Drift Protocol
DRIFT#1375 by market capQualifies for a record and its pages are captured daily, but the record has not been written yet.
Drift Protocol is for prediction markets. We have not written its record yet, so its promises are not checked. It trades at $0.0112, #1338 of all coins by size, 100% below its highest ever price.
This week Nothing changed on its record.
A real job, real backing. No dated promises on its pages. Nothing dated ahead. #6 of 12 prediction markets. Nothing to be careful of on the record.
Is it real?
ExpandCollapse
3 of 4
- ✓A real-world jobReal-world purpose: prediction markets
- ✓Real backingBacking: trades on Coinbase, Crypto.com, Kraken
- ✓Something aheadAhead: news this month about partnership
- –Room to growWorth at least four times less than the biggest coin doing the same job, so the gap is real, not a guess.
Listed on 6 big exchanges
- Origin8 November 2024about about 22 monthsapp.drift.trade, GitHub, Whitepaper
- DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
- BackingNo named investorListed on Coinbase, Crypto.com, Kraken, Gemini
- Standing on the recordNo recordNo dated promise to judge yet14 headlines last monthNo corrections needed so far
It is already worth more than the typical coin in Prediction Markets ($7.5M). To match the leader, Overtime ($12.23M), its price would need to rise 53%, to about $0.0171.
Still to check
- No dated promise on record yet, so delivery cannot be judged
- No named investor among its tags
What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.
A gap is not a forecast. Most small coins never close it. The site never picks.
Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.
Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.
Does it deliver?
No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.
ExpandCollapse
Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it
What is next, and when?
Nothing dated has been found on its pages, so there is no date to wait for yet.
How big is it next to its rivals?
ExpandCollapse
Only coins within a hundred times its worth; a coin a thousand times bigger is another world
Prediction markets
13 coins tagged Prediction Markets, worth $9.59B together. #7 of 13 by worth.
Prediction Markets: this coin against its direct competitors
- CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
Drift Protocol$7.97Mthis coin−2.7%72% outno record
Overtime$12.23M1.5× bigger, +$4.25M−2.7%, gap +0.079% outno record
Hey Anon$8.44M1.1× bigger, +$467.89K+22.3%, gap +25.073% outno record
PRDCTR$8.29Mabout the same size−0.7%, gap +2.013% outno record
Opinion$8.22Mabout the same size−5.3%, gap −2.518% outno record
Dexsport$8.17Mabout the same size+0.5%, gap +3.257% outno record
Kleros$7.5M1.1× smaller, −$474.58K−1.0%, gap +1.7no maxno record
Limitless$6.07M1.3× smaller, −$1.9M−16.2%, gap −13.513% outno record
Prediction Markets: this coin next to Overtime, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.
- Drift Protocol says
- .
- Overtime says
- Overtime is a fully decentralized, onchain sportsbook ecosystem.
Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.
No description on file.
Problem it says it solves: prediction markets. 13 coins are working on it and together they are worth $9,591,948,837. This coin is 0% of that.
Where it trades: Coinbase, Crypto.com, Kraken, Gemini, Bybit
Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.
Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.
What should make me careful?
Nothing printed today
None of the six tests fails. A missed promise counts only on a record a person has checked.
ExpandCollapse
The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.
The homework: the coin itself, the news, the record
The coin itself
ExpandCollapse
The last 7 days
Where today sits against its highest ever price
Highest ever: $2.60 on 8 November 2024. Today is 0% of that.
72%
of all DRIFT that will ever exist is already out in public hands: 715.23M coins.
28% (284.77M coins) is already created but not in public hands, held by the project or locked in escrow. That is a large share, though not a majority. Those coins can be sold later, which can push the price down.
out held back. Each dot is 1%.
A vote, nothing more by itself
Holders vote on how the project runs. The coin does not pay for anything on its own.
- A vote on how the project is run
That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.
- of the maximum supply is in circulation: 715.23M of 1B.
- 284.77Mcoins still to be released, 28% of the maximum. Releases can add selling pressure.
- 1.4×fully diluted value versus today's market cap. The gap is coins not yet released.
- of its all-time high of $2.60 on 8 November 2024. That is −99.6% from the top.
- #1338by market cap, $7,974,895.
- Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.
Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.
What the news says
ExpandCollapse
Headlines per day, last 30 days
14 headlines named this coin in the last month.
What they were about
- Hack8
- Stablecoin3
- Partnership1
- Solana-Based Drift Protocol Hit By $270m Exploit, Token Drops 11%
- Drift’s Recovery Math Looks Bleak As Current Revenue Pace Implies 737-Year Wait For Users
- Drift’s Recovery Math Looks Bleak As Current Revenue Pace Implies 737-Year Wait For Users
- Drift Protocol Exploit Detailed: North Korean Hackers Spent 6 Months Inside, Used $1M Trojan Horse
- Drift Taps Tether For $150M Reboot, Signaling A Stablecoin Power Shift
- Drift Lines Up $150M Tether Deal To Relaunch After $285M Hack
- $285M Drift Exploit Exposes Circle Inaction, ZachXBT Says
- $285M Drift Exploit Exposes Circle Inaction, ZachXBT Says
- Solana-Based Drift Protocol Hit By $270m Exploit, Token Drops 11%
- Drift Taps Tether For $150M Reboot, Signaling A Stablecoin Power Shift
- Solana News: XRP Debuts, Drift Recovers as Solana Gains Speed
- How Attackers Turned $500 Into $285M: The Drift Hack Breakdown
- 12 Crypto Protocols Attacked in Two Weeks After Drift Exploit
- Drift Taps Tether For $150M Reboot, Signaling A Stablecoin Power Shift
14 headlines in the last month.
Headlines are the publishers' own. News is never placed next to price.
The record itself
Qualifies for a record and its pages are captured daily, but the record has not been written yet.
ExpandCollapse
Six facts, the project's own replies, its peers, contract facts, references and every stored copy