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How to Buy Drift Protocol
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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 weaknesstests sentiment.
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17.98%
54
10.2%
23
53.06%
157
CA$15.7M
2.28%
CA$25.67M
612M DRIFT
1B DRIFT
1B DRIFT
CA$25.57M
#957
0%
CA$28.7M
193.52%
CA$107.84M
CA$873.9M
CA$4.11
Not enough data
96.64%
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 | Address | |
|---|---|---|
Solana | DriFtupJYLTosbwoN8koMbEYSx54aFAVLddWsbksjwg7 |
Time | Price | Change |
|---|---|---|
Today | CA$0.02568 | |
1 Day | CA$0.02557 | |
1 Week | CA$0.02569 | |
1 Month | CA$0.03542 | |
1 Year | CA$0.7539 |
AI generated 1h ago
DRIFT's trading volume exploded roughly
↗155%
over the past 24 hours, signaling renewed investor engagement even as
broader market weaknesstests 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.
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.
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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.
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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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.