InformationTVLFees and RevenuePerp Volume

Drift Trade (DRIFT)

Total Value Locked$626.8m

TVL by Chain

Solana$626.8m

Key Metrics

Fees (Annualized)$20.99m

Fees 30d$1.72m

Fees 7d$252,251

Fees 24h$46,547

Cumulative Fees$37.56m

Revenue (Annualized)$17.87m

Revenue 30d$1.46m

Revenue 7d$215,424

Revenue 24h$40,415

Cumulative Revenue$28.13m

Perp Volume 30d$7.27b

Perp Volume 7d$923.97m

Perp Volume 24h$156.84m

Cumulative Perp Volume$137.105b

Open Interest$391.75m

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 ($1.251b)GMX V2 Perps ($392.72m)Pacifica ($41.57m)Wasabi ($24.71m)FlashTrade ($14.1m)Parcl V3 ($5.19m)Bumpin Trade ($4.74m)LuckyFuture ($4.69m)Adrena Protocol ($2.32m)Defx ($1.4m)

Income Statement for Drift Trade

Q4 2025*Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024
Fees$6.91m$8.18m$3.82m$5.78m$7.81m$3.63m$1.42m
Revenue$5.43m$6.32m$2.9m$4.2m$5.74m$2.57m$967,059
Earnings$5.43m$6.32m$2.9m$4.2m$5.74m$2.57m$967,059