Drift Protocol
PrivateLast Round
Early Funding
Apr 16, 2026
Total Funding Raised
$75.8M
Momentum
Top 5%
of companies Caplight tracks
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
Crypto Exchanges, DeFi, Blockchain Infrastructure
Business Model
B2C
Customer Profile
Payment Processing Fee, Revenue Share
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Drift Protocol Comparables
Compare Drift Protocol with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Hyperliquid | 87% | |
| Flash.Trade | 86% | |
| Paradex | 85% |
Drift Protocol Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Early Funding | Apr 16, 2026 | ||||
| Series B | Sep 19, 2024 | ||||
| Series A | Oct 23, 2023 | ||||
| Series A | May 22, 2023 | ||||
| Seed | Oct 26, 2021 |
Drift Protocol Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Primitive Ventures | Series B |
| Maelstrom | Series B |
| JST Digital | Seed |
| Multicoin Capital | Seed, Series B |
| Blockchain Capital | Series B |
| Akuna Capital | Seed |
| Alameda Research | Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Sep 1, 2026
Open roles increased to 13, representing 52% of headcount.
- Aug 3, 2026
Open roles increased to 13, representing 52% of headcount.
Recent news
Latest coverage and updates
- has_valuationSep 5, 2026
Drift had valuation of $7.77M on Sep 5th '26.
Drift Protocol Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
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