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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.
Buy Drift ProtocolHappening now
AI generated 16h ago
Following a daily price increase, market observers are watching whether DRIFT can begin to reverse its significant underperformance over the past month.
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-46.11%
68
-57.23%
49
16.67%
167
$148.95M
-7.18%
$389.27M
383M DRIFT
1B DRIFT
1B DRIFT
$388.57M
#246
0%
$26.12M
31.09%
$176.33M
$706.80M
$2.96
-14.66%
DRIFT vs markets
↘ 43.82%
DRIFT vs BTC
↘ 44.59%
DRIFT vs ETH
↘ 43.34%
Tags
decentralized-exchange-dex-token
defi
derivatives
governance
+3
Network | Address | |
|---|---|---|
Solana | DriFtupJYLTosbwoN8koMbEYSx54aFAVLddWsbksjwg7 |
Time | Price | Change |
|---|---|---|
Today | $0.39 | ↘ 7.03% |
1 Day | $0.42 | ↘ 7.03% |
1 Week | $0.48 | ↘ 18.92% |
1 Month | $0.76 | ↘ 48.41% |
1 Year | $0.46 | ↘ 14.66% |
AI generated 16h ago
Following a daily price increase, market observers are watching whether DRIFT can begin to reverse its significant underperformance over the past month.
DRIFT gains while the broader market dips
DRIFT's price increased by
↗4%
over the last 24 hours. This occurred as the broader crypto market saw a slight decline of
↘0.40%
in the same period.
Longer-term performance remains negative
Despite the daily gain, DRIFT is down
↘46%
over the last month, a steeper fall than the
↘16%
average decline for assets in the DeFi category. The token also underperformed on a weekly basis, falling
↘6%
while its category saw an average gain of
↗10%
.
Trading interest shows moderate growth
Trading volume for DRIFT grew by
↗5%
in the last day. This indicates a moderate increase in trading activity, though it trails the average market volume growth of
↗7%
.
The latest DRIFT price is $0.39. Compared to Drift Protocol's value of $0.42 from 24 hours ago, there's been a -7% decrease, while the current price is -19% down from $0.48 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 -87% change from its price today.
The current circulating supply of Drift Protocol is 382,648,004. This is 38% of its max supply of 1,000,000,000 DRIFT and 38% of its total supply of 1,000,000,000. The market cap is currently $148.95M, which is a result of multiplying the current price of Drift Protocol($0.39) by the total supply(1,000,000,000 DRIFT). The fully diluted valuation of Drift Protocol is $389.27M. The diluted valuation of Drift Protocol is $389.27M.
Drift Protocol had 68 buyers, 49 sellers and total 104 trades in the last 24h. Drift Protocol was searched 167 times in the last 24h.
We update our Drift Protocol to USD currency in real-time. Get the live price of Drift Protocol on Coinbase.
The current market cap of Drift Protocol is $148.95M. A high market cap implies that the asset is highly valued by the market.
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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
#559
Contributors
257
Posts
257
% About Drift Protocol
0.044%
Hold times
0 days
X (Twitter)
35.23% bullish
Sentiment
4.4 ★
Highlights
257 unique individuals are talking about Drift Protocol and it is ranked #559 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 4.4 out of 5. Finally, Drift Protocol is becoming less newsworthy, with 0 news articles published about Drift Protocol.
On Twitter, people are mostly neutral about Drift Protocol. There were 38.48% of tweets with bullish sentiment compared to 9.23% of tweets with a bearish sentiment about Drift Protocol. 61.52% of tweets were neutral about Drift Protocol. These sentiments are based on 1598 tweets.
On Reddit, Drift Protocol was mentioned in 104 Reddit posts and there were 146 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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