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How to Buy Drift Protocol
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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 4h ago
Following the $285M April exploit
, DRIFT is navigating a complex rebuild as Velocity DEX while price declined roughly
↘9%
over the past day.
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$0.01164
Trading Insights
Buyer Ratio
74%0%
Traders
31
19.23%
Buyers
23
64.29%
Sellers
11
15.38%
Searched
29
Market Stats
Market Cap
$7.12M
FDV
$11.65M
Circ. Supply
612M DRIFT
Max Supply
1B DRIFT
Total Supply
1B DRIFT
Diluted Valuation
$11.65M
Performance
Popularity
#1,029
Dominance
0%
Volume (24H)
$3.32M
19.75%
Volume (7D)
$16.33M
Volume (30D)
$61.19M
All time high
$2.96
Price Change (1Y)
97.98%
Additional details
Market details
DRIFT vs markets
↘ 96.35%
DRIFT vs BTC
↘ 96.2%
DRIFT vs ETH
↘ 95.05%
Tags
decentralized-exchange-dex-token
defi
derivatives
governance
+4
Network & Addresses
Network | Address | |
|---|---|---|
Solana | DriFtupJYLTosbwoN8koMbEYSx54aFAVLddWsbksjwg7 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.01164 | |
1 Day | $0.01363 | |
1 Week | $0.01258 | |
1 Month | $0.01458 | |
1 Year | $0.576 |
Coinbase insights
Happening now
AI generated 4h ago
Following the $285M April exploit
, DRIFT is navigating a complex rebuild as Velocity DEX while price declined roughly
↘9%
over the past day.
Rebuild progressing amid legal complexity
The rebranding to Velocity DEX
is advancing with a private beta launched in July 2026 and a public relaunch targeted for Q3 2026. A
lawsuit against Circleover the stolen funds adds legal uncertainty to the recovery timeline.
Trading activity expanding
The number of people trading jumped roughly
↗38%
over the past 24 hours, showing continued interest in the platform's transition despite the recent price decline.
Selling pressure present
The buyer-seller ratio stood at approximately 0.52 over the past 24 hours (roughly 1.9x more sellers than buyers), while blockchain data shows investors realizing losses with the spent output profit ratio at approximately 0.97 over recent activity.
Derivatives positioning measured
Trading contracts interest declined roughly
↘3%
over the past week while funding rates held at approximately 0.013% (around 15% annualized), reflecting measured positioning as the market watches the rebuild progress.
Recent trends
The latest DRIFT price is $0.01164. Compared to Drift Protocol's value of $0.01 from 24 hours ago, there's been a -15% decrease, while the current price is -6% down from $0.01 which was recorded one week ago. Drift Protocol's all time high is $2.96, which was reached on November 9, 2024. This is a -100% 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 $7.12M, which is a result of multiplying the current price of Drift Protocol($0.01) by the total supply(1,000,000,000 DRIFT). The fully diluted valuation of Drift Protocol is $11.65M. The diluted valuation of Drift Protocol is $11.65M.
Drift Protocol had 23 buyers, 11 sellers and total 31 trades in the last 24h. Drift Protocol was searched 29 times in the last 24h.
FAQ
Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase.
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.
Social stats
Popularity in posts
#477
Contributors
40
Posts
91
% About Drift Protocol
0.024%
Articles
0
X (Twitter)
72.41% bullish
Sentiment
4.6 ★
Highlights
40 unique individuals are talking about Drift Protocol and it is ranked #477 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 4.6 out of 5. Finally, Drift Protocol is becoming less newsworthy, with 0 news articles published about Drift Protocol.
On Twitter, people are mostly bullish about Drift Protocol. There were 77.78% of tweets with bullish sentiment compared to 7.41% of tweets with a bearish sentiment about Drift Protocol. 22.22% of tweets were neutral about Drift Protocol. These sentiments are based on 87 tweets.
On Reddit, Drift Protocol was mentioned in 1 Reddit posts and there were 1 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.