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How to Buy Drift Protocol
Good news! You can buy Drift Protocol on Coinbase's centralized exchange. We've included detailed instructions to make it easier for you 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 8h ago
DRIFT's price held relatively steady following the $280M exploit linked to a North Korean operation
, rising roughly
↗2.84%
over the past week as
recovery efforts progress.
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MX$0.2053
Trading Insights
Buyer Ratio
73%0%
Traders
26
33.33%
Buyers
19
17.39%
Sellers
7
65%
Searched
40
Market Stats
Market Cap
MX$126.16M
0.46%
FDV
MX$206.3M
Circ. Supply
612M DRIFT
Max Supply
1B DRIFT
Total Supply
1B DRIFT
Diluted Valuation
MX$206.18M
Performance
Popularity
#1,053
Dominance
0%
Volume (24H)
MX$33.15M
42.05%
Volume (7D)
MX$277.63M
Volume (30D)
MX$1.01B
All time high
MX$50.10
Price Change (1Y)
97.87%
Additional details
Market details
DRIFT vs markets
↘ 96.77%
DRIFT vs BTC
↘ 96.89%
DRIFT vs ETH
↘ 95.72%
Tags
decentralized-exchange-dex-token
defi
derivatives
governance
+4
Network & Addresses
Network | Address | |
|---|---|---|
Solana | DriFtupJYLTosbwoN8koMbEYSx54aFAVLddWsbksjwg7 |
Price history
Time | Price | Change |
|---|---|---|
Today | MX$0.2053 | |
1 Day | MX$0.2021 | |
1 Week | MX$0.2007 | |
1 Month | MX$0.2132 | |
1 Year | MX$10.66 |
Coinbase insights
Happening now
AI generated 8h ago
DRIFT's price held relatively steady following the $280M exploit linked to a North Korean operation
, rising roughly
↗2.84%
over the past week as
recovery efforts progress.
Stabilization amid recovery efforts
Price rose roughly
↗2.15%
over the past 24 hours while trading volume reached approximately $1.98M over the same period, with the recovery news providing constructive context for the Solana Ecosystem project.
Mixed trading signals
The number of active traders dropped roughly
↘48.2%
over the past 24 hours and selling pressure remained elevated with approximately 1.5x more sellers than buyers over the same period.
Investor positioning metrics
On-chain data shows investors realizing losses with sentiment indicators reflecting cautious positioning, while the asset's ownership remains well distributed with top holders controlling only 0.6% of supply.
Recent trends
The latest DRIFT price is MX$0.2053. Compared to Drift Protocol's value of MX$0.20 from 24 hours ago, there's been a 2% increase, while the current price is 3% up from MX$0.20 which was recorded one week ago. Drift Protocol's all time high is MX$50.10, 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 MX$126.16M, which is a result of multiplying the current price of Drift Protocol(MX$0.21) by the total supply(1,000,000,000 DRIFT). The fully diluted valuation of Drift Protocol is MX$206.3M. The diluted valuation of Drift Protocol is MX$206.3M.
Drift Protocol had 19 buyers, 7 sellers and total 26 trades in the last 24h. Drift Protocol was searched 40 times in the last 24h.
FAQ
Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase.
Terms apply. 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.
Social stats
Popularity in posts
#1009
Contributors
30
Posts
37
% About Drift Protocol
0.007%
Articles
0
X (Twitter)
27.27% bullish
Sentiment
2.8 ★
Highlights
30 unique individuals are talking about Drift Protocol and it is ranked #1,009 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 2.8 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 37.5% of tweets with bullish sentiment compared to 37.5% of tweets with a bearish sentiment about Drift Protocol. 62.5% of tweets were neutral about Drift Protocol. These sentiments are based on 33 tweets.
On Reddit, Drift Protocol was mentioned in 1 Reddit posts and there were 1 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.