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Velocity (prev. Drift Protocol) — Live Price, Open Interest & Funding
#948 DRIFTVelocity (prev. Drift Protocol) (DRIFT) is a defi cryptocurrency ranked #948 by market capitalisation. It is currently trading at $0.0118441, up 3.97% over the last 24 hours. The 24-hour range has stretched from $0.0109911 to $0.0120164. 24-hour volume reached 166M DRIFT (~$1.96M), with total turnover of $1.97M. Open interest on perpetual futures sits at 300M DRIFT ($3.55M), reflecting the size of leveraged positions still open. Average funding rate across 6 exchanges is +0.0050%, with longs paying shorts — typically a sign of bullish positioning. Market capitalisation is $8.47M, 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 7 major exchanges including Binance, Bybit, Bitget.
Markets
| Exchange | Price | Turnover 24h | Funding |
|---|---|---|---|
| Binance | $0.01195 | $1.1M | +0.005% |
| Bybit | $0.01192 | $426.6K | +0.005% |
| Bitget | $0.01194 | $36.5K | +0.005% |
| KuCoin | $0.0119 | $54.7K | +0.005% |
| MEXC | $0.01196 | $92.7K | +0.005% |
| HTX | $0.0109 | $31.8K | — |
| Gate | $0.01194 | $17.5K | +0.005% |
Scroll sideways — the exchange stays in place
DRIFT technical analysis
as of 15.09.2026 17:54This is an automated summary of technical indicators, not investment advice. Crypto is highly volatile — make your own decisions.
Price changes
- Price per Hour
- +2.83% $0.0003249
- Price within 12 Hours
- +4.88% $0.0005503
- Price within 24 Hours
- +3.97% $0.000451
- Price per Week
- -7.12% -$0.0008604
- Price per Month
- -0.34% -$0.0000382
Key data
- Open interest
- 300M DRIFT ($3.55M)
- OI change
- +0.01% 1h -0.00% 24h
- OI / 24h turnover
- 1.80
- Where OI sits
- Binance 51.0%, Bybit 20.3%, KuCoin 12.1%
- Turnover · 24h
- $1.97M
- Volume · 24h
- 166M DRIFT ($1.96M)
- Fully diluted market cap
- $8.47M
- Circulating supply
- 715M DRIFT
- Total supply
- 1B DRIFT
- Max. supply
- 1B DRIFT
Profile
- Rank
- #948
- Type
- Token
- Category
- DeFi
- Date Launched
- 04 Nov 2022
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Links
Funding rate Velocity (prev. Drift Protocol)
Funding is a payment between longs and shorts. Positive: longs pay shorts (bullish market), negative: shorts pay longs. Settlement intervals differ between venues, so each rate is shown alongside its 8-hour equivalent — the only form in which venues are comparable. The annualized figure assumes the current rate persists — arithmetic, not a forecast.
Where Velocity (prev. Drift Protocol) positions were built
Positive open interest increases over the last 7 days, bucketed by the price of the hour they occurred in. It shows where leverage was added, not where anyone gets liquidated: the side of the position is absent from this data.
Most was built around 0.01148875. Built by: Binance 43%, KuCoin 24%, MEXC 19%.
The snapshot is taken on the hour boundary, so a weekly map is 168 points, not a continuous series. A bucket price is the price of the hour, not of each trade inside it. Position closures are not included.
Velocity (prev. Drift Protocol) Price & Volume by Exchange
| Exchange | Futures | Vs market | Spot | Open interest | Turnover 24h | Funding |
|---|---|---|---|---|---|---|
| Binance | $0.01195 | +0.08% | — | 153M | $1.1M | +0.005% |
| Bybit | $0.01192 | -0.17% | $0.01192 | 61M | $426.6K | +0.005% |
| Bitget | $0.01194 | 0.00% | $0.01192 | 27M | $36.5K | +0.005% |
| KuCoin | $0.0119 | -0.34% | $0.01194 | 36M | $54.7K | +0.005% |
| MEXC | $0.01196 | +0.17% | $0.0119 | 20M | $92.7K | +0.005% |
| HTX | — | — | $0.0109 | — | $31.8K | — |
| Gate | $0.01194 | 0.00% | $0.011939 | 2.5M | $17.5K | +0.005% |
Scroll sideways — the exchange stays in place
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 $0.0118441 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 7 exchanges: Binance, Bybit, Bitget, KuCoin, MEXC, HTX, 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 +0.0050% — longs are paying shorts. Funding is a periodic payment between perpetual-contract sides that pins the perp price to spot; it is charged every 8 hours on most venues (some run 4-hour or 1-hour cycles). A positive rate means long positioning is dominant; sustained readings above +0.05% historically signal long-side overcrowding and frequently precede a long-squeeze — a sharp reversal as longs get force-liquidated.
What is the DRIFT open interest now?
Total DRIFT open interest across our tracked venues is 300M (~$3.55M 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 6,000+ 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.