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 3h ago

DRIFT surged ↗9% today with an additional ↗6% gain, ranking second in DeFi price performance.

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$0.0875

Trading Insights

Buyer Ratio

58%0%

Traders

24

50%

Buyers

14

55.56%

Sellers

11

57.14%

Searched

28

Market Stats

Market Cap

$50.99M

8.26%

FDV

$87.59M

Circ. Supply

582M DRIFT

Max Supply

1B DRIFT

Total Supply

1B DRIFT

Diluted Valuation

$87.44M

Performance

Popularity

#380

Dominance

0%

Volume (24H)

$9.86M

191.4%

Volume (7D)

$33.85M

Volume (30D)

$282.58M

All time high

$2.96

Price Change (1Y)

Not enough data

86.6%

Additional details

Market details

DRIFT vs markets

↘ 85.34%

DRIFT vs BTC

↘ 84.6%

DRIFT vs ETH

↘ 88.49%

Tags

decentralized-exchange-dex-token

defi

derivatives

governance

+3

Network & Addresses

Network
Address

Solana

DriFtupJYLTosbwoN8koMbEYSx54aFAVLddWsbksjwg7

Price history

Time
Price
Change
Today
$0.0875
+8.70%
1 Day
$0.0805
+8.70%
1 Week
$0.0800
+9.38%
1 Month
$0.0920
-4.89%
1 Year
$0.6530
-86.60%

Coinbase insights

Happening now

AI generated 3h ago

DRIFT surged ↗9% today with an additional ↗6% gain, ranking second in DeFi price performance.


Market Position

Exploded ↗117% in daily volume, significantly outpacing crypto market average ↗69%

Weekly gains ↗10% rank eighth in DeFi, trailing JUP and COMP

Trading near daily highs with ↗47% increase in active traders

Recent trends

The latest DRIFT price is $0.0875. Compared to Drift Protocol's value of $0.08 from 24 hours ago, there's been a 9% increase, while the current price is 9% up from $0.08 which was recorded one week ago. Drift Protocol's all time high is $2.96, which was reached on November 9, 2024. This is a -97% change from its price today.

The current circulating supply of Drift Protocol is 582,140,594. This is 58% of its max supply of 1,000,000,000 DRIFT and 58% of its total supply of 1,000,000,000. The market cap is currently $50.99M, which is a result of multiplying the current price of Drift Protocol($0.09) by the total supply(1,000,000,000 DRIFT). The fully diluted valuation of Drift Protocol is $87.59M. The diluted valuation of Drift Protocol is $87.59M.

Drift Protocol had 14 buyers, 11 sellers and total 24 trades in the last 24h. Drift Protocol was searched 28 times in the last 24h.

FAQ

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

The current market cap of Drift Protocol is $50.989M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Drift Protocol is $2.96. 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 $9.859M.

Assets that have a similar market cap to Drift Protocol include Peanut the Squirrel, QuantixAI, Avantis, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Drift Protocol is 582 million.

Drift Protocol ranks 283 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

#982

Contributors

84

Posts

112

% About Drift Protocol

0.017%

Articles

1

X (Twitter)

42.71% bullish

Sentiment

4.5 ★

Highlights

84 unique individuals are talking about Drift Protocol and it is ranked #982 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 4.5 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 46.07% of tweets with bullish sentiment compared to 7.87% of tweets with a bearish sentiment about Drift Protocol. 53.93% of tweets were neutral about Drift Protocol. These sentiments are based on 96 tweets.

On Reddit, Drift Protocol was mentioned in 9 Reddit posts and there were 95 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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