About Drift Protocol

DRIFT is the governance token of Drift Protocol, a decentralized trading platform built on Solana. It lets holders participate in the Drift ecosystem through governance and staking.

Happening now

AI generated

DRIFT slipped ↘5% over the past 24 hours, closely mirroring the DeFi category's average ↘5% decline, while underperforming the broader crypto market which fell only ↘3%.
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CA$0.01818
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Trading Insights

Buyer Ratio

70%0%

Traders

33

10%

Buyers

23

35.29%

Sellers

11

38.89%

Searched

29

Market Stats

Market Cap

CA$11.06M

0.91%

FDV

CA$18.09M

Circ. Supply

612M DRIFT

Max Supply

1B DRIFT

Total Supply

1B DRIFT

Diluted Valuation

CA$18.09M

Performance

Popularity

#1,036

Dominance

0%

Volume (24H)

CA$3.22M

8.8%

Volume (7D)

CA$19.1M

Volume (30D)

CA$88.1M

All time high

CA$4.14

Price Change (1Y)

96.95%

Additional details

Market details

DRIFT vs markets

↘ 95.63%

DRIFT vs BTC

↘ 95.58%

DRIFT vs ETH

↘ 94.61%

Tags

decentralized-exchange-dex-token

defi

derivatives

governance

+4

Network & Addresses

Network
Address

Solana

DriFtupJYLTosbwoN8koMbEYSx54aFAVLddWsbksjwg7

Price history

Time
Price
Change
Today
CA$0.01818
+0.93%
1 Day
CA$0.01802
+0.93%
1 Week
CA$0.0195
-6.61%
1 Month
CA$0.02736
-32.32%
1 Year
CA$0.5963
-96.95%

Coinbase insights

Happening now

AI generated

DRIFT slipped ↘5% over the past 24 hours, closely mirroring the DeFi category's average ↘5% decline, while underperforming the broader crypto market which fell only ↘3%.

Market Position
•

Trading volume ↗21% over the past 24 hours, though still below the broader crypto market average

•

Roughly 1.4x more unique buyers than sellers, despite sell transactions running slightly ahead by count

•

Liquidity-to-market-cap ratio at about 0.23%, below DeFi peers like MKR and JUP

Recent trends

The latest DRIFT price is CA$0.01818. Compared to Drift Protocol's value of CA$0.02 from 24 hours ago, there's been a 1% increase, while the current price is -7% down from CA$0.02 which was recorded one week ago. Drift Protocol's all time high is CA$4.14, 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$11.06M, 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$18.09M. The diluted valuation of Drift Protocol is CA$18.09M.

Drift Protocol had 23 buyers, 11 sellers and total 33 trades in the last 24h. Drift Protocol was searched 29 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$11.061M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Drift Protocol is CA$4.14. 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$3.225M.

Assets that have a similar market cap to Drift Protocol include Solomon, Defigram, RIZE, 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 281 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

#578

Contributors

65

Posts

85

% About Drift Protocol

0.018%

Articles

0

X (Twitter)

25% bullish

Sentiment

2.9 ★

Highlights

65 unique individuals are talking about Drift Protocol and it is ranked #578 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 2.9 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 32.65% of tweets with bullish sentiment compared to 30.61% of tweets with a bearish sentiment about Drift Protocol. 67.35% of tweets were neutral about Drift Protocol. These sentiments are based on 64 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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