Ask about Drift

Logo of DriftDrift(DRIFT)

Total Value Locked$333.11m

TVL by Chain

Solana$333.11m

Key Metrics

Fees 30d$1.29m
Fees 30d by chain

Solana$1.29m

Fees 7d$360,863

Solana$360,863

Fees 24h$59,783

Solana$59,783

Cumulative Fees$67.97m

Solana$67.97m

Revenue 30d$32,326
Revenue 30d by chain

Solana$32,326

Revenue 7d$9,057

Solana$9,057

Revenue 24h$1,495

Solana$1,495

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)$8.75m

$32,326

$9,057

$1,495

$31.83m

Cumulative DEX Volume$3.464b
Cumulative DEX Volume by chain

Solana$3.464b

Cumulative Perp Volume$148.551b
Cumulative Perp Volume by chain

Solana$148.551b

Market Cap$14.12m

$DRIFT Price$0.02

All Time High$2.60

All Time Low$0.011

View $DRIFT token page

$19.71m

$19.71m

$DRIFT Volume 24h$2.72m

CEX Volume$2.72m

DEX Volume$315,802(11.63% 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.

Products:

Yields

Pools Tracked1

Average Supply APY5.11%

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: 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 $333.11m in total value locked. TVL has increased 12.2% 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 $1.29m in fees. Of that, $32,326 was protocol revenue. Based on the trailing year, the annualized rate is $24.72m in fees and $8.75m in revenue.

What is the DRIFT token price and valuation?

DRIFT is currently trading at $0.02. Its circulating market capitalization is $14.12m, ranking it #1,330. Its fully diluted valuation is $19.72m. Supply currently stands at 716.13m circulating, 1b total supply, 1b maximum supply.

How has DRIFT performed recently?

DRIFT is up 7.6% over the past 7 days and up 54.4% 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, and Drift AMM.

How many yield pools does Drift have?

DefiLlama tracks 1 Drift yield pool with an average APY of 5.1%.

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.