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Velocity (prev. Drift Protocol) — Live Price, Open Interest & Funding
#926 DRIFTVelocity (prev. Drift Protocol) (DRIFT) is a defi cryptocurrency ranked #926 by market capitalisation. It is currently trading at $0.0111682, up 0.4% over the last 24 hours. The 24-hour range has stretched from $0.0108233 to $0.0113562. 24-hour volume reached 149M DRIFT (~$1.67M), with total turnover of $1.67M. Open interest on perpetual futures sits at 352M DRIFT ($3.94M), reflecting the size of leveraged positions still open. Average funding rate across 6 exchanges is near zero (0.0048%), suggesting balanced positioning between longs and shorts. Market capitalisation is $7.99M, with a circulating supply of 715M DRIFT out of a maximum of 1B DRIFT. Velocity (prev. Drift Protocol) launched in 2022. Live data is aggregated from 8 major exchanges including Binance, Bybit, KuCoin.
Markets
| Exchange | Price | Turnover 24h | Funding |
|---|---|---|---|
| Binance | $0.01121 | $900K | +0.005% |
| Bybit | $0.01119 | $324K | +0.005% |
| KuCoin | $0.01119 | $30K | +0.005% |
| BingX | $0.01118 | $39K | — |
| Bitget | $0.01119 | $30K | +0.005% |
| HTX | $0.0109 | $5.7K | — |
| MEXC | $0.01123 | $114K | +0.005% |
| Gate | $0.01121 | $32K | +0.0039% |
DRIFT technical analysis
as of 14.08.2026 21:01This is an automated summary of technical indicators, not investment advice. Crypto is highly volatile — make your own decisions.
Price changes
Key data
- Open interest
- 352M DRIFT ($3.94M)
- Turnover · 24h
- $1.67M
- Volume · 24h
- 149M DRIFT ($1.67M)
- Fully diluted market cap
- $7.99M
- Circulating supply
- 715M DRIFT
- Total supply
- 1B DRIFT
- Max. supply
- 1B DRIFT
Profile
- Rank
- #926
- Type
- Token
- Category
- DeFi
- Date Launched
- 04 Nov 2022
Links
Funding rate Velocity (prev. Drift Protocol)
Funding rate is paid every 8 hours between long and short traders. Positive rate: longs pay shorts (market is bullish). Negative rate: shorts pay longs. Extreme values (>0.1%) often precede reversals.
Velocity (prev. Drift Protocol) Price & Volume by Exchange
| Exchange | Futures | Spot | Open interest | Turnover 24h | Funding |
|---|---|---|---|---|---|
| Binance | $0.01121 | — | 179M | $900K | +0.005% |
| Bybit | $0.01119 | $0.01118 | 69M | $324K | +0.005% |
| KuCoin | $0.01119 | $0.01118 | 54M | $30K | +0.005% |
| BingX | — | $0.01118 | — | $39K | — |
| Bitget | $0.01119 | $0.01117 | 28M | $30K | +0.005% |
| HTX | — | $0.0109 | — | $5.7K | — |
| MEXC | $0.01123 | $0.01119 | 20M | $114K | +0.005% |
| Gate | $0.01121 | $0.011167 | 2.2M | $32K | +0.0039% |
Futures and spot price comparison across major exchanges. A large spread between exchanges may signal arbitrage opportunity or liquidity imbalance.
Frequently asked questions
- What is the current price of Velocity (prev. Drift Protocol) (DRIFT)?
- Velocity (prev. Drift Protocol) (DRIFT) is currently trading at $0.0111682 USDT. The price updates every minute and is aggregated across the major crypto exchanges — Binance, Bybit, OKX, KuCoin, Bitget, BingX, MEXC, HTX, Gate.io and Hyperliquid — which removes single-venue outliers and gives a stable reference price you can use for alerts and cross-exchange comparison.
- Where is DRIFT traded?
- Velocity (prev. Drift Protocol) (DRIFT) is currently tracked across 8 exchanges: Binance, Bybit, KuCoin, BingX, Bitget, HTX, MEXC, Gate — both USDT-M perpetual futures and USDT spot pairs where available. Data refreshes every minute, and each venue feeds the aggregated metrics (price, turnover, open interest, funding).
- What is the DRIFT funding rate now?
- Average DRIFT funding across 6 exchanges is near zero (0.0048%) — balanced positioning, no clear overheating on either side. Funding is a periodic payment between perpetual-contract sides that pins the perp price to spot; it is charged every 8 hours and signals which way positioning is skewed. Near-zero funding is the neutral zone: the market is not crowded, but there is no compressed-spring catalyst either.
- What is the DRIFT open interest now?
- Total DRIFT open interest across our tracked venues is 352M (~$3.94M in USD). Open interest is the aggregate notional of unsettled futures contracts (each contract is one long + one short, counted once). Rising OI with rising price confirms fresh money entering and trend strength; rising OI with falling price points to aggressive short build-up; falling OI signals position unwinding and weakening momentum. Watch OI live in the dashboard or set an OI-spike alert below.
- How can I get an alert on DRIFT price, OI or funding moves?
- JustScreener scans all 5,200+ coins on 10 exchanges every 60 seconds — there is no list of coins to configure. For price, OI or volume alerts use the Custom Screener; for funding — the Funding Screener. A Telegram or push notification fires the moment a rule triggers.