Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions. Cryptocurrency investments are volatile and carry significant risk.
Drift Protocol (DRIFT) is a decentralized finance protocol that provides financial services without traditional intermediaries like banks. It is currently ranked #1315 by market capitalization, trading at $0.0123 with a total market cap of $7.54M.
Drift Protocol is a Solana-based decentralized perpetual futures and spot trading platform that combines an automated market maker (AMM), decentralized limit orderbook (DLOB), and Just-in-Time (JIT) auction system. Founded in 2021 by Cindy Leow and David Lu, the protocol raised $51.3 million from investors including Multicoin Capital, Blockchain Capital, and Primitive Ventures. Before a major security incident on April 1, 2026, Drift had grown to $550 million in TVL, over 175,000 unique...
$0.0123
Data from CoinGecko, on-chain analytics, and official project documentation. View methodology
Cycle Potential
0x
cycle scenario · ~2029 window
Risk Level
0/10
Low Risk
Market Cap
$7.54M
Volume
$1.70M
Circulating Supply
611.52M
38.8% not yet in circulation
Total Supply
1.00B
Max: 1.00B
Full analysis includes:
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Entry #799 · published Jun 2, 2026 · commit ddabd10
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