Drift Protocol
Built for Traders. Engineered for Execution.
- Employees
- 11–50
- Business Model
- Marketplace
- Website
- drift.trade
- Total Funding
- $48.5M
- Last Round
- $25.0M Series BSep 2024
- Rounds
- 2
About
Drift is a decentralized trading platform built on Solana, offering perpetual futures with up to 101x leverage across 40+ markets, permissionless trading of 100+ assets using any token as collateral, and optimized yield strategies offering up to 16% APY on deposits. As of mid-2026 the protocol reports $826B in total deposits and over $50B in cumulative trading volume, positioning it as one of Solana's largest on-chain trading venues.
Summary
Drift Protocol is a Crypto & Web3 company. It has raised $48.5M in total across 2 rounds, most recently a $25.0M Series B round in Sep 2024. Investors include Multicoin Capital, Blockchain Capital and Primitive Ventures.
Funding History
Sep 2024
Sign up to see all 2 rounds
Series A through Series B — per-round amounts, valuations, and who invested in each round.
Investors
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