DRIFT — price, funding and open interest
DRIFT/USDT perpetual on Binance · Bybit · BingX · Coinbase · MEXC · KuCoin · Bitget · Gate · Kraken · HTX: price 0.013090, 24h turnover $3.3M. Updated in real time.
What this is
Decentralised financeDrift — a perpetuals exchange on Solana with an order book living directly on-chain.
Chart
Chart built from data of Bybit
DRIFT unlocks
Full unlock calendar →No upcoming unlocks scheduled.
Linear release of 480.0K tokens per day · Past unlocks: 3
What the data shows
DRIFT trades at 0.013090. Over 365 days it ranged between 0.010642 and 0.3835; the price now sits in the lower third of that range — 1% of the way from the yearly low to the high.
All-time high is 2.0694 (November 2024); the price is 99% below it now.
Open positions in DRIFT are worth $4.3M. Over the past hour open interest rose by 2.32%. That is at percentile 11 over three weeks: noticeably fewer positions than usual.
24-hour turnover is $3.3M — percentile 79 for the year: a normal level of activity for it.
Over the day -0.46%, over the hour +1.63%, over the last five minutes -0.53% — the move has only just started.
The daily range is 12.1% and five-minute NATR is 0.52%. That range is at percentile 74 for the year — an ordinary day for it.
Traded on 10 venues: Binance, Bybit, BingX, Coinbase, MEXC, KuCoin, Bitget, Gate, Kraken, HTX — the price is cross-checked across several sources.
NATR is 0.38% on the minute and 1.50% on the hour — price grinds: the hourly range is barely wider than the minute one.
Funding is +0.0050%: longs pay shorts, so positioning leans to buyers.
DRIFT correlation with Bitcoin over 24 hours is 0.91 — the coin closely follows the market.
By turnover it ranks 665 of 2164 instruments in the screener.
By daily range it ranks 844 of 2164.
Built from current numbers and the coin's own year of history. Updates with the data.
How DRIFT behaved before
Tracked since May 2024 — 30 full months, and falling ones prevail: 19 of 30. Median month -18.8%.
Best month — November 2024: +210.7%. Worst — October 2025: -52.7%.
Computed from our own minute history, month by month. The past promises nothing — but it shows what is ordinary for this instrument and what is not.
Our observations
KairoRight now DRIFT is within its usual range: volume, funding and open interest are all unremarkable.
Computed from our own minute history for this coin over a year. Percentile is the share of days the value was below today's. Description only, no forecasts.
What we noticed earlier
Similar instruments
From the same group — decentralised finance. They open the same way, with a chart and a breakdown.
Price and movement
Turnover and activity
Futures metrics
How to read this
- Funding is a payment between longs and shorts. A positive rate means longs pay shorts: the market is crowded long.
- The rate rank shows how unusual that rate is for this particular coin: 97 means above 97% of the last month, a rare skew. Without the rank the bare number says nothing — every coin has its own normal.
- Open interest is the money sitting in positions that are still open. Rising alongside price means new money entering; rising while price falls means shorts building up.
- The OI rank is measured in contracts rather than dollars: otherwise it would drift up with price alone and claim a record where nothing changed.
- NATR shows how much a coin moves relative to its own price. High NATR with high turnover is where today's action is.
How much money sits in open positions on each venue. The total spans every exchange listing the contract.