Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Drift updates tokenomics: Over half of DRIFT tokens have been unlocked and are in circulation, with the current circulating cap at 750 millions.

Drift updates tokenomics: Over half of DRIFT tokens have been unlocked and are in circulation, with the current circulating cap at 750 millions.

PANews2025/11/19 00:20
By: PANews
DRIFT-7.50%

PANews reported on November 19 that, according to Drift's official announcement, since the TGE in May 2024, 55.6% of the total DRIFT supply (approximately 556 million tokens) has entered circulation, and the lock-up period for major investors has ended. The current circulation cap is 750 million tokens, and the tokens continue to be released according to the original five-year emission schedule. Community and trading incentives account for 43%, the team and development fund account for 25%, and strategic investors hold 22%. Drift's total trading volume has surpassed $120 billion, and the launch of Drift v3 is underway.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Bitcoin Outperforms US Indexes In Surprise Move
2
41 % Of XRP Holders Underwater Despite High Price

Crypto prices

More
Bitcoin
Bitcoin
BTC
$91,831.88
+1.16%
Ethereum
Ethereum
ETH
$3,094.51
+2.03%
Tether USDt
Tether USDt
USDT
$0.9994
+0.05%
XRP
XRP
XRP
$2.16
-0.30%
BNB
BNB
BNB
$931.25
+2.19%
Solana
Solana
SOL
$140.65
+2.69%
USDC
USDC
USDC
$0.9997
-0.01%
TRON
TRON
TRX
$0.2881
+0.13%
Dogecoin
Dogecoin
DOGE
$0.1590
+2.28%
Cardano
Cardano
ADA
$0.4690
+0.93%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter