Ask about Drift
Logo of DriftDrift(DRIFT)
Total Value Locked$267.29m

TVL by Chain

Solana$267.29m

Key Metrics

Fees (Annualized)$13.81m
Fees 30d$1.13m

Solana$1.13m

Fees 7d$229,742

Solana$229,742

Fees 24h$0

Solana$0

Cumulative Fees$62.92m

Solana$62.92m

Revenue (Annualized)$244,756
Revenue 30d$20,062

Solana$20,062

Revenue 7d$6,054

Solana$6,054

Revenue 24h$0

Solana$0

Cumulative Revenue$31.7m

Solana$31.7m

Holders Revenue (Annualized)$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 (Annualized)$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$244,756

Earnings 30d$20,062

Earnings 7d$6,054

Earnings 24h$0

Cumulative Earnings$31.7m

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

Open Interest$0

Market Cap$22.69m

$DRIFT Price$0.037

All Time High$2.6

All Time Low$0.027

Fully Diluted Valuation$37.11m

Outstanding FDV$37.05m

$DRIFT Volume 24h$2.58m

CEX Volume$5.11m

DEX Volume$958,971(37.23% of total)

Staked$708,507(3.12% 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.

Methodology

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

Holders Revenue: Fees going to governance token holdersView code on GitHub

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

Yields

Pools Tracked1

Average APY6.47%

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: $285m

Classification: Infrastructure

Technique: Compromised Admin + Fake Token Price Manipulation

Chains: Solana

Language: Rust

Target Type: DeFi Protocol