Ask about Drift · freeTotal Value Locked$290.63m
TVL by Chain
Solana$290.63m
Key Metrics
Fees 30d$1.31m
Fees 30d by chain
Solana$1.31m
Fees 7d$286,461
Solana$286,461
Fees 24h$42,781
Solana$42,781
Cumulative Fees$68.62m
Solana$68.62m
Revenue 30d$37,062
Revenue 30d by chain
Solana$37,062
Revenue 7d$11,366
Solana$11,366
Revenue 24h$1,071
Solana$1,071
Cumulative Revenue$31.85m
Solana$31.85m
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
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$6.93m
Earnings 30d$37,062
Earnings 7d$11,366
Earnings 24h$1,071
Cumulative Earnings$31.85m
Cumulative DEX Volume$3.464b
Cumulative DEX Volume by chain
Solana$3.464b
Perp Volume 30d$2.15m
Perp Volume 30d by chain
Solana$2.15m
Perp Volume 7d$494,336
Solana$494,336
Perp Volume 24h$57,719
Solana$57,719
Cumulative Perp Volume$148.155b
Solana$148.155b
Open Interest$117,920
Market Cap$11.81m
$DRIFT Price$0.016
Fully Diluted Valuation$16.27m
Outstanding FDV$16.27m
$DRIFT Volume 24h$1.83m
CEX Volume$1.63m
DEX Volume$168,429(9.23% 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 APY5.02%
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 $290.63m in total value locked. TVL has increased 3.4% over the past 30 days.
How much has Drift generated in fees and revenue?
Over the past 30 days, Drift generated $1.31m in fees. Of that, $37,062 was protocol revenue. Based on the trailing year, the annualized rate is $21.92m in fees and $6.93m in revenue.
What is the DRIFT token price and valuation?
DRIFT is currently trading at $0.016. Its circulating market capitalization is $11.73m, ranking it #1,408. Its fully diluted valuation is $16.16m. Supply currently stands at 726.13m circulating, 1b total supply, 1b maximum supply.
How has DRIFT performed recently?
DRIFT is down 16.6% over the past 7 days and up 44.3% over the past 30 days. Its all-time high is $2.60, reached on Nov 8, 2024. The token is currently 99.4% 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 $2.15m 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.