Drift Protocol (DRIFT)
Drift Protocol is a decentralised exchange, open-sourced and built on the Solana blockchain. At the application level, Drift Protocol supports low slippage, low fees, and minimal price impact on all trades. Drift offers four primary products: Spot Trading, Perpetuals Trading, Borrow & Lend, Passive Liquidity Provision.
1. DRIFT Basic Info
| Symbol | DRIFT |
| Name | Drift Protocol |
| Web Site | https://www.drift.trade/drift-governance-token |
| Wallet | -- |
| Source | -- |
| Explorer | https://explorer.solana.com/ |
| Forum | -- |
| Mining | |
| Supply | 1000000000 |
| Available Supply | 288501000 |
| Market Cap | 152357378.1 |
| White Paper | -- |
| Is ICO | None |
| Raised Funds | - |
| Distribution | - |
| Algorithm | -- |
| Proof | -- |
| Total | 1000000000 |
| Release Date | 2024-05-16 |
2. DRIFT Technical Info
2.1 DRIFT Kline Chart Price
2.2 DRIFT Technical Analysis
The trend is expected to be bearish. The price is likely to continue decreasing in the short term. There might be some short-term price fluctuations, but the overall direction will remain downward. It is possible for a period of consolidation before the downward trend resumes. The trading volume indicates a weakening of the previous upward momentum. The support levels are likely to be tested soon. This suggests a potential for further price declines.
