Drift Protocol DRIFT
1. Summary
- Price
-
$0.93 -3.2%
- Market Cap
- $257.50M (#264)
- Supply
- 226.75M / 1.00B
- Description
-
Drift Protocol is the #1 open-sourced perpetual futures platform built on Solana. It is the most feature-complete decentralized exchange, empowering users to trade perpetual futures with increased leverage and flexibility.
Drift Protocol is the #1 open-sourced perpetual futures platform built on Solana. It is the most feature-complete decentralized exchange, empowering users to trade perpetual futures with increased leverage and flexibility.
Drift Protocol Governance
The Drift DAO Foundation is the governing body behind the protocol, which includes a governance token (DRIFT) that allows users to vote and guide the platform's development.
Drift Protocol Community
- Twitter: https://twitter.com/driftprotocol
- Discord: https://discord.com/invite/fMcZBH8ErM
Drift Protocol Features
Drift Protocol operates using a Dynamic Automated Market Maker (DAMM) mechanism, which enchances capital efficiency by adjusting liquidity pools based on market conditions. Key features include:
- Perpetual Futures Trading: Supports up to 5x leverage.
- Funding Rates: Includes a funding rate mechanism to balance long and short positions.
- Insurance Fund: Protects against risks like protocol failures or unfulfilled positions.
Drift Protocol Contracts
- Contract Address: Not disclosed.
Drift Protocol Account Overview
The protocol offers a comprehensive account overview page that includes details on:
- Portfolio Value
- Assets & Liabilities
- Balances
- Markets
- Positions
- History
- Subaccounts
Trading and Investment
- Available on Exchanges: Trading is available on various exchanges.
- Investment Risks: Drift Protocol is a highly volatile asset that involves risks and is not suitable for all investors.
| Price | |
| 52W High price | $0.72 |
| 52W High date | 17th Sep 2024 (4 months ago) |
| All Time High (ATH) Date | 16th May 2024 (8 months ago) |
| ATH Price | $1.25 |
| % From ATH | -45.63% |
| All Time Low (ATL) Date | 16th May 2024 (8 months ago) |
| ATL Price | $0.10 |
| % From ATL | 579.92% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $40.71M |
| Total Supply | 1.00B |
| Max Supply | 1.00B |
| Circulating Supply | 226.75M |
DRIFT
How does Drift Protocol's (DRIFT) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
47.0%
DRIFT
28.5%
Similar Market Cap
60 Day Return
86.6%
DRIFT
27.1%
Similar Market Cap
We're monitoring 58 Drift Protocol GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All Drift Protocol Repos)
Commits vs. The Market
- Past 4 weeks: 154 commits vs. an average of 0
- Past 12 weeks: 723 commits vs. an average of 4
- Past year: 3,321 commits vs. an average of 67
Most Active Repos
| Past week | |
|---|---|
| Past 12 weeks | |
| Past year |
| Past week | |
|---|---|
| Past 12 weeks | |
| Past year |
| Past week | |
|---|---|
| Past 12 weeks | |
| Past year |
| Past week | |
|---|---|
| Past 12 weeks | |
| Past year |
| Past week | |
|---|---|
| Past 12 weeks | |
| Past year |
| Past week | |
|---|---|
| Past 12 weeks | |
| Past year |
Top Developers 2025
In total, 56 developers have contributed to Drift Protocol over the past year. Who are the most active Drift Protocol developers, by commits, over the past year?
Related Projects
Developers working on Drift Protocol also worked on these projects.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | 35,834 |
| Active Discord Users | 2,995 |
| Telegram Users | 2,360 |
| Twitter followers | 111,532 |
-
app.drift.trade/ref/nitha Official
-
app.drift.trade/ref/megamoon Official
-
app.drift.trade/ref/shorttrumpcoin Official
-
app.drift.trade/earn/borrow-lend?token=JUP Official
-
app.drift.trade/earn/borrow-lend?token=JUP Official
-
app.drift.trade/ref/airdropaddicts Official
-
app.drift.trade/ref/airdropaddicts Official
-
app.drift.trade/ref/mundocryoto Official
-
app.drift.trade/ref/mundocryoto Official
-
app.drift.trade/ref/boost10 Official
-
app.drift.trade/ref/boost10 Official
-
app.drift.trade/ref/boost10 Official
-
app.drift.trade/earn/borrow-lend?token=MELANIA Official
-
app.drift.trade/earn/borrow-lend?token=MELANIA Official
-
app.drift.trade/MELANIA-PERP Official
-
app.drift.trade/earn/borrow-lend?token=MELANIA Official
-
app.drift.trade/MELANIA-PERP Official
-
app.drift.trade/MELANIA-PERP Official
-
app.drift.trade/ref/coincapital Official
-
app.drift.trade/ref/coincapital Official
-
app.drift.trade/ref/coincapital Official
-
app.drift.trade/ref/coincapital Official
-
app.drift.trade/ref/malok Official
-
app.drift.trade/ref/malok Official
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://app.drift.trade/ |
|---|---|
| Explorer | https://solscan.io/token/DriFtupJYLTosbwoN8koMbEYS... |
| @DriftProtocol |
What is the correct contract address for Drift Protocol?
| Solana | DriFtupJYLTosbwoN8koMbEYSx54aFAVLddWsbksjwg7 |
|---|
Has Drift Protocol been audited for security?
No security audits found for this project.
Are you the owner of Drift Protocol? Edit it here
Subscribe for free
Investment alerts and insights directly in your inbox.
By continuing, you agree to the Stack Terms of Service and Privacy Policy.