Ask about Drift · freeTotal Value Locked$296.81m
TVL by Chain
Solana$296.81m
Key Metrics
Fees 30d$1.29m
Fees 30d by chain
Solana$1.29m
Fees 7d$269,677
Solana$269,677
Fees 24h$42,037
Solana$42,037
Cumulative Fees$68.66m
Solana$68.66m
Revenue 30d$36,644
Revenue 30d by chain
Solana$36,644
Revenue 7d$6,787
Solana$6,787
Revenue 24h$1,054
Solana$1,054
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)$6.65m
Earnings 30d$36,644
Earnings 7d$6,787
Earnings 24h$1,054
Cumulative Earnings$31.85m
Cumulative DEX Volume$3.464b
Cumulative DEX Volume by chain
Solana$3.464b
Perp Volume 30d$2.29m
Perp Volume 30d by chain
Solana$2.29m
Perp Volume 7d$444,392
Solana$444,392
Perp Volume 24h$98,397
Solana$98,397
Cumulative Perp Volume$148.155b
Solana$148.155b
Open Interest$85,579
Market Cap$11.69m
$DRIFT Price$0.016
Fully Diluted Valuation$16.1m
Outstanding FDV$16.1m
$DRIFT Volume 24h$1.79m
CEX Volume$1.72m
DEX Volume$215,529(12.02% 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%
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
Drift history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Dec 4, 2021 to Oct 16, 2026.
All-time high TVL: $1.504b on Oct 9, 2025. All-time low TVL: $447,227 on May 27, 2022.
Daily TVL, Sep 17, 2026 to Oct 16, 2026
| Date | TVL |
|---|---|
| Sep 17, 2026 | $278.56m |
| Sep 18, 2026 | $285.73m |
| Sep 19, 2026 | $320.72m |
| Sep 20, 2026 | $312.8m |
| Sep 21, 2026 | $313.57m |
| Sep 22, 2026 | $335.08m |
| Sep 23, 2026 | $334.8m |
| Sep 24, 2026 | $325.54m |
| Sep 25, 2026 | $331.95m |
| Sep 26, 2026 | $345.59m |
| Sep 27, 2026 | $342.18m |
| Sep 28, 2026 | $343.37m |
| Sep 29, 2026 | $334.73m |
| Sep 30, 2026 | $335.99m |
| Oct 1, 2026 | $333.63m |
| Oct 2, 2026 | $335.68m |
| Oct 3, 2026 | $335.75m |
| Oct 4, 2026 | $338.19m |
| Oct 5, 2026 | $343.49m |
| Oct 6, 2026 | $341.97m |
| Oct 7, 2026 | $340.46m |
| Oct 8, 2026 | $328.88m |
| Oct 9, 2026 | $304.44m |
| Oct 10, 2026 | $304.28m |
| Oct 11, 2026 | $306.72m |
| Oct 12, 2026 | $310.77m |
| Oct 13, 2026 | $291.51m |
| Oct 14, 2026 | $299.95m |
| Oct 15, 2026 | $290.91m |
| Oct 16, 2026 | $294.06m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $886.69m |
| Dec 31, 2024 | $896.23m |
| Jan 31, 2025 | $1.068b |
| Feb 28, 2025 | $928.61m |
| Mar 31, 2025 | $889.22m |
| Apr 30, 2025 | $992.8m |
| May 31, 2025 | $1.032b |
| Jun 30, 2025 | $947.73m |
| Jul 31, 2025 | $1.099b |
| Aug 31, 2025 | $1.267b |
| Sep 30, 2025 | $1.344b |
| Oct 31, 2025 | $1.267b |
| Nov 30, 2025 | $880.37m |
| Dec 31, 2025 | $697.6m |
| Jan 31, 2026 | $607.43m |
| Feb 28, 2026 | $559.65m |
| Mar 31, 2026 | $534.58m |
| Apr 30, 2026 | $240.01m |
| May 31, 2026 | $237.36m |
| Jun 30, 2026 | $208.21m |
| Jul 31, 2026 | $209.33m |
| Aug 31, 2026 | $288.02m |
| Sep 30, 2026 | $335.99m |
| Oct 16, 2026 (latest) | $294.06m |
TVL at each year end, Dec 31, 2021 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2021 | $4.16m |
| Dec 31, 2022 | $1.61m |
| Dec 31, 2023 | $117.46m |
| Dec 31, 2024 | $896.23m |
| Dec 31, 2025 | $697.6m |
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $3.4m | $2.34m | $0 |
| Dec 2024 | $4.27m | $2.56m | $0 |
| Jan 2025 | $3.05m | $1.8m | $0 |
| Feb 2025 | $2.75m | $1.58m | $0 |
| Mar 2025 | $1.88m | $872,370 | $0 |
| Apr 2025 | $2.11m | $836,778 | $0 |
| May 2025 | $3.17m | $1.34m | $0 |
| Jun 2025 | $2.52m | $874,522 | $0 |
| Jul 2025 | $3.84m | $1.69m | $0 |
| Aug 2025 | $4.92m | $2.5m | $0 |
| Sep 2025 | $5.01m | $2.35m | $0 |
| Oct 2025 | $6.07m | $3.28m | $0 |
| Nov 2025 | $3.55m | $1.8m | $0 |
| Dec 2025 | $2.18m | $908,529 | $0 |
| Jan 2026 | $2.53m | $1.04m | $0 |
| Feb 2026 | $1.76m | $831,985 | $0 |
| Mar 2026 | $1.88m | $619,930 | $0 |
| Apr 2026 | $1.13m | $24,642 | $0 |
| May 2026 | $1.23m | $30,321 | $0 |
| Jun 2026 | $919,097 | $24,209 | $0 |
| Jul 2026 | $992,543 | $25,007 | $0 |
| Aug 2026 | $1.06m | $26,770 | $0 |
| Sep 2026 | $1.22m | $30,642 | $0 |
| Oct 2026 (to date) | $630,517 | $20,003 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/drift
Frequently asked questions
What is Drift's TVL?
As of Oct 16, 2026, Drift has $296.81m in total value locked. TVL has increased 8.3% over the past 30 days.
How much has Drift generated in fees and revenue?
Over the past 30 days, Drift generated $1.29m in fees. Of that, $36,644 was protocol revenue. Based on the trailing year, the annualized rate is $21.5m in fees and $6.65m in revenue.
What is the DRIFT token price and valuation?
DRIFT is currently trading at $0.016. Its circulating market capitalization is $11.69m, ranking it #1,416. Its fully diluted valuation is $16.1m. Supply currently stands at 726.13m circulating, 1b total supply, 1b maximum supply.
How has DRIFT performed recently?
DRIFT is down 15.5% over the past 7 days and up 43.2% 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 $2.29m 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.