Drift Protocol DRIFT
1. Summary
- Price
-
$0.54 +3.9%
- Market Cap
- $161.81M (#300)
- Supply
- 287.95M / 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 | $1.78 |
| 52W High date | 10th Nov 2024 (5 months ago) |
| All Time High (ATH) Date | 9th Nov 2024 (5 months ago) |
| ATH Price | $2.60 |
| % From ATH | -74.24% |
| All Time Low (ATL) Date | 16th May 2024 (11 months ago) |
| ATL Price | $0.10 |
| % From ATL | 570.95% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $38.97M |
| Total Supply | 1.00B |
| Max Supply | 1.00B |
| Circulating Supply | 287.95M |
DRIFT
How does Drift Protocol's (DRIFT) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-8.8%
DRIFT
-10.7%
Similar Market Cap
60 Day Return
-52.2%
DRIFT
-20.6%
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 5
- Past year: 3,321 commits vs. an average of 65
Most Active Repos
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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 | 36,152 |
| Active Discord Users | 2,254 |
| Telegram Users | 2,984 |
| Twitter followers | 121,867 |
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app.drift.trade/ref/renan_mrtns Official
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app.drift.trade/ref/renan_mrtns Official
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app.drift.trade/ref/renan_mrtns Official
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app.drift.trade/earn/amplify Official
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app.drift.trade/earn/amplify Official
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app.drift.trade/earn/amplify Official
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app.drift.trade/earn/amplify Official
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app.drift.trade/ref/xpxwx Official
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app.drift.trade/ref/xpxwx Official
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app.drift.trade/ref/xpxwx Official
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app.drift.trade/ref/xpxwx Official
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app.drift.trade/ref/bettrader Official
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app.drift.trade/ref/bettrader Official
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app.drift.trade/ref/bettrader Official
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app.drift.trade/ref/bettrader Official
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app.drift.trade/ref/kortaneth Official
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app.drift.trade/ref/kortaneth Official
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app.drift.trade/ref/kortaneth Official
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app.drift.trade/ref/kortaneth Official
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app.drift.trade/ref/bursty Official
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app.drift.trade/ref/bursty Official
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app.drift.trade/ref/bursty Official
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app.drift.trade/ref/bursty Official
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app.drift.trade/ref/ahgxhzg3hxyydxbye1pnxcgtgeca7eug 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
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