Proof of Usefulness Report

Drift Labs

Analysis completed on 1/19/2026

+415
Proof of Usefulness Score
Certified Problem Solver

Drift Protocol is a leading DeFi derivatives exchange on Solana with over $140B in cumulative volume and ~$8M annualized revenue, indicating high real-world utility and traction despite the low-quality submission claims ('most people have used my product'). The project significantly outperforms the calibration baseline (HackerNoon) in financial metrics and technical complexity, justifying a score in the 400+ range. The low response quality penalized the final score, but verified on-chain data confirms 'Unicorn' status potential.

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Score Breakdown

Real World Utility+22
Audience Reach Impact+12
Technical Innovation+13
Evidence Of Traction+23
Market Timing Relevance+9
Functional Completeness+0
Subtotal+82
Usefulness Multiplierx1.01
Final Score+415

Project Details

Project URL
drift.trade
Description
Our goal is to make DEXs the best way to trade derivatives. Despite the decentralized nature of crypto, centralized derivatives exchanges still remain dominant - they're already fast, familiar and reliable.\n\nSo far, the DEX trading experience hasn't met that standard. Slippage is high for large orders, transferring funds between platforms is subject to massive gas fees, and low liquidity leads to poor pricing.\n\nDrift’s goal is to bring a state-of-the-art trader-centric experience from centralized exchanges on-chain. We're a team of experienced traders and builders from DeFi and traditional finance working together to make this a reality.
Audience Reach
everyone
Target Users
everyone
Technologies
Blockchain, Defi, Banking
Traction Evidence
most people have used my product

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline