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
245
580.56%
Buyers
204
655.56%
Sellers
94
623.08%
Searched
932
Market Stats
Market Cap
£22.20M
34.93%
FDV
£38.19M
Circ. Supply
581M DRIFT
Max Supply
1B DRIFT
Total Supply
1B DRIFT
Diluted Valuation
£35.08M
Performance
Popularity
#532
Dominance
0%
Volume (24H)
£70.69M
913.13%
Volume (7D)
£396.75M
Volume (30D)
£643.15M
All time high
£2.24
Price Change (1Y)
Not enough data
91.48%
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 2.20% in the last hour and decreased by 37.76% in the past 24 hours. Drift Protocol’s price has also fallen by 40.67% in the past week. The current price is £0.03363 per DRIFT with a 24-hour trading volume of £70.69M. Currently, Drift Protocol is valued at 98.50% 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 581,380,983.877 DRIFT which means that Drift Protocol has as total market cap of £22,204,332.37.
Market details
DRIFT vs markets
↘ 89.93%
DRIFT vs BTC
↘ 89.51%
DRIFT vs ETH
↘ 92.58%
Tags
decentralized-exchange-dex-token
defi
derivatives
governance
+3
Network & Addresses
Network | Address | |
|---|---|---|
Solana | DriFtupJYLTosbwoN8koMbEYSx54aFAVLddWsbksjwg7 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.03363 | |
1 Day | £0.05366 | |
1 Week | £0.05586 | |
1 Month | £0.06657 | |
1 Year | £0.4005 |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Drift Protocol news
Social stats
Popularity in posts
#590
Contributors
102
Posts
114
% About Drift Protocol
0.021%
Articles
1
X (Twitter)
67.92% bullish
Sentiment
4.9 ★
Highlights
102 unique individuals are talking about Drift Protocol and it is ranked #590 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 4.9 out of 5. Finally, Drift Protocol is becoming less newsworthy, with 1 news articles published about Drift Protocol.
On Twitter, people are mostly bullish about Drift Protocol. There were 69.23% of tweets with bullish sentiment compared to 1.92% of tweets with a bearish sentiment about Drift Protocol. 30.77% of tweets were neutral about Drift Protocol. These sentiments are based on 106 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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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.
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