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 4h ago

DRIFT's trading activity surged roughly

↗24%

over the past 24 hours as the Solana-based derivatives platform shows growing interest following earlier volatility.

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€0.014

Trading Insights

Buyer Ratio

75%0%

Traders

32

3.03%

Buyers

24

9.09%

Sellers

9

35.71%

Searched

79

Market Stats

Market Cap

€8.58M

2.49%

FDV

€14.03M

Circ. Supply

612M DRIFT

Max Supply

1B DRIFT

Total Supply

1B DRIFT

Diluted Valuation

€14.04M

Performance

Popularity

#989

Dominance

0%

Volume (24H)

€5.42M

25.57%

Volume (7D)

€67.36M

Volume (30D)

€137.91M

All time high

€2.55

Price Change (1Y)

Not enough data

96.33%

Additional details

Market details

DRIFT vs markets

↘ 94.63%

DRIFT vs BTC

↘ 94.15%

DRIFT vs ETH

↘ 94.82%

Tags

decentralized-exchange-dex-token

defi

derivatives

governance

+4

Network & Addresses

Network
Address

Solana

DriFtupJYLTosbwoN8koMbEYSx54aFAVLddWsbksjwg7

Price history

Time
Price
Change
Today
€0.014
-3.16%
1 Day
€0.01444
-3.16%
1 Week
€0.01393
+0.93%
1 Month
€0.02537
-44.92%
1 Year
€0.386
-96.33%

Coinbase insights

Happening now

AI generated 4h ago

DRIFT's trading activity surged roughly

↗24%

over the past 24 hours as the Solana-based derivatives platform shows growing interest following earlier volatility.


Foundation stabilizing with growing participation

Trading activity is picking up with volume gains over the past day and week, while the ownership structure remains well-distributed and new investors continue joining, suggesting a healthy base is forming.


Trading interest picking up

Volume jumped roughly

↗24%

over the past 24 hours and roughly

↗22%

over the past week, with traders paying an 11.57% annual rate to hold positions, showing conviction despite recent price consolidation.


Widely distributed ownership

The top 10 holders control just 0.6% of the total supply, making DRIFT one of the most decentralized tokens in the DeFi space, with 53 new holders joining the community over the past week.

Recent trends

The latest DRIFT price is €0.014. Compared to Drift Protocol's value of €0.01 from 24 hours ago, there's been a -3% decrease, while the current price is 1% up from €0.01 which was recorded one week ago. Drift Protocol's all time high is €2.55, which was reached on November 9, 2024. This is a -99% 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 €8.58M, which is a result of multiplying the current price of Drift Protocol(€0.01) by the total supply(1,000,000,000 DRIFT). The fully diluted valuation of Drift Protocol is €14.03M. The diluted valuation of Drift Protocol is €14.03M.

Drift Protocol had 24 buyers, 9 sellers and total 32 trades in the last 24h. Drift Protocol was searched 79 times in the last 24h.

FAQ

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

The current market cap of Drift Protocol is €8.578M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Drift Protocol is €2.55. 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 €5.423M.

Assets that have a similar market cap to Drift Protocol include Dexsport, Stader, Maverick Protocol, 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 297 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

#796

Contributors

72

Posts

110

% About Drift Protocol

0.021%

Articles

1

X (Twitter)

18.37% bullish

Sentiment

2.4 ★

Highlights

72 unique individuals are talking about Drift Protocol and it is ranked #796 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 2.4 out of 5. Finally, Drift Protocol is becoming less newsworthy, with 1 news articles published about Drift Protocol.

On Twitter, people are mostly neutral about Drift Protocol. There were 24.32% of tweets with bullish sentiment compared to 32.43% of tweets with a bearish sentiment about Drift Protocol. 75.68% of tweets were neutral about Drift Protocol. These sentiments are based on 98 tweets.

On Reddit, Drift Protocol was mentioned in 2 Reddit posts and there were 2 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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