy
2 years
What if I told you that @DriftProtocol is simply built different? Over the last week, there’s been some public discussion/confusion around vAMMs which I wanted to address in this thread 🧵👇🏽
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@cindyleowtt
cindy
5 months
May 16. T-3 DAYS. LFG
@DriftFDN
Drift Foundation
5 months
DRIFT Launch Airdrop claims will go live on May 16 at 12pm UTC (8 AM EST) This marks a significant step towards decentralizing @DriftProtocol , acknowledging loyal users, and empowering the community with a greater voice in the protocol's future development. More details 👇
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@cindyleowtt
cindy
1 year
Hit $1B volume 8,888 users 發啊 💯
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@cindyleowtt
cindy
2 months
Locked in until we hit $1B
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@cindyleowtt
cindy
6 months
Bought the bottom, Dubai is looking great today See you all at @TOKEN2049 tomorrow Up only
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@cindyleowtt
cindy
4 months
Jeeters will jeet Drifters continue to drift up Founders continue to create product market fit
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@cindyleowtt
cindy
4 months
Solana DeFi is slowly penetrating the mainstream institutional audience Drift was recently featured in Bloomberg @crypto for major traction this year as a direct & transparent alternative to CEXes with assets secured now at ~$385m Hard to get more bullish than this
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@cindyleowtt
cindy
3 months
gmoon Soylana boys and girls
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@cindyleowtt
cindy
2 months
One week after launching Drift Earn, we've already hit ATH deposits of $475m We also hit ATH borrows of $90m HIGHER
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@cindyleowtt
cindy
3 years
girls just wanna have custody over their own assets while taking levered futures positions
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@cindyleowtt
cindy
5 months
Perp DEXes should live on integrated L1s, not isolated app-chains Marginal performance tradeoffs are not worth taking away the security guarantees and shared native asset availability of an L1 Fight me on this
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@cindyleowtt
cindy
3 months
Sharing some thoughts from our JLP integration with @JupiterExchange this week: This is the first time ever that a high-yield LP asset has been enabled as collateral on a perp exchange. $JLP now listed on @DriftProtocol as collateral is a part of our big vision to be the
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@cindyleowtt
cindy
18 days
DM me if you're coming to Breakpoint / TOKEN2049 We're hosting a private VIP lunch called Drift Diner on the 20th for our top traders and community w/ the best partners @phantom @PythNetwork @Backpack @jito_sol @MagicEden @DeGodsNFT Lambos may be included with your ticket
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@cindyleowtt
cindy
6 months
We just hit $20B total volume Not sleeping until we're doing $20B daily
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@cindyleowtt
cindy
3 years
anime pfp → club pengu overnight ama
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@cindyleowtt
cindy
11 months
Every Breakpoint has been transformative for @DriftProtocol We launched our v1 in the first Breakpoint '21 as $SOL topped $250 We launched our v2 in Breakpoint '22 while FTX collapsed Today, we're at 95% market share of perps on Solana >1.5B traded, $40m ATH daily volume
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@cindyleowtt
cindy
6 months
The founding father of perps is now a Drifter And you’re not max long Drift yet? LFG @CryptoHayes
@DriftProtocol
BET on Drift
6 months
Drift is excited to welcome @CryptoHayes as a strategic advisor to Drift 🚀
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@cindyleowtt
cindy
6 months
Will be at the Solana NYC @hackerhouses today/tmr, say hi 💜 PSA: Drift fits were not coordinated
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@cindyleowtt
cindy
19 days
I'll be debating on the West vs East debate at Breakpoint @SolanaConf ! As a Malaysian Chinese who spent time between Asia and the US I've seen the best and the worst of both worlds So I strongly believe that a focus on Asia is critical for 100x growth in crypto volume & users
@solana
Solana
19 days
Breakpoint debate: This house believes that the East does crypto better than the West. Speaking FOR: @cindyleowtt , cofounder of Drift Speaking AGAINST: @justsayuluvjo , CEO of SOON.
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@cindyleowtt
cindy
5 months
POV: Me describing how DeFi is a slept on market narrative and is a $10T market in the making
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@cindyleowtt
cindy
6 months
Looking back at how parabolic Drift's growth been since our Breakpoint presentation in November Open interest is 40x (!) since then, TVL and users is 15x 🤯 150 days can change so much
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@cindyleowtt
cindy
5 months
TIL launching a large scale airdrop is an extremely challenging exercise Major respect to all the brave people who have done it before 🫡
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@cindyleowtt
cindy
4 months
B I G partnership announcement coming up this week 🏘️
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@cindyleowtt
cindy
18 days
If you’re a founder and you don’t bat hard for your own mission on the frontlines your community won’t bat for you We need more wartime founders
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@cindyleowtt
cindy
6 days
What was @KyleSamani and I scheming up at the Drift Lounge? Wrong guesses only
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@cindyleowtt
cindy
8 months
HUGE news 🔥 - We launched Drift Points which will *only* last for 3 months. Goal is to grow liquidity & reward OG traders - Points is the *first* step in Drift's decentralization plans 👀 - We raised a $23.5m Series A last year with a vision to build the best perp DEX ⬇️
@TheBlock__
The Block
8 months
EXCLUSIVE: Solana protocol Drift announces points reward program ahead of token launch
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@cindyleowtt
cindy
3 days
DRIFT provides for $MOTHER fans and traders @IGGYAZALEA 🫶🏻❤️‍🔥
@DriftProtocol
BET on Drift
3 days
The Mothership has arrived on Drift! 🍑✨ $MOTHER is now LIVE for both Perps and Spot market!
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@cindyleowtt
cindy
6 months
Reflecting on Q1 2024 It's been a massive year for Drift, and things will only get crazier from here I wanted to take a minute to reflect on everything we have accomplished in 2024 and to talk about where we are going from here Mega thread on all we pushed this year 🧵
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@cindyleowtt
cindy
1 year
Recently did a podcast with @Austin_Federa @ValidatedPod on the building blocks of DeFi - check it out! Had a great chat 🌊
@solana
Solana
1 year
Where is DeFi going from here? In this episode of @ValidatedPod , @cindyleowtt of @DriftProtocol offers a primer on the technical and practical aspects of DeFi, and what to look forward to in the near future. 🎧 Listen:
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@cindyleowtt
cindy
5 months
Reflections on the path from when we started to the announcement of $DRIFT last week I want to share some key moments, lessons we've learned, and our ambitious path forward 💜
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@cindyleowtt
cindy
12 days
Some people do both 💜
@Tristan0x
Tristan
12 days
Some people spend their time heads down on product, some people spend it putting their logo on lambos. Stay humble and keep shipping
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@cindyleowtt
cindy
1 year
0/ We launched @DriftProtocol v2 in the pits of the bear market this year + hit a MAJOR milestone today: $500m in volume and 3,000 users! I’m extremely proud of our progress in the most difficult market conditions we've seen yet for DeFi. A 🧵 on our recent growth 🐻
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@cindyleowtt
cindy
3 months
Unlocking utility for every asset on Solana
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@cindyleowtt
cindy
8 months
ONE HUNDRED THOUSAND DRIFT USERS
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@cindyleowtt
cindy
1 year
I’ll be speaking at @TOKEN2049 in SG this week on the state of derivative DEXes 🇸🇬 come say hi irl 🫶🏻 we’re also hosting a dim sum brunch on the 12th — DM for invite!
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@cindyleowtt
cindy
8 months
This Series A is a major milestone for Drift Want to shoutout investors in our $23.5m round last year who've been instrumental for us: @zxocw @polychain for doubling down w/ conviction during the depth of the bear - it was not an easy bet but meant the world to us as founders
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@cindyleowtt
cindy
9 months
We had our largest liquidation day during the big market wipeout yesterday, processing ~$5m in liquidations roughly 10% of OI No socialized losses Insurance Fund grinding up steadily Love to see it
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