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 13h ago
DRIFT gained ↗4% Wednesday morning building on a recent 5% surge, while significantly underperforming DeFi leaders like CVX which surged ↗15%.
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Buyer Ratio
Traders
31
14.81%
Buyers
16
5.88%
Sellers
17
54.55%
Searched
31
Market Stats
Market Cap
ARS 72.61B
4.2%
FDV
ARS 124.79B
Circ. Supply
582M DRIFT
Max Supply
1B DRIFT
Total Supply
1B DRIFT
Diluted Valuation
ARS 125.03B
Performance
Popularity
#365
Dominance
0%
Volume (24H)
ARS 13.22B
78.87%
Volume (7D)
ARS 89.47B
Volume (30D)
ARS 417.70B
All time high
ARS 4.16K
Price Change (1Y)
Not enough data
87.78%
Additional details
Market details
DRIFT vs markets
↘ 86.1%
DRIFT vs BTC
↘ 84.79%
DRIFT vs ETH
↘ 87.16%
Tags
decentralized-exchange-dex-token
defi
derivatives
governance
+3
Network & Addresses
Network | Address | |
|---|---|---|
Solana | DriFtupJYLTosbwoN8koMbEYSx54aFAVLddWsbksjwg7 |
Price history
Time | Price | Change |
|---|---|---|
Today | ARS 124.34 | |
1 Day | ARS 120.98 | |
1 Week | ARS 124.85 | |
1 Month | ARS 146.67 | |
1 Year | ARS 879.66 |
Coinbase insights
Happening now
AI generated 13h ago
DRIFT gained ↗4% Wednesday morning building on a recent 5% surge, while significantly underperforming DeFi leaders like CVX which surged ↗15%.
Market Position
•
Surged ↗21% in daily volume despite ranking among lower-tier DeFi protocols
•
Weekly gains of ↗3% significantly underperform category leaders like UNI at ↗15%
•
Monthly performance declined ↘18% while DeFi peers like MKR surged ↗17%
Recent trends
The latest DRIFT price is ARS 124.34. Compared to Drift Protocol's value of ARS 120.98 from 24 hours ago, there's been a 4% increase, while the current price is 2% up from ARS 124.85 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 -97% change from its price today.
The current circulating supply of Drift Protocol is 581,847,715. 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 ARS 72.61B, which is a result of multiplying the current price of Drift Protocol(ARS 124.34) by the total supply(1,000,000,000 DRIFT). The fully diluted valuation of Drift Protocol is ARS 124.79B. The diluted valuation of Drift Protocol is ARS 124.79B.
Drift Protocol had 16 buyers, 17 sellers and total 31 trades in the last 24h. Drift Protocol was searched 31 times in the last 24h.