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 gained roughly 8% since this afternoon, ranking fourth in DeFi daily price movements.
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Trading Insights
Buyer Ratio
Traders
38
5.56%
Buyers
27
28.57%
Sellers
13
27.78%
Searched
56
Market Stats
Market Cap
S$27.35M
1.65%
FDV
S$44.73M
Circ. Supply
612M DRIFT
Max Supply
1B DRIFT
Total Supply
1B DRIFT
Diluted Valuation
S$44.64M
Performance
Popularity
#684
Dominance
0%
Volume (24H)
S$34.51M
400.3%
Volume (7D)
S$117.70M
Volume (30D)
S$1.06B
All time high
S$3.77
Price Change (1Y)
Not enough data
93.83%
Additional details
Market details
DRIFT vs markets
↘ 92.99%
DRIFT vs BTC
↘ 92.53%
DRIFT vs ETH
↘ 95.32%
Tags
decentralized-exchange-dex-token
defi
derivatives
governance
+3
Network & Addresses
Network | Address | |
|---|---|---|
Solana | DriFtupJYLTosbwoN8koMbEYSx54aFAVLddWsbksjwg7 |
Price history
Time | Price | Change |
|---|---|---|
Today | S$0.04526 | |
1 Day | S$0.04527 | |
1 Week | S$0.04702 | |
1 Month | S$0.08597 | |
1 Year | S$0.7522 |
Coinbase insights
Happening now
AI generated 1h ago
DRIFT gained roughly 8% since this afternoon, ranking fourth in DeFi daily price movements.
Market Position
•
Weekly decline ↘3% significantly underperforms DeFi peers like AERO which gained ↗18%
•
Monthly performance ↘47% sharply contrasts DeFi category's ↗7% average gains
•
Surged ↗351% in daily volume despite ranking ninth in DeFi trading activity
Past Stories
•
(Apr 2026) Tether pledged $150M for Drift's recovery.
Source↗Recent trends
The latest DRIFT price is S$0.04526. Drift Protocol's all time high is S$3.77, 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 S$27.35M, which is a result of multiplying the current price of Drift Protocol(S$0.05) by the total supply(1,000,000,000 DRIFT). The fully diluted valuation of Drift Protocol is S$44.73M. The diluted valuation of Drift Protocol is S$44.73M.
Drift Protocol had 27 buyers, 13 sellers and total 38 trades in the last 24h. Drift Protocol was searched 56 times in the last 24h.
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Social stats
Popularity in posts
#297
Contributors
219
Posts
274
% About Drift Protocol
0.05%
Articles
2
X (Twitter)
24.3% bullish
Sentiment
1.7 ★
Highlights
219 unique individuals are talking about Drift Protocol and it is ranked #297 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 1.7 out of 5. Finally, Drift Protocol is becoming less newsworthy, with 2 news articles published about Drift Protocol.
On Twitter, people are mostly neutral about Drift Protocol. There were 40% of tweets with bullish sentiment compared to 64.62% of tweets with a bearish sentiment about Drift Protocol. 60% of tweets were neutral about Drift Protocol. These sentiments are based on 214 tweets.
On Reddit, Drift Protocol was mentioned in 15 Reddit posts and there were 82 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.
