InformationTVLFees and RevenuePerp Volume

Drift Trade (DRIFT)

Total Value Locked$451.96m

TVL by Chain

Solana$451.96m

Key Metrics

Fees (Annualized)$10.64m

Fees 30d$872,327

Fees 7d$209,047

Fees 24h$26,547

Cumulative Fees$38.38m

Revenue (Annualized)$9.32m

Revenue 30d$763,658

Revenue 7d$185,582

Revenue 24h$23,756

Cumulative Revenue$28.85m

Perp Volume 30d$3.253b

Perp Volume 7d$848.1m

Perp Volume 24h$118.41m

Cumulative Perp Volume$140.336b

Open Interest$272.07m

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.

Category:Derivatives

Audits:

WebsiteTwitter

Methodology

TVL: Calculate sum across all program token accountsView code on GitHubFees: Fees paid by usersView code on GitHubRevenue: Treasury and token holders revenueView code on GitHubPerp Volume: Notional volume of all trades in the protocol, includes leverageView code on GitHub

Competitors

Jupiter Perpetual Exchange ($1.185b)GMX V2 Perps ($400.64m)Pacifica ($45.64m)Wasabi ($32.42m)FlashTrade ($14.77m)Parcl V3 ($5.19m)Bumpin Trade ($4.79m)LuckyFuture ($3.69m)Mooncake ($3.14m)Defx ($1.99m)

Income Statement for Drift Trade

Q1 2026*Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024
Fees$273,346$7.46m$8.18m$3.82m$5.78m$7.81m$3.63m$1.42m
Revenue$244,622$5.91m$6.32m$2.9m$4.2m$5.74m$2.57m$967,059
Earnings$244,622$5.91m$6.32m$2.9m$4.2m$5.74m$2.57m$967,059