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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.

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Happening now

AI generated 22h ago

DRIFT is experiencing a

↘10%

decline today despite high trading activity, as traders navigate mixed signals in the DeFi sector.

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10/23/2025, 2:28:46 PM

Trading Insights

Buyer Ratio

70%0%

Traders

90

-18.18%

Buyers

63

-20.25%

Sellers

31

-8.82%

Searched

119

Market Stats

Market Cap

$182.75M

-1.24%

FDV

$478.00M

Circ. Supply

382M DRIFT

Max Supply

1B DRIFT

Total Supply

1B DRIFT

Diluted Valuation

$479.00M

Performance

Popularity

#189

Dominance

0.01%

Volume (24H)

$18.30M

-36.44%

Volume (7D)

$140.75M

Volume (30D)

$826.95M

All time high

$2.96

Price Change (1Y)

-19.97%

Additional details

Market details

DRIFT vs markets

↘ 50.37%

DRIFT vs BTC

↘ 51.86%

DRIFT vs ETH

↘ 46.87%

Tags

decentralized-exchange-dex-token

defi

derivatives

governance

+3

Network & Addresses

Network
Address

Solana

DriFtupJYLTosbwoN8koMbEYSx54aFAVLddWsbksjwg7

Price history

Time
Price
Change
Today
$0.48
↘ 1.65%
1 Day
$0.48
↘ 1.65%
1 Week
$0.58
↘ 17.04%
1 Month
$0.74
↘ 36.40%
1 Year
$0.60
↘ 19.97%

Coinbase insights

Happening now

AI generated 22h ago

DRIFT is experiencing a

↘10%

decline today despite high trading activity, as traders navigate mixed signals in the DeFi sector.

Price faces selling pressure

DRIFT has dropped

↘10%

in the past day, reflecting significant selling pressure in the token.

Trading volume remains elevated

Despite the price decline, DRIFT recorded $28 million in trading volume over 24 hours, suggesting active trader participation during the selloff.

DeFi sector shows mixed performance

While DRIFT struggles, other DeFi tokens like SNX have surged

↗126%

this month, highlighting the varied performance across decentralized finance projects.

Recent trends

The latest DRIFT price is $0.48. Compared to Drift Protocol's value of $0.48 from 24 hours ago, there's been a -2% decrease, while the current price is -17% down from $0.58 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 -84% change from its price today.

The current circulating supply of Drift Protocol is 382,314,670. 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 $182.75M, which is a result of multiplying the current price of Drift Protocol($0.48) by the total supply(1,000,000,000 DRIFT). The fully diluted valuation of Drift Protocol is $478.00M. The diluted valuation of Drift Protocol is $478.00M.

Drift Protocol had 63 buyers, 31 sellers and total 90 trades in the last 24h. Drift Protocol was searched 119 times in the last 24h.

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Social stats

Popularity in posts

#476

Contributors

196

Posts

504

% About Drift Protocol

0.051%

0

Hold times

0 days

X (Twitter)

15.72% bullish

Sentiment

4.2 ★

Highlights

196 unique individuals are talking about Drift Protocol and it is ranked #476 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 4.2 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 28.46% of tweets with bullish sentiment compared to 81.01% of tweets with a bearish sentiment about Drift Protocol. 71.54% of tweets were neutral about Drift Protocol. These sentiments are based on 660 tweets.

On Reddit, Drift Protocol was mentioned in 21 Reddit posts and there were 128 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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