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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 5h ago
DRIFT declined ↘3% daily despite accelerating downward momentum this Wednesday evening, while trading activity surged ↗35%.
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ARS 48.47
Trading Insights
Buyer Ratio
46%0%
Traders
56
24.44%
Buyers
26
10.34%
Sellers
33
57.14%
Searched
70
Market Stats
Market Cap
ARS 29.75B
8.09%
FDV
ARS 48.65B
Circ. Supply
612M DRIFT
Max Supply
1B DRIFT
Total Supply
1B DRIFT
Diluted Valuation
ARS 48.72B
Performance
Popularity
#683
Dominance
0%
Volume (24H)
ARS 12.59B
26.91%
Volume (7D)
ARS 87.44B
Volume (30D)
ARS 325.33B
All time high
ARS 4.16K
Price Change (1Y)
Not enough data
93.45%
Additional details
Market details
DRIFT vs markets
↘ 92.74%
DRIFT vs BTC
↘ 92.32%
DRIFT vs ETH
↘ 95.21%
Tags
decentralized-exchange-dex-token
defi
derivatives
governance
+3
Network & Addresses
Network | Address | |
|---|---|---|
Solana | DriFtupJYLTosbwoN8koMbEYSx54aFAVLddWsbksjwg7 |
Price history
Time | Price | Change |
|---|---|---|
Today | ARS 48.47 | |
1 Day | ARS 52.50 | |
1 Week | ARS 63.70 | |
1 Month | ARS 108.96 | |
1 Year | ARS 639.70 |
Coinbase insights
Happening now
AI generated 5h ago
DRIFT declined ↘3% daily despite accelerating downward momentum this Wednesday evening, while trading activity surged ↗35%.
Market Position
•
Weekly decline ↘12% significantly underperforms DeFi peers like SUSHI which gained ↗13%
•
Monthly performance drops ↘54% while category peers like AERO surge ↗39%
•
Volume up ↗5% daily but remains below market average with heavy selling pressure
Latest Stories
•
Tether pledges $150 million to support Drift's recovery and token issuance.
Source↗Recent trends
The latest DRIFT price is ARS 48.47. Compared to Drift Protocol's value of ARS 52.50 from 24 hours ago, there's been a -8% decrease, while the current price is -24% down from ARS 63.70 which was recorded one week ago. Drift Protocol's all time high is ARS 4,158.80, 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 ARS 29.75B, which is a result of multiplying the current price of Drift Protocol(ARS 48.47) by the total supply(1,000,000,000 DRIFT). The fully diluted valuation of Drift Protocol is ARS 48.65B. The diluted valuation of Drift Protocol is ARS 48.65B.
Drift Protocol had 26 buyers, 33 sellers and total 56 trades in the last 24h. Drift Protocol was searched 70 times in the last 24h.
FAQ
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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.
Drift Protocol news
Social stats
Popularity in posts
#88
Contributors
704
Posts
909
% About Drift Protocol
0.157%
Articles
23
X (Twitter)
21.88% bullish
Sentiment
2.3 ★
Highlights
704 unique individuals are talking about Drift Protocol and it is ranked #88 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 2.3 out of 5. Finally, Drift Protocol is becoming less newsworthy, with 23 news articles published about Drift Protocol.
On Twitter, people are mostly neutral about Drift Protocol. There were 30.71% of tweets with bullish sentiment compared to 40.36% of tweets with a bearish sentiment about Drift Protocol. 69.29% of tweets were neutral about Drift Protocol. These sentiments are based on 786 tweets.
On Reddit, Drift Protocol was mentioned in 12 Reddit posts and there were 37 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.
