Convert Drift Protocol DRIFT to Indigo Protocol INDY
DRIFT to INDY: 1 Drift Protocol converts to 0.2174 INDY
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About DRIFT and INDY
Drift Protocol is climbing, while Indigo Protocol is falling this week. The current DRIFT to INDY conversion rate is 0.2174. Inversely, this means that if you convert 1 INDY you will get 4.60 DRIFT. The conversion rate of DRIFT/INDY has decreased by 2.85% in the last hour (INDY/DRIFT increased by 2.85%). In the last 24 hours, DRIFT/INDY grew by 55.06%, while INDY/DRIFT shrunk by the same amount.
The exchange rate of Drift Protocol is increasing. The current value of 1 DRIFT is 0.2174 INDY. In other words, to buy 5 Drift Protocol, it would cost you 1.0868 INDY. Inversely, 1 INDY would allow you to trade for 4.60 DRIFT while 50 INDY would convert to 230.03 DRIFT, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 11.44%. Meanwhile, in the last 24 hours, the rate has changed by 34.6%, which means that the highest exchange rate of 1 DRIFT to INDY was 0.2293 INDY and the lowest 24 hour value was 1 DRIFT for 0.1419 INDY. Last month, 1 DRIFT was worth 0.2696 INDY. Today, it's down 24.05%. Looking back a year, Drift Protocol has changed by 0.4776 INDY. That means that in a single year, the value of Drift Protocol has shrank by 119.73%.
Drift Protocol Market Stats
Drift Protocol is a decentralized exchange built on Solana. Drift Protocol supports token swaps, spot margin trading, and perpetual futures trading. DRIFT is the governance token of the Drift DAO. Token holders can vote on governance proposals related to protocol development. Proposals may involve determining protocol fees, setting technical parameters, and treasury management.
Indigo Protocol Market Stats
What is Indigo Protocol? Indigo is an autonomous synthetics protocol for on-chain price exposure to real-world assets, built on Cardano, and has brought the first Native Stablecoin to the Cardano ecosystem, iUSD. How does Indigo work? Indigo allows anyone to create synthetic assets, known as iAssets. iAssets can be created using currencies such as stablecoins and ADA. They have the same price effect as holding the asset being replicated. This allows you to gain profit from the increase in price of an asset without owning the original asset itself. What are Synthetic Assets? Synthetic Assets give users exposure to a variety of assets without the need to actually own the underlying asset. These assets can be anything that has value in the real world. With its transparency, efficiency, low barriers to entry, and decentralized traits, the Blockchain can smoothly deliver all these assets to anyone with access to the Internet. The INDY governance token comes from its use in the Indigo DAO voting process. The total supply of INDY will be 35M tokens with a 6-decimal precision. The max supply of INDY will be distributed to protocol users, stakers, and LPs over the course of four years. We believe in a fair distribution of the INDY tokens to the early adopters of the protocol, therefore there will be NO community pre-sale via ICO/ISO/ISPO. What is the Indigo DAO? Indigo is a decentralized community-led project. The Indigo DAO owns the Indigo Protocol, including the application, website, and all intellectual property. A DAO (decentralized autonomous organization) is like a company, but instead of being incorporated in a country is established in a blockchain. You, the Indigo community, control the decisions for the Indigo DAO. You can cast your votes using the INDY token. A forum has been established to help facilitate community votes. All Indigo community members are encouraged to join the forum to propose, discuss and vote on ideas to guide Indigo’s future direction.
Conversion tables
DRIFT to INDY values from Today at 11:29 pm
0.5 DRIFT = 0.1087 INDY |
1 DRIFT = 0.2174 INDY |
5 DRIFT = 1.09 INDY |
10 DRIFT = 2.17 INDY |
50 DRIFT = 10.87 INDY |
100 DRIFT = 21.74 INDY |
500 DRIFT = 108.68 INDY |
1,000 DRIFT = 217.37 INDY |
INDY to DRIFT values from Today at 11:28 pm
0.5 INDY = 2.30 DRIFT |
1 INDY = 4.60 DRIFT |
5 INDY = 23.00 DRIFT |
10 INDY = 46.01 DRIFT |
50 INDY = 230.03 DRIFT |
100 INDY = 460.05 DRIFT |
500 INDY = 2,300.26 DRIFT |
1,000 INDY = 4,600.52 DRIFT |
DRIFT to INDY over time
DRIFT | Today | 24H 34.60% | 1M -24.05% | 1Y -119.73% |
|---|---|---|---|---|
0.5 DRIFT | 0.1087 INDY | 0.07108 INDY | 0.1348 INDY | 0.2388 INDY |
1 DRIFT | 0.2174 INDY | 0.1422 INDY | 0.2696 INDY | 0.4776 INDY |
5 DRIFT | 1.09 INDY | 0.7108 INDY | 1.35 INDY | 2.39 INDY |
10 DRIFT | 2.17 INDY | 1.42 INDY | 2.70 INDY | 4.78 INDY |
50 DRIFT | 10.87 INDY | 7.11 INDY | 13.48 INDY | 23.88 INDY |
100 DRIFT | 21.74 INDY | 14.22 INDY | 26.96 INDY | 47.76 INDY |
500 DRIFT | 108.68 INDY | 71.08 INDY | 134.82 INDY | 238.81 INDY |
1,000 DRIFT | 217.37 INDY | 142.16 INDY | 269.65 INDY | 477.61 INDY |
Frequently asked questions
Right now, 1 Drift Protocol is worth about $0.0175.
Based on the current rate, you could get 57.14 DRIFT for 1 USD.
You can use our DRIFT to USD calculator at the top of this page to convert any amount of DRIFT to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 285.71 DRIFT. Inversely, 5 DRIFT will cost about $0.0875
Drift Protocol is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Drift Protocol.
There are a number of crypto assets that have the a similar or comparable market cap to Drift Protocol, including Dolomite, MyNeighborAlice, and Bone ShibaSwap. For a more robust list of assets to explore, jump to the asset page dedicated to Drift Protocol.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.