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 2h ago

DRIFT dropped ↘4% during Tuesday afternoon trading, reflecting hourly weakness amid broader DeFi market pressure.

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Trading Insights

Buyer Ratio

78%0%

Traders

32

3.23%

Buyers

25

38.89%

Sellers

13

7.14%

Searched

43

Market Stats

Market Cap

CA$9.89M

2.38%

FDV

CA$16.17M

Circ. Supply

612M DRIFT

Max Supply

1B DRIFT

Total Supply

1B DRIFT

Diluted Valuation

CA$16.14M

Performance

Popularity

#1,071

Dominance

0%

Volume (24H)

CA$3.03M

30.15%

Volume (7D)

CA$15.61M

Volume (30D)

CA$83.45M

All time high

CA$4.12

Price Change (1Y)

98.32%

Additional details

Market details

DRIFT vs markets

↘ 97.39%

DRIFT vs BTC

↘ 97.39%

DRIFT vs ETH

↘ 96.83%

Tags

decentralized-exchange-dex-token

defi

derivatives

governance

+4

Network & Addresses

Network
Address

Solana

DriFtupJYLTosbwoN8koMbEYSx54aFAVLddWsbksjwg7

Price history

Time
Price
Change
Today
CA$0.01613
+1.99%
1 Day
CA$0.01573
+1.99%
1 Week
CA$0.01687
-5.68%
1 Month
CA$0.01576
+1.63%
1 Year
CA$0.9411
-98.32%

Coinbase insights

Happening now

AI generated 2h ago

DRIFT dropped ↘4% during Tuesday afternoon trading, reflecting hourly weakness amid broader DeFi market pressure.


Market Position

Leads DeFi category in daily price gains despite category's ↘12% weekly decline

Trading volume surged ↗19% over the past day with 721 daily transactions

Buyer dominance at roughly 72% outperforms broader market's ↘3% daily drop


Past Stories

(Apr 2026) Secured recovery fund led by Tether.

Source↗

Recent trends

The latest DRIFT price is CA$0.01613. Compared to Drift Protocol's value of CA$0.02 from 24 hours ago, there's been a 2% increase, while the current price is -6% down from CA$0.02 which was recorded one week ago. Drift Protocol's all time high is CA$4.12, 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 CA$9.89M, which is a result of multiplying the current price of Drift Protocol(CA$0.02) by the total supply(1,000,000,000 DRIFT). The fully diluted valuation of Drift Protocol is CA$16.17M. The diluted valuation of Drift Protocol is CA$16.17M.

Drift Protocol had 25 buyers, 13 sellers and total 32 trades in the last 24h. Drift Protocol was searched 43 times in the last 24h.

FAQ

We update our Drift Protocol to CAD currency in real-time. Get the live price of Drift Protocol on Coinbase.

The current market cap of Drift Protocol is CA$9.889M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Drift Protocol is CA$4.12. This all-time high is highest price paid for Drift Protocol since it was launched.

Over the last 24 hours, the trading volume of Drift Protocol is CA$3.026M.

Assets that have a similar market cap to Drift Protocol include Redbelly Network, Marvell Technology Tokenized bStocks, Konnect, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Drift Protocol is 612 million.

Drift Protocol ranks 311 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Yes, Drift Protocol is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Drift Protocol guide.

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Social stats

Popularity in posts

#1196

Contributors

13

Posts

19

% About Drift Protocol

0.005%

Articles

0

X (Twitter)

33.33% bullish

Sentiment

5.0 ★

Highlights

13 unique individuals are talking about Drift Protocol and it is ranked #1,196 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 5.0 out of 5. Finally, Drift Protocol is becoming less newsworthy, with 0 news articles published about Drift Protocol.

On Twitter, people are mostly neutral about Drift Protocol. There were 33.33% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Drift Protocol. 66.67% of tweets were neutral about Drift Protocol. These sentiments are based on 12 tweets.

On Reddit, Drift Protocol was mentioned in 0 Reddit posts and there were 0 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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