Ask about Drift
Logo of DriftDrift(DRIFT)
Total Value Locked$208.35m

TVL by Chain

Solana$208.35m

Key Metrics

Fees (Annualized)$32.37m
Fees 30d$994,922

Solana$994,922

Fees 7d$187,004

Solana$187,004

Fees 24h$62,101

Solana$62,101

Cumulative Fees$65.69m

Solana$65.69m

Revenue (Annualized)$13.54m
Revenue 30d$24,950

Solana$24,950

Revenue 7d$4,682

Solana$4,682

Revenue 24h$1,554

Solana$1,554

Cumulative Revenue$31.77m

Solana$31.77m

Holders Revenue (30d Run Rate)$0
Holders Revenue 30d$0

Solana$0

Holders Revenue 7d$0

Solana$0

Holders Revenue 24h$0

Solana$0

Cumulative Holders Revenue$0

Solana$0

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$13.54m

$24,950

$4,682

$1,554

$31.77m

DEX Volume 30d$0
DEX Volume 30d by chain

Solana$0

DEX Volume 7d$0

Solana$0

DEX Volume 24h$0

Solana$0

Cumulative DEX Volume$3.464b

Solana$3.464b

Perp Volume 30d$0
Perp Volume 30d by chain

Solana$0

Perp Volume 7d$0

Solana$0

Perp Volume 24h$0

Solana$0

Cumulative Perp Volume$148.551b

Solana$148.551b

Market Cap$6.97m

$DRIFT Price$0.011

All Time High$2.6

All Time Low$0.011

View $DRIFT token page

$11.4m

$11.4m

$DRIFT Volume 24h$2m

CEX Volume$2.47m

DEX Volume$534,407.55(26.78% of total)

Staked$0(0% of mcap)

$DRIFT Liquidity$736,867

Orca DEX$672,624

Raydium AMM$64,243

Total Raised$52.3m

Oct 26, 2021$3.8mRound: SeedInvestors: Alameda Research, Jump Capital, Multicoin Capital, Not3Lau Capital, QCP Capital

May 22, 2023$23.5mRound: Series AInvestors: Polychain Capital, Anatoly Yakovenko , Raj Gokal, Ethereal Ventures, Folius Ventures

Sep 19, 2024$25mRound: Series BInvestors: Multicoin Capital, Blockchain Capital, Primitive Ventures, Maelstrom, Folius Ventures

Protocol Information

Drift brings on-chain, cross-margined perpetual futures to Solana. Making futures DEXs the best way to trade.

Category:Liquid Staking

Yields

Pools Tracked1

Average Supply APY5.58%

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

DEX Volume: Volume of all spot token swaps on the DEX

Perp Volume: Notional volume of all trades including leverage on the perp exchange

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Earnings: Revenue of the protocol minus the incentives distributed to users

Hacks

Date: May 11, 2022

Protocol: Drift Trade

Amount: $14.5m

Classification: Protocol Logic

Technique: realized PnL withdrawal bug

Chains: Solana

Language: Rust

Target Type: DeFi Protocol

Returned Funds: $14.5m

Date: Apr 1, 2026

Protocol: Drift Trade

Amount: $295m

Classification: Infrastructure

Technique: Compromised Admin + Fake Token Price Manipulation

Chains: Solana

Language: Rust

Target Type: DeFi Protocol

Competitors

Frequently Asked Questions

What is Drift?

Drift brings on-chain, cross-margined perpetual futures to Solana. Making futures DEXs the best way to trade.

What is Drift's TVL?

Drift currently has $208.35m in total value locked. TVL has increased 0.1% over the past 30 days.

What chains does Drift operate on?

Drift operates on Solana. Solana holds the largest share at 100%.

How much has Drift generated in fees and revenue?

Over the past 30 days, Drift generated $994,922 in fees. Of that, $24,950 was protocol revenue. Based on the trailing year, the annualized rate is $32.37m in fees and $13.54m in revenue.

What is the DRIFT token price and valuation?

DRIFT is currently trading at $0.012. Its circulating market capitalization is $7.04m, ranking it #1,649. Its fully diluted valuation is $11.51m. Supply currently stands at 611.52m circulating, 1b total supply, 1b maximum supply.

How has DRIFT performed recently?

DRIFT is down 11% over the past 7 days and down 28.3% over the past 30 days. Its all-time high is $2.6, reached on Nov 9, 2024. The token is currently 99.6% below that level.

Which protocols are included in Drift?

Drift is a parent protocol whose tracked products include Drift Staked SOL, Drift Trade, and Drift AMM.

How much trading volume does Drift process?

Drift processed $0 in DEX volume over the past 30 days.

Has Drift ever been exploited?

Drift has 2 recorded security incidents. The most recent incident occurred on Apr 1, 2026 and involved $295m. It was classified as Infrastructure.