DRIFT token
Overview
The token DRIFT serves as the native utility and governance asset for Drift Protocol, a decentralized perpetual exchange operating on the Solana network. Its functions include protocol governance, staking to accrue fees and incentives, and use as collateral.
Within The Counterparty graph, DRIFT connects to 8 tracked entities, most strongly to Solana, Drift Protocol, Drift Protocol.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 8 of 8 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Solana | 95% |
supports_token | Drift Protocol | 95% |
governed-by-token | Drift Protocol | 95% |
supports_token | Drift Staked SOL | 95% |
issued_by | Drift Protocol | 90% |
issued_by | Drift Protocol | 90% |
covers | Tether Commits $127.5M to Drift Protocol Recovery Plan Following $270M+ Exploit | 70% |
covers | Class Action Lawsuit Filed Against Circle Over Drift Protocol $280 Million Hack: Gibbs Mura Law Group | 70% |
Frequently asked questions
What is DRIFT?
DRIFT is a token tracked in The Counterparty knowledge graph. It is connected to 8 other tracked entities, most strongly to Solana, Drift Protocol, Drift Protocol.
What type of entity is DRIFT?
DRIFT is classified as a token (token) in The Counterparty knowledge graph.
What is DRIFT connected to?
In The Counterparty knowledge graph, DRIFT is linked to 8 other tracked entities, most strongly to Solana, Drift Protocol, Drift Protocol.