Drift

Drift

Private
Sydney, New South WalesCrypto & Web3https://www.drift.trade

Last Round

Early Funding

Apr 16, 2026

Total Funding Raised

$52.3M

Company Overview

Drift Protocol is a fintech company that offers a decentralized and capital-efficient derivatives exchange platform designed to support margin trading with an innovative pegging mechanism for enhanced liquidity management.

Sector

Crypto & Web3

Verticals

DeFi, Crypto Exchanges, Lending & Credit, DAOs, Smart Contracts

Business Model

B2B

Customer Profile

Payment Processing Fee, Marketplace Commission

AI Layer

Non-AI

Keywords

perpetual futures tradingdecentralized exchangeDEXperps tradingperpetuals DEXSolana DEXleveraged tradingcrypto derivativeson-chain order booknon-custodial tradingDynamic Automated Market MakerDAMMspot tradingDeFi lendingmarket making vaultsinstitutional DeFidecentralized autonomous organizationDAOprediction markets

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Drift Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Drift Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Early FundingApr 16, 2026
Series BSep 19, 2024
Series AOct 23, 2023
SeedOct 26, 2021

Drift Investors

Notable investors and investment history

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 17, 2026

    New collaboration announced with blockchain intelligence firm Arkham.

  • Apr 17, 2026

    Partnered with blockchain intelligence firm Bybit Fintech Limited.

Drift Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Drift Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Drift's valuation, stock price, and market status.

Firmographic Details

HeadquartersSydney, New South Wales
Employee Range25
Year Founded2021
Last FundingApr 16, 2026

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Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.