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.
Trading Insights
Buyer Ratio
Traders
45
50%
Buyers
30
42.86%
Sellers
19
72.73%
Searched
59
Market Stats
Market Cap
£15.03M
19.2%
FDV
£24.59M
Circ. Supply
612M DRIFT
Max Supply
1B DRIFT
Total Supply
1B DRIFT
Diluted Valuation
£24.57M
Performance
Popularity
#730
Dominance
0%
Volume (24H)
£17.31M
39.04%
Volume (7D)
£40.66M
Volume (30D)
£475.82M
All time high
£2.19
Price Change (1Y)
Not enough data
94.76%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Additional details
Recent trends
The price of Drift Protocol has increased by 6.45% in the last hour and increased by 20.00% in the past 24 hours. Drift Protocol’s price has also risen by 17.86% in the past week. The current price is £0.02483 per DRIFT with a 24-hour trading volume of £17.31M. Currently, Drift Protocol is valued at 98.87% below its all time high of £2.19. This all-time high was the highest price paid for Drift Protocol since its launch.
The current circulating supply of Drift Protocol is 611,515,824.085 DRIFT which means that Drift Protocol has as total market cap of £15,034,395.26.
Market details
DRIFT vs markets
↘ 93.15%
DRIFT vs BTC
↘ 92.59%
DRIFT vs ETH
↘ 93.66%
Tags
decentralized-exchange-dex-token
defi
derivatives
governance
+4
Network & Addresses
Network | Address | |
|---|---|---|
Solana | DriFtupJYLTosbwoN8koMbEYSx54aFAVLddWsbksjwg7 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.02483 | |
1 Day | £0.02047 | |
1 Week | £0.02094 | |
1 Month | £0.02475 | |
1 Year | £0.464 |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Social stats
Popularity in posts
#724
Contributors
87
Posts
127
% About Drift Protocol
0.02%
Articles
2
X (Twitter)
27.47% bullish
Sentiment
2.5 ★
Highlights
87 unique individuals are talking about Drift Protocol and it is ranked #724 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 2.5 out of 5. Finally, Drift Protocol is becoming less newsworthy, with 2 news articles published about Drift Protocol.
On Twitter, people are mostly neutral about Drift Protocol. There were 36.23% of tweets with bullish sentiment compared to 31.88% of tweets with a bearish sentiment about Drift Protocol. 63.77% of tweets were neutral about Drift Protocol. These sentiments are based on 91 tweets.
On Reddit, Drift Protocol was mentioned in 17 Reddit posts and there were 82 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
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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.