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.
Trading Insights
Buyer Ratio
Traders
117
42.93%
Buyers
83
49.08%
Sellers
51
37.8%
Searched
312
Market Stats
Market Cap
£16.76M
23.9%
FDV
£28.83M
Circ. Supply
581M DRIFT
Max Supply
1B DRIFT
Total Supply
1B DRIFT
Diluted Valuation
£30.17M
Performance
Popularity
#640
Dominance
0%
Volume (24H)
£24.68M
56.68%
Volume (7D)
£192.24M
Volume (30D)
£877.19M
All time high
£2.24
Price Change (1Y)
Not enough data
93.31%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Additional details
Recent trends
The price of Drift Protocol has decreased by 2.82% in the last hour and decreased by 16.87% in the past 24 hours. Drift Protocol’s price has also fallen by 48.12% in the past week. The current price is £0.02614 per DRIFT with a 24-hour trading volume of £24.68M. Currently, Drift Protocol is valued at 98.83% below its all time high of £2.24. This all-time high was the highest price paid for Drift Protocol since its launch.
The current circulating supply of Drift Protocol is 581,426,438.377 DRIFT which means that Drift Protocol has as total market cap of £16,761,582.32.
Market details
DRIFT vs markets
↘ 92.32%
DRIFT vs BTC
↘ 91.65%
DRIFT vs ETH
↘ 94.11%
Tags
decentralized-exchange-dex-token
defi
derivatives
governance
+3
Network & Addresses
Network | Address | |
|---|---|---|
Solana | DriFtupJYLTosbwoN8koMbEYSx54aFAVLddWsbksjwg7 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.02614 | |
1 Day | £0.03137 | |
1 Week | £0.05012 | |
1 Month | £0.0638 | |
1 Year | £0.4003 |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Drift Protocol news
Social stats
Popularity in posts
#27
Contributors
1,964
Posts
2,753
% About Drift Protocol
0.293%
Articles
16
X (Twitter)
18.03% bullish
Sentiment
1.6 ★
Highlights
1,964 unique individuals are talking about Drift Protocol and it is ranked #27 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 1.6 out of 5. Finally, Drift Protocol is becoming less newsworthy, with 16 news articles published about Drift Protocol.
On Twitter, people are mostly neutral about Drift Protocol. There were 26.48% of tweets with bullish sentiment compared to 46.82% of tweets with a bearish sentiment about Drift Protocol. 73.52% of tweets were neutral about Drift Protocol. These sentiments are based on 2656 tweets.
On Reddit, Drift Protocol was mentioned in 19 Reddit posts and there were 1113 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
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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.