Lime Crime's Velvetines ($17.00) are long-lasting lipsticks that dry matte. These are always sold out, so as soon as they were back in stock I ordered Suedeberry, a strawberry red. The shade is far more vibrant when applied at first, it goes on as a normal non-sticky lipgloss and dries completely matte. Velvetines are opaque though they appear to have a watery consistency. I didn't find Velvetines to be drying though I don't have dry lips, compared to Mac Lipsticks (i.e. Ruby Woo) which does dry my lips.
I'm sure this Velvetines will last a while, as a little goes a long way, and it really stands up for the long-lasting part (tested 5 hours). I love Lime Crime lip products, they're well worth the price tag.