Drift Protocol Launches Pre-Launch Market for New Tokens, Starting with Wormhole's Upcoming W Token
• Drift Protocol opening a "pre-launch market" for trading tokens before they start officially trading • First token will be Wormhole's upcoming W token • Allows traders to bet on token prices before launch, helping price discovery • Risks include potential for manipulation and volatile prices • Estimated daily volume under $1 million based on trends from other chains