Drift (DRIFT)

Total Value Locked$1.11b

TVL by Chain

Solana$1.11b

fetching perp volume...

Key Metrics

Fees (Annualized)$42.11m

Fees 30d$3.45m

Fees 7d$1.05m

Fees 24h$124,601

Cumulative Fees$28.75m

Revenue (Annualized)$18.8m

Revenue 30d$1.54m

Revenue 7d$531,843

Revenue 24h$87,721

Cumulative Revenue$17.98m

Incentives (Annualized)$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$18.8m

Earnings 30d$1.54m

Earnings 7d$531,843

Earnings 24h$87,721

Cumulative Earnings$17.98m

DEX Volume 30d$29.94m

DEX Volume 7d$8.26m

DEX Volume 24h$347,360

Cumulative DEX Volume$3.36b

Perp Volume 30d$13.357b

Perp Volume 7d$4.002b

Perp Volume 24h$789.6m

Cumulative Perp Volume$84.874b

Market Cap$199.98m

$DRIFT Price$0.58

All Time High$2.6

All Time Low$0.1

Fully Diluted Valuation$578.17m

$DRIFT Volume 24h$18.01m

CEX Volume$16.42m

DEX Volume$4.51m(25.02% of total)

$DRIFT Liquidity$672,624

Orca$672,624

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

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

Yields

Pools Tracked1

Average APY8.24%

View all Yields

Income Statement for Drift

Q3 2025*Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024
Fees$3.33m$6.79m$5.76m$7.81m$3.63m$1.42m
Revenue$1.51m$3.01m$4.19m$5.74m$2.57m$967,059
Earnings$1.51m$3.01m$4.19m$5.74m$2.57m$967,059