Drift Protocol

Name: Drift Protocol
Brand: Cryptocurrency
SKU: DRIFT
Price: 0.346722152666615797 GBP
Availability: InStock

DRIFT

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Past performance is not a reliable indicator of future results. Learn more about asset risks.

Investment Risk

Baseline risk

All crypto-assets are risky, regardless of the type of token you hold. Here are some ‘baseline’ risks to be aware of before deciding to invest.

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Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.

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Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.

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Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.

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Don’t put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.

About Drift Protocol

Drift Protocol is a decentralized exchange built on Solana. Drift Protocol supports token swaps, spot margin trading, and perpetual futures trading. DRIFT is the governance token of the Drift DAO. Token holders can vote on governance proposals related to protocol development. Proposals may involve determining protocol fees, setting technical parameters, and treasury management.

Resources

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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.

Market

United Kingdom Market stats

Market cap

£84.7M

Volume (24h)

£24.5M

Circulating supply

243.0M DRIFT

Typical hold time

9 days

Popularity

#335

All time high

£0.37

Past performance is not a reliable indicator of future results. Learn more about asset risks.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

United Kingdom Market performance

Price change (1h)

+3.94%

Price change (1d)

+15.24%

Price change (1w)

-11.39%

Price change (2w)

-18.68%

Price change (1m)

-27.6%

Price change (1y)

+19.44%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

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Social

Some highlights about Drift Protocol on social media

589 unique individuals are talking about Drift Protocol and it is ranked #1,155 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Drift Protocol has an average sentiment score of 3.1 out of 5. Finally, Drift Protocol is becoming more newsworthy, with 0 news articles published about Drift Protocol. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly neutral about Drift Protocol. There were 17.65% of tweets with bullish sentiment compared to 9.8% of tweets with a bearish sentiment about Drift Protocol. 72.55% of tweets were neutral about Drift Protocol. These sentiments are based on 51 tweets.

On Reddit, Drift Protocol was mentioned in 19 Reddit posts and there were 36 comments about Drift Protocol. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

Overview

Contributors

589 people

Posts

36 posts

Dominance

0.03%

Volume rank

#1,155

Average Sentiment

3.1 out of 5

Twitter

Tweet Count

51 people

Sentiment

17.65%

Bullish

72.55%

Neutral

9.8%

Bearish

Posts

Comments

Post Score

Comment Score

Drift Protocol Calculator

How much is 1 DRIFT?

Conversion Table

DRIFT/USD (United States Dollar)

$0.45

DRIFT/CAD (Canadian Dollar)

CA$0.62

DRIFT/GBP (British Pound)

£0.35

DRIFT/JPY (Japanese Yen)

¥68.84

DRIFT/INR (Indian Rupee)

₹37.66

DRIFT/BRL (Real)

R$2.60

DRIFT/EUR (Euro)

€0.42

DRIFT/NGN (Nigerian Naira)

NGN 743.59

DRIFT/KRW (South Korean Won)

₩624.62

DRIFT/SGD (Singapore Dollar)

S$0.60

Drift Protocol is on the decline this week.

The price of Drift Protocol has increased by 3.94% in the last hour and increased by 15.24% in the past 24 hours. Drift Protocol’s price has also fallen by 11.39% in the past week. The current price is £0.35 per DRIFT with a 24-hour trading volume of £24.54M. Currently, Drift Protocol is valued at 6.38% below its all time high of £0.37. This all-time high was the highest price paid for Drift Protocol since its launch.

The current circulating supply of Drift Protocol is 243,035,228.025 DRIFT which means that Drift Protocol has as total market cap of 243,035,228.025.

FAQ

What is the current price of Drift Protocol?

We update our Drift Protocol to GBP currency in real-time. Get the live price of Drift Protocol on Coinbase.

What is the market cap of Drift Protocol?

The current market cap of Drift Protocol is £84.70M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Drift Protocol?

The all-time high of Drift Protocol is £0.37. This all-time high is highest price paid for Drift Protocol since it was launched.

What is the 24 hour trading volume of Drift Protocol?

Over the last 24 hours, the trading volume of Drift Protocol is £24.54M.

What other assets are similar to Drift Protocol?

Assets that have a similar market cap to Drift Protocol include Ethereum, Tether, BNB, and many others. To see a full list, see our comparable market cap assets.

How many Drift Protocol are there?

The current circulating supply of Drift Protocol is 243 million.

What is the typical holding time of Drift Protocol?

The median time that Coinbase customers hold Drift Protocol before selling it or sending it to another account or address is 9 days.

What is the relative popularity of Drift Protocol?

Drift Protocol ranks 271 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Can I buy Drift Protocol on Coinbase?

Yes, Drift Protocol is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Drift Protocol guide.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.