Drift (DRIFT)
Total Value Locked$856.65m
TVL by Chain
Solana$856.65m
Key Metrics
Fees (Annualized)$36.29m
Fees 30d$2.97m
Fees 7d$559,826
Fees 24h$123,183
Cumulative Fees$53.5m
Revenue (Annualized)$17.87m
Revenue 30d$1.46m
Revenue 7d$215,424
Revenue 24h$40,415
Cumulative Revenue$28.65m
Holders Revenue (Annualized)$0
Holders Revenue 30d$0
Holders Revenue 7d$0
Holders Revenue 24h$0
Cumulative Holders Revenue$0
Incentives (Annualized)$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$17.87m
Earnings 30d$1.46m
Earnings 7d$215,424
Earnings 24h$40,415
Cumulative Earnings$28.65m
DEX Volume 30d$5.8m
DEX Volume 7d$1.22m
DEX Volume 24h$137,830
Cumulative DEX Volume$3.455b
Perp Volume 30d$7.27b
Perp Volume 7d$923.97m
Perp Volume 24h$156.84m
Cumulative Perp Volume$137.105b
Open Interest$391.75m
Market Cap$82.62m
$DRIFT Price$0.2
All Time High$2.6
All Time Low$0.1
Fully Diluted Valuation$197.67m
Outstanding FDV$112.7m
$DRIFT Volume 24h$9.85m
CEX Volume$8.66m
DEX Volume$3.61m(36.6% of total)
$DRIFT Liquidity$736,867
Orca DEX$672,624
Raydium AMM$64,243
Total Raised$27.3m
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 VenturesSource: https://www.drift.trade/updates/drifts-series-a-announcement
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
Fees:
Drift Trade: Fees paid by usersView code on GitHubDrift Staked SOL: Staking rewards from staked SOL on drift staked solanaView code on GitHub
Revenue:
Drift Trade: Treasury and token holders revenueView code on GitHubDrift Staked SOL: Includes withdrawal fees and management fees collected by fee collectorView code on GitHub
Holders Revenue:
Drift Trade: Fees going to governance token holdersView code on GitHubDrift Staked SOL: No revenue share to DRIFT token holdersView code on GitHub
DEX Volume: Volume of all spot token swaps that go through the protocol
Perp Volume: Notional volume of all trades in the protocol, includes leverage
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
Income Statement for Drift
| Q4 2025* | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | |
|---|---|---|---|---|---|---|---|
| Fees | $10.51m | $13.57m | $7.65m | $7.63m | $9.02m | $3.69m | $1.42m |
| Revenue | $5.51m | $6.51m | $3.05m | $4.25m | $5.8m | $2.57m | $967,059 |
| Earnings | $5.51m | $6.51m | $3.05m | $4.25m | $5.8m | $2.57m | $967,059 |
| Token Holder Net Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 |