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 23h ago

DRIFT is navigating recovery after a $280M April exploit

, with Tether committing approximately $127.5M to compensate affected users.

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€0.01017

Trading Insights

Buyer Ratio

56%0%

Traders

18

12.5%

Buyers

10

9.09%

Sellers

8

0%

Searched

45

Market Stats

Market Cap

€6.24M

0.12%

FDV

€10.21M

Circ. Supply

612M DRIFT

Max Supply

1B DRIFT

Total Supply

1B DRIFT

Diluted Valuation

€10.21M

Performance

Popularity

#1,030

Dominance

0%

Volume (24H)

€1.79M

22.94%

Volume (7D)

€14.6M

Volume (30D)

€51.49M

All time high

€2.53

Price Change (1Y)

97.77%

Additional details

Market details

DRIFT vs markets

↘ 96.56%

DRIFT vs BTC

↘ 96.43%

DRIFT vs ETH

↘ 95.75%

Tags

decentralized-exchange-dex-token

defi

derivatives

governance

+4

Network & Addresses

Network
Address

Solana

DriFtupJYLTosbwoN8koMbEYSx54aFAVLddWsbksjwg7

Price history

Time
Price
Change
Today
€0.01017
+2.63%
1 Day
€0.009917
+2.63%
1 Week
€0.009726
+5.88%
1 Month
€0.0116
-10.20%
1 Year
€0.4575
-97.77%

Coinbase insights

Happening now

AI generated 23h ago

DRIFT is navigating recovery after a $280M April exploit

, with Tether committing approximately $127.5M to compensate affected users.


Mixed signals as platform stabilizes

The platform is trading near its 24-hour high despite sellers outnumbering buyers by roughly 1.45 times over the past day, reflecting cautious investor sentiment following the security incident.


Price consolidating after exploit

The price declined roughly

↘10.51%

over the past month while trading volume edged up approximately

↗2.65%

over the past 24 hours.


Positioning costs signal continued interest

The cost to hold positions stands at approximately 0.01% (around 11.6% annualized), indicating ongoing investor interest despite recent challenges.


Part of broader security challenges

The Drift incident was among 12 protocols attacked

in a two-week span, highlighting

broader DeFi security challenges

across the industry in 2026.

Recent trends

The latest DRIFT price is €0.01017. Compared to Drift Protocol's value of €0.01 from 24 hours ago, there's been a 3% increase, while the current price is 6% up from €0.01 which was recorded one week ago. Drift Protocol's all time high is €2.53, 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 €6.24M, 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 €10.21M. The diluted valuation of Drift Protocol is €10.21M.

Drift Protocol had 10 buyers, 8 sellers and total 18 trades in the last 24h. Drift Protocol was searched 45 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 €6.243M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Drift Protocol is €2.53. 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 €1.786M.

Assets that have a similar market cap to Drift Protocol include FC Barcelona Fan Token, ANDY (ETH), DEXTools, 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 313 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

#759

Contributors

38

Posts

42

% About Drift Protocol

0.011%

Articles

0

X (Twitter)

23.53% bullish

Sentiment

3.4 ★

Highlights

38 unique individuals are talking about Drift Protocol and it is ranked #759 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 3.4 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 26.67% of tweets with bullish sentiment compared to 13.33% of tweets with a bearish sentiment about Drift Protocol. 73.33% of tweets were neutral about Drift Protocol. These sentiments are based on 34 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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