What is Drift Protocol (DRIFT)
Drift is the #1 open-sourced perpetual futures platform built on Solana. Drift is the most feature-complete decentralized exchange, including spot, perpetuals and swaps.
Drift Protocol is available on MEXC, providing you with the convenience of purchasing, holding, transferring, and staking the token directly on our platform. Whether you are a seasoned investor or a newcomer to the world of cryptocurrencies, MEXC offers a user-friendly interface and a variety of tools to manage your Drift Protocol investments effectively. For more detailed information about this token, we invite you to visit our digital asset introduction page.
Additionally, you can:
- Check DRIFT staking availabilityto see how you can earn rewards on your holdings.
- Read reviews and analytics about Drift Protocol on our blog to stay informed about the latest market trends and expert insights.
Our comprehensive resources are designed to make your Drift Protocol buying experience smooth and informed, ensuring you have all the tools and knowledge needed to invest confidently.
Drift Protocol Price Prediction
Cryptocurrency price predictions involve forecasting or speculating on the future values of cryptocurrencies. These forecasts aim to predict the potential future worth of specific cryptocurrencies, such as Drift Protocol, Bitcoin, or Ethereum. What will be the future price of DRIFT? How much will it be worth in 2026, 2027, 2028, and up to 2050? For detailed prediction information, please check out our Drift Protocol price prediction page.
Drift Protocol Price History
Tracing DRIFT's price trajectory provides valuable insights into its past performance and helps investors understand the factors influencing its value over time. Understanding these historical patterns can offer valuable context for assessing DRIFT's potential future trajectory. For detailed price history information, please check out our Drift Protocol price history page.
Drift Protocol (DRIFT) Tokenomics
Understanding the tokenomics of Drift Protocol (DRIFT) can provide deeper insight into its long-term value and growth potential. From how tokens are distributed to how the supply is managed, tokenomics reveal the core structure of a project's economy. Learn about DRIFT token's extensive tokenomics now!
How to buy Drift Protocol (DRIFT)
Looking for how to buy Drift Protocol? The process is straightforward and hassle-free! You can easily purchase Drift Protocol on MEXC by following our step-by-step How to Buy guide. We provide you with detailed instructions and video tutorials, demonstrating how to sign up on MEXC and use the various convenient payment options available.
DRIFT to Local Currencies
Drift Protocol Resource
For a more in-depth understanding of Drift Protocol, consider exploring additional resources such as the whitepaper, official website, and other publications:
People Also Ask: Other Questions About Drift Protocol
Drift is a decentralized exchange (DEX) on the Solana blockchain that offers features like spot trading, market makers, and perpetual swaps. It aims to provide a user-friendly and efficient platform for trading cryptocurrencies.
Drift was founded by Cindy Leow, who has a background in investment banking, and David Lu, who comes from venture capital. They identified a need for better exchanges in the crypto space and launched Drift to address this.
Drift v2 is an enhanced version of the original Drift platform. It includes additional features and improvements based on user feedback, focusing on trading efficiency, liquidity provision, and security measures.
Perpetual futures trading on Drift allows users to enter contracts to buy or sell cryptocurrencies at a set price in the future, without an expiration date. This lets traders hold positions indefinitely, providing flexibility to profit from market movements.
Market Maker Vaults on Drift allow liquidity providers to temporarily submit tokens, ensuring that orders can be fulfilled efficiently. These vaults work with trading bots to minimize slippage and fees, and participants earn fees for providing liquidity.
The DRIFT token is the governance token for the Drift DAO. It allows holders to vote on platform fees and protocols. DRIFT has a total supply of 1 billion tokens, distributed over five years, with allocations for ecosystem development, future protocol development, strategic participants, and airdrops to active traders.
Drift uses a risk management system that automatically assesses risks and assigns interest rates. Borrowers must provide collateral to secure their loans, and the platform includes an insurance fund backed by users staking USDC tokens to cover potential losses.
Super Stake SOL is a feature that lets users lock Solana tokens (SOL) to earn rewards from both the Solana blockchain and Drift. Users can earn up to 11.45% APR on their staked SOL tokens.
Fuel is an upcoming feature on Drift designed to offer more ways for users to earn rewards. Details are still limited, but it will be part of the reward system that includes DRIFT token airdrops. It is expected to launch soon, enhancing the earning potential for Drift users.
The live price of Drift Protocol (DRIFT) is 0.5218 USD.
The current market cap of Drift Protocol is $ 181.30M USD. It is calculated by multiplying the current supply of DRIFT by its real-time market price of 0.5218 USD.
The current circulating supply of Drift Protocol (DRIFT) is 347.45M USD.
As of 2025-08-05, the highest price of Drift Protocol (DRIFT) is 2.646 USD.
The 24-hour trading volume of Drift Protocol (DRIFT) is $ 283.04K USD. You can discover more tradable tokens on MEXC and check their 24-hour trading volume.
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Disclaimer
Cryptocurrency prices are subject to high market risks and price volatility. You should invest in projects and products that you are familiar with and where you understand the risks involved. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. MEXC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning.
Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third party sources. They are presented to you on an “as is'' basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under MEXC’s control. MEXC is not responsible for the reliability and accuracy of such third-party sites and their contents.
