Drift, a Solana-based decentralized perpetual protocol, uses a dynamic vAMM (DAMM) and offers derivatives like perps and spot.
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Drift is building a decentralized perpetual futures exchange on Solana using its dynamic vAMM (DAMM) model. Drift V2, launched in mid-2022, has become a leading platform for perpetuals with a top 5 TVL, driven by its unique hybrid liquidity approach. The protocol supports diverse derivative markets, including perpetuals, spot trading, lending, and more.
As of now, Drift Protocol is trading at 0.676625 USD, with a 24-hour trading volume of approximately 14.04M USD. The DRIFT to USD price is updated in real time. Over the past 24 hours, Drift Protocol has increased by 2.65%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 197.96M USD. Currently, there are 292 573 237 DRIFT in circulation out of a maximum supply of 1 000 000 000 DRIFT.
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