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Drift(DRIFT)
Total Value Locked$343.49m
TVL by Chain
Solana$343.49m
Key Metrics
Fees 30d$1.22m
Fees 30d by chain
Solana$1.22m
Fees 7d$239,056
Solana$239,056
Fees 24h$1.54
Solana$1.54
Cumulative Fees$68.15m
Solana$68.15m
Revenue 30d$30,512
Revenue 30d by chain
Solana$30,512
Revenue 7d$5,993
Solana$5,993
Revenue 24h$1.54
Solana$1.54
Cumulative Revenue$31.83m
Solana$31.83m
Holders Revenue 30d$0
Holders Revenue 30d by chain
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)$8.5m
$30,512
$5,993
$1.54
$31.83m
Cumulative DEX Volume$3.464b
Cumulative DEX Volume by chain
Solana$3.464b
Perp Volume 30d$1.68m
Perp Volume 30d by chain
Solana$1.68m
Perp Volume 7d$265,207
Solana$265,207
Perp Volume 24h$42,144
Solana$42,144
Cumulative Perp Volume$148.553b
Solana$148.553b
$158,194
Market Cap$14.38m
$DRIFT Price$0.02
$20.08m
$20.08m
$DRIFT Volume 24h$1.72m
CEX Volume$1.53m
DEX Volume$200,119(11.64% of total)
Staked$0(0% of mcap)
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.
- Drift Staked SOLLiquid Staking
- Drift TradeDerivatives
- Drift AMMDexs
- VelocityDerivatives
Yields
Pools Tracked1
Average Supply APY4.99%
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
Holders Revenue:
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: Market Manipulation
Technique: Risk Parameter Abuse
Chains: Solana
Language: Rust
Target Type: DeFi Protocol
Returned Funds: $14.5m
Date: Apr 1, 2026
Protocol: Drift Trade
Amount: $295m
Classification: Access Control
Technique: Proxy Upgrade Hijack
Chains: Solana
Language: Rust
Target Type: DeFi Protocol
Frequently Asked Questions
What is Drift's TVL?
Drift currently has $343.49m in total value locked. TVL has increased 19.5% over the past 30 days.
How much has Drift generated in fees and revenue?
Over the past 30 days, Drift generated $1.22m in fees. Of that, $30,512 was protocol revenue. Based on the trailing year, the annualized rate is $24.22m in fees and $8.5m in revenue.
What is the DRIFT token price and valuation?
DRIFT is currently trading at $0.02. Its circulating market capitalization is $14.34m, ranking it #1,326. Its fully diluted valuation is $20.02m. Supply currently stands at 716.13m circulating, 1b total supply, 1b maximum supply.
How has DRIFT performed recently?
DRIFT is up 1% over the past 7 days and up 65.7% over the past 30 days. Its all-time high is $2.60, reached on Nov 8, 2024. The token is currently 99.2% below that level.
Which protocols are included in Drift?
Drift is a parent protocol whose tracked products include Drift Staked SOL, Drift Trade, Drift AMM, and Velocity.
How much perpetual futures volume does Drift process?
Drift processed $1.68m in perpetual futures 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 Access Control.