Kairo Trade

DRIFT — price, funding and open interest

DRIFT/USDT perpetual on Binance · BingX · Bybit · Coinbase · Bitget · Gate · MEXC · KuCoin · Kraken · HTX: price 0.017355, 24h turnover $17.3M. Updated in real time.

0.017355
+6.26% · 24 hours

What this is

Decentralised finance

Drift — a perpetuals exchange on Solana with an order book living directly on-chain.

No upcoming unlocks scheduled.

Linear release of 7.9K tokens per day · Past unlocks: 3

Chart

Chart built from data of Bybit

What the data shows

DRIFT trades at 0.017355. Over 365 days it ranged between 0.010642 and 0.9930; 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 $7.4M. Over the past hour open interest rose by 0.42%. That is the 1th percentile over three weeks: noticeably fewer positions than usual.

24-hour turnover is $17.3M — the 88th percentile for the year: noticeably busier than usual.

The daily range is 16.8% and five-minute NATR is 0.57%. That range is in the 85th percentile for the year — an unusually wide day.

Traded on 10 venues: Binance, BingX, Bybit, Coinbase, Bitget, Gate, MEXC, KuCoin, Kraken, HTX — the price is cross-checked across several sources.

NATR is 0.25% on the minute and 2.97% on the hour — the move is choppy: within an hour price travels far and comes back.

Funding is +0.0050%: longs pay shorts, so positioning leans to buyers.

DRIFT correlation with Bitcoin over 24 hours is 0.32 — it partly moves with the market.

Over the day +6.26%, over the hour +0.81%, over the last five minutes 0.00% — it moved livelier an hour ago and has since gone quiet.

By turnover it ranks 282 of 2006 instruments in the screener.

By daily range it ranks 281 of 2006.

Built from current numbers and the coin's own year of history. Updates with the data.

How DRIFT behaved before

Tracked since May 2024 — 28 full months, and falling ones prevail: 18 of 28. 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

Kairo

Right 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

Open chartAll coinsTrades on: Binance · BingX · Bybit · Coinbase · Bitget · Gate · MEXC · KuCoin · Kraken · HTX
If I had bought DRIFT…Pick an amount and a date — we compute from minute history what it would be worth now and the annualised return.

Similar instruments

From the same group — decentralised finance. They open the same way, with a chart and a breakdown.

Price and movement

Price0.017355
Change, 5 minutes0.00%
Change, 15 minutes-0.97%
Change, 1 hour+0.81%
Change, 24 hours+6.26%

Turnover and activity

24h turnover$17.3M
24h range16.8%
NATR 5m0.57%
5m volume surge×1.0
Correlation to BTC0.32

Futures metrics

Binance funding+0.0050%
Bybit funding+0.0050%
Rate rank over 30 daysnot enough history
Open interest$7.4M
OI change over 1h+0.42%
OI rank over 20 days<1

How to read this

Open interest by exchange

Market-wide OI →$7.4M

How much money sits in open positions on each venue. The total spans every exchange listing the contract.

Bybit$2.4M31.9%
Binance$2.3M31.5%
BingX$940K12.7%
KuCoin$683K9.3%
Bitget$535K7.2%
MEXC$416K5.6%
Gate$127K1.7%

Trades and volume

trade flow from futures exchanges

News

Headlines and summaries from publishers. Full texts stay with the sources.

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