Drift Protocol
DRIFT Rank #1077Price chart
What is Drift Protocol?
Token launch
DRIFT's token generation event took place in May 2024. The stated maximum supply is one billion tokens. Distribution follows a five-year emission schedule. Allocations cover ecosystem incentives, the launch airdrop, protocol development and strategic participants. The token gives holders participation in protocol governance.
Protocol design
Drift was built around perpetual futures and spot markets on Solana. Its product set expanded to borrowing, lending and strategy vaults. Trading used shared collateral and configurable leverage. The April 2026 incident changed the operating context of those products. The team's recovery plan centres on a rebuilt exchange and user compensation.
Recovery tokens
On October 1, 2026, Drift opened claims for DFX recovery tokens. DFX is issued against verified losses and is separate from DRIFT. Its recovery pool receives a share of Velocity exchange revenue and recovered funds. DFX holders can burn their tokens for the pool's prevailing USDT redemption amount. Ownership of DRIFT does not itself constitute a DFX loss claim.
Where to trade DRIFT
33 exchanges · top 10
Live spot quotes from connected exchanges
DRIFT funding rates
Live perpetual funding on every connected exchange. Positive = longs pay shorts.
Contracts & chains
Exact contract or mint per network — the identity layer used for DEX routing.
On-chain routes
Networks with a connected DEX routing adapter.