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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 6h ago
DRIFT gained ↗1% overnight, outperforming the broader market's decline while trailing DeFi leaders.
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Trading Insights
Buyer Ratio
Traders
22
26.67%
Buyers
13
35%
Sellers
11
15.38%
Searched
44
Market Stats
Market Cap
S$11.79M
1.83%
FDV
S$19.28M
Circ. Supply
612M DRIFT
Max Supply
1B DRIFT
Total Supply
1B DRIFT
Diluted Valuation
S$19.25M
Performance
Popularity
#990
Dominance
0%
Volume (24H)
S$4.89M
0.48%
Volume (7D)
S$135.93M
Volume (30D)
S$629.8M
All time high
S$3.83
Price Change (1Y)
Not enough data
96.47%
Additional details
Market details
DRIFT vs markets
↘ 94.5%
DRIFT vs BTC
↘ 93.47%
DRIFT vs ETH
↘ 94.03%
Tags
decentralized-exchange-dex-token
defi
derivatives
governance
+4
Network & Addresses
Network | Address | |
|---|---|---|
Solana | DriFtupJYLTosbwoN8koMbEYSx54aFAVLddWsbksjwg7 |
Price history
Time | Price | Change |
|---|---|---|
Today | S$0.01934 | |
1 Day | S$0.01893 | |
1 Week | S$0.02077 | |
1 Month | S$0.0206 | |
1 Year | S$0.5392 |
Coinbase insights
Happening now
AI generated 6h ago
DRIFT gained ↗1% overnight, outperforming the broader market's decline while trailing DeFi leaders.
Market Position
•
Volume surged ↗15% daily, contrasting broader market's ↘10% decline
•
Weekly losses of ↘10% underperform DeFi category's ↗7% average gains
•
Monthly declines of ↘5% trail DeFi peers' robust ↗13% growth
Past Stories
•
(Apr 2026) Secured $150M recovery plan from Tether.
Source↗Recent trends
The latest DRIFT price is S$0.01934. Compared to Drift Protocol's value of S$0.02 from 24 hours ago, there's been a 2% increase, while the current price is -7% down from S$0.02 which was recorded one week ago. Drift Protocol's all time high is S$3.83, 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 S$11.79M, which is a result of multiplying the current price of Drift Protocol(S$0.02) by the total supply(1,000,000,000 DRIFT). The fully diluted valuation of Drift Protocol is S$19.28M. The diluted valuation of Drift Protocol is S$19.28M.
Drift Protocol had 13 buyers, 11 sellers and total 22 trades in the last 24h. Drift Protocol was searched 44 times in the last 24h.
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Social stats
Popularity in posts
#626
Contributors
83
Posts
105
% About Drift Protocol
0.021%
Articles
1
X (Twitter)
57.29% bullish
Sentiment
4.6 ★
Highlights
83 unique individuals are talking about Drift Protocol and it is ranked #626 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 4.6 out of 5. Finally, Drift Protocol is becoming less newsworthy, with 1 news articles published about Drift Protocol.
On Twitter, people are mostly bullish about Drift Protocol. There were 60.44% of tweets with bullish sentiment compared to 5.49% of tweets with a bearish sentiment about Drift Protocol. 39.56% of tweets were neutral about Drift Protocol. These sentiments are based on 96 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.
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