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How to Buy Drift Protocol
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About Drift Protocol
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.
Happening now
AI generated 16h ago
DRIFT declined ↘8% today, significantly underperforming DeFi category peers like SNX.
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A$0.02015
Trading Insights
Buyer Ratio
50%0%
Traders
24
20%
Buyers
12
33.33%
Sellers
13
7.14%
Searched
17
Market Stats
Market Cap
A$12.31M
3.53%
FDV
A$20.13M
Circ. Supply
612M DRIFT
Max Supply
1B DRIFT
Total Supply
1B DRIFT
Diluted Valuation
A$20.11M
Performance
Popularity
#1,011
Dominance
0%
Volume (24H)
A$4.53M
7.06%
Volume (7D)
A$153.35M
Volume (30D)
A$699.89M
All time high
A$4.27
Price Change (1Y)
Not enough data
97.01%
Additional details
Market details
DRIFT vs markets
↘ 94.95%
DRIFT vs BTC
↘ 94.28%
DRIFT vs ETH
↘ 94.93%
Tags
decentralized-exchange-dex-token
defi
derivatives
governance
+4
Network & Addresses
Network | Address | |
|---|---|---|
Solana | DriFtupJYLTosbwoN8koMbEYSx54aFAVLddWsbksjwg7 |
Price history
Time | Price | Change |
|---|---|---|
Today | A$0.02015 | |
1 Day | A$0.02073 | |
1 Week | A$0.02258 | |
1 Month | A$0.02332 | |
1 Year | A$0.7136 |
Coinbase insights
Happening now
AI generated 16h ago
DRIFT declined ↘8% today, significantly underperforming DeFi category peers like SNX.
Market Position
•
Weekly decline of ↘11% substantially underperforms DeFi category average ↗4% increase
•
Monthly losses of ↘12% trail DeFi sector's ↗20% average growth
•
Trading volume rose ↗3% daily despite strong selling pressure
Past Stories
•
(Apr 2026) Received $150M support for recovery efforts.
Source↗Recent trends
The latest DRIFT price is A$0.02015. Compared to Drift Protocol's value of A$0.02 from 24 hours ago, there's been a -3% decrease, while the current price is -11% down from A$0.02 which was recorded one week ago. Drift Protocol's all time high is A$4.27, which was reached on November 9, 2024. This is a -100% change from its price today.
The current circulating supply of Drift Protocol is 611,515,824. This is 61% of its max supply of 1,000,000,000 DRIFT and 61% of its total supply of 1,000,000,000. The market cap is currently A$12.31M, which is a result of multiplying the current price of Drift Protocol(A$0.02) by the total supply(1,000,000,000 DRIFT). The fully diluted valuation of Drift Protocol is A$20.13M. The diluted valuation of Drift Protocol is A$20.13M.
Drift Protocol had 12 buyers, 13 sellers and total 24 trades in the last 24h. Drift Protocol was searched 17 times in the last 24h.
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Social stats
Popularity in posts
#771
Contributors
57
Posts
64
% About Drift Protocol
0.013%
Articles
0
X (Twitter)
70.37% bullish
Sentiment
4.2 ★
Highlights
57 unique individuals are talking about Drift Protocol and it is ranked #771 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Drift Protocol has an average sentiment score of 4.2 out of 5. Finally, Drift Protocol is becoming less newsworthy, with 0 news articles published about Drift Protocol.
On Twitter, people are mostly bullish about Drift Protocol. There were 80.85% of tweets with bullish sentiment compared to 14.89% of tweets with a bearish sentiment about Drift Protocol. 19.15% of tweets were neutral about Drift Protocol. These sentiments are based on 54 tweets.
On Reddit, Drift Protocol was mentioned in 1 Reddit posts and there were 5 comments about Drift Protocol. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.