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 1h ago

DRIFT's trading volume exploded roughly

↗155%

over the past 24 hours, signaling renewed investor engagement even as

broader market weakness

tests sentiment.

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CA$0.02568

Trading Insights

Buyer Ratio

74%0%

Traders

73

17.98%

Buyers

54

10.2%

Sellers

23

53.06%

Searched

157

Market Stats

Market Cap

CA$15.7M

2.28%

FDV

CA$25.67M

Circ. Supply

612M DRIFT

Max Supply

1B DRIFT

Total Supply

1B DRIFT

Diluted Valuation

CA$25.57M

Performance

Popularity

#957

Dominance

0%

Volume (24H)

CA$28.7M

193.52%

Volume (7D)

CA$107.84M

Volume (30D)

CA$873.9M

All time high

CA$4.11

Price Change (1Y)

Not enough data

96.64%

Additional details

Market details

DRIFT vs markets

↘ 95.15%

DRIFT vs BTC

↘ 94.67%

DRIFT vs ETH

↘ 95.23%

Tags

decentralized-exchange-dex-token

defi

derivatives

governance

+4

Network & Addresses

Network
Address

Solana

DriFtupJYLTosbwoN8koMbEYSx54aFAVLddWsbksjwg7

Price history

Time
Price
Change
Today
CA$0.02568
0.00%
1 Day
CA$0.02557
0.00%
1 Week
CA$0.02569
-46.38%
1 Month
CA$0.03542
-51.95%
1 Year
CA$0.7539
-96.64%

Coinbase insights

Happening now

AI generated 1h ago

DRIFT's trading volume exploded roughly

↗155%

over the past 24 hours, signaling renewed investor engagement even as

broader market weakness

tests sentiment.


Multiple signals point to sustained interest

Trading activity surged roughly

↗155%

over the past 24 hours while blockchain usage remained steady with 436 active addresses and approximately $2.7M in daily transfers, showing the platform continues attracting users even as

decentralized finance faces headwinds

.


Investor engagement accelerates

Daily volume jumped roughly

↗155%

over the past 24 hours with approximately $2.7M moving across the blockchain, reflecting active participation despite recent price movements.


Decentralized ownership reduces risk

With the top 10 holders controlling just 0.6% of supply and 86 new holders joining, DRIFT maintains one of the most distributed ownership structures in decentralized finance, minimizing concentration concerns.

Recent trends

The latest DRIFT price is CA$0.02568. Drift Protocol's all time high is CA$4.11, 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 CA$15.7M, which is a result of multiplying the current price of Drift Protocol(CA$0.03) by the total supply(1,000,000,000 DRIFT). The fully diluted valuation of Drift Protocol is CA$25.67M. The diluted valuation of Drift Protocol is CA$25.67M.

Drift Protocol had 54 buyers, 23 sellers and total 73 trades in the last 24h. Drift Protocol was searched 157 times in the last 24h.

FAQ

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

The current market cap of Drift Protocol is CA$15.697M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Drift Protocol is CA$4.11. 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 CA$28.696M.

Assets that have a similar market cap to Drift Protocol include iShares TIPS Bond Tokenized ETF (Ondo), HUNT, Wanchain, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Drift Protocol is 612 million.

Drift Protocol ranks 304 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

#727

Contributors

72

Posts

129

% About Drift Protocol

0.028%

Articles

1

X (Twitter)

22.03% bullish

Sentiment

3.2 ★

Highlights

72 unique individuals are talking about Drift Protocol and it is ranked #727 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 3.2 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 26.26% of tweets with bullish sentiment compared to 19.19% of tweets with a bearish sentiment about Drift Protocol. 73.74% of tweets were neutral about Drift Protocol. These sentiments are based on 118 tweets.

On Reddit, Drift Protocol was mentioned in 2 Reddit posts and there were 2 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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