About Drift
Drift is a Financial Services company based in United States founded in 2021 by Cindy Leow. Cryptocurrency futures and options trading solutions are offered. It operates on a Token / Crypto Economy and Brokerage / Intermediation model. Drift has raised $28.8 million across 3 funding rounds from investors including Multicoin Capital, QCP Capital and Primitive Ventures. Its website drift.trade draws about 130 thousand monthly visits. Drift offers products and services including Drift Vaults and Yield Earning. Its focus areas include Financials, Cryptocurrency and Decentralized Finance (DeFi). Its legal entity is Drift Protocol. Its competitors include Bonfida, Avantis and Aark Digital; 3 of its 3 listed competitors have raised funding.
Company details
A decentralized finance (DeFi) platform is operated by Drift, focusing on trading perpetual futures with high leverage up to 101x on assets like SOL and BTC. Yield earning opportunities are offered through collateral deposits, staking, and market-making vaults. Built on the Solana blockchain, low-latency trading and deep liquidity are ensured via a JIT mechanism. Cross-margin systems are supported, allowing any token as collateral while earning yield. The platform targets cryptocurrency markets, providing access to over 40 assets with minimal slippage and low fees. Security is prioritized with audits from leading firms.
- Headquarters United States
- Founders Cindy Leow
- SectorsFinancial Services
- Website category Finance · Investing
- Website drift.trade
- Social LinkedIn X
- Legal Name Drift Protocol
- Total Equity Funding$28.8M (USD)
in 3 rounds
- InvestorsMulticoin Capital
& 11 more
Products & Services of Drift
Drift offers a comprehensive portfolio of products and services, including Drift Vaults and Yield Earning.
Trading platform for perpetual futures with leverage.
Yield earning through collateral deposit and staking.
Funding Insights of Drift
Drift has successfully raised a total of $28.8M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $28.8M
- Total Rounds 3
- First Round $3.8M
(Oct 2021)
- Investors Count 12
All 3 funding rounds of Drift with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2026 | $100M | Debt – Conventional | – | – | Tether |
| Sep 2024 | $25M | Series B | – | Multicoin Capital | |
| Oct 2021 | $3.8M | Series A | – | Multicoin Capital |
12 investors in total: 12 institutional.
Investors in Drift
Drift has secured backing from 12 investors, including institutional and venture fund investors. Prominent investors backing the company include Multicoin Capital, QCP Capital and Primitive Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Blockchain technologies are invested in globally by Primitive Ventures. | primitive.ventures | San Francisco, United States | ||
Venture capital fund investing in blockchain startups | folius.ventures | Hong Kong, China | ||
Investment activities are focused on Bitcoin and related technologies. | maelstrom.fund | Brooklyn, United States | ||
Venture capital firm investing in the blockchain sector | blockchain.capital | San Francisco, United States | ||
Venture capital and funds of fund firm focused on multiple sectors | jumpcap.com | Chicago, United States | ||
Robot Ventures is associated with technology or robotics. | robvc.com | New York, United States | ||
Venture capital is invested in blockchain and cryptocurrency sectors. | 2017 | multicoin.capital | Austin, United States | |
Operates a digital hub for cryptocurrency trading and services. | 2017 | alameda-research.com | San Francisco, United States | |
Provider of digital asset investment services | ledgerprime.com | Miami, United States |
Investor details for Drift
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Drift
1 people are tracked at Drift (1 in leadership).
| Name | Role | Group |
|---|---|---|
Cindy Leow | Co-Founder | Leadership |
Complete people profiles for Drift
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Drift
3 dated milestones of Drift across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Drift is founded.
- Funding First funding round of $3.8M.
- Funding Latest funding round, Debt – Conventional,.
Competitors of Drift
Drift has 3 listed competitors in our database, 3 of them funded. They include Bonfida, Avantis and Aark Digital.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bonfida.org | 2020 | Solana Beach, United States | $4.5M | Blockchain-based trading network for Solana | ||
| avantisfi.com | 2023 | New York, United States | $16M | Cryptocurrencies and real-world assets are traded on a decentralized platform. | ||
| aark.digital | 2023 | New York, United States | $6M | Decentralized derivatives exchange platform |
Detailed competitors of Drift
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Drift
The website of Drift (drift.trade) receives about 129.5K visits a month and ranks #215,589 among all websites worldwide, #2,311 in Investing.
- Monthly visits129.5K
▼ 28.2% vs previous month
- Unique visitors55.1K
per month
- Global rank#215,589
among all websites
- Category rank#2,311
Finance · Investing
- Bounce rate37%
- Pages per visit3.5
- Average visit5 min 06 sec
- DevicesDesktop 46% · Mobile 54%
Websites whose visitors overlap most with Drift. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| tradingview.com | 100% | 248.1M | #118 | View details | |
fluxcharts.com | fluxcharts.com | 97% | #189,795 | – | |
| orca.so | 96% | 276.7K | #129,743 | View details | |
7k.ag | 7k.ag | 96% | #2,247,005 | – | |
| birdeye.so | 95% | 328.6K | #149,650 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 28 similar websites and full traffic analytics for Drift
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 28 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Cryptocurrencies
3 companies that operate in the same segment as Drift (Cryptocurrencies) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cross-border cryptocurrency payments for businesses are enabled through APIs. | 2013 | Boston, Massachusetts, United States | USD 1.51 B | USD 2.75 B | 1,533 | |
Cryptocurrency trading, storage, and exchange services are offered online. | 2012 | San Francisco, California, United States | USD 546.62 M | USD 7.18 B | 7,025 | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | 217 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Drift
Complete news archive for Drift
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Drift
Drift was founded in 2021.
Drift is headquartered in United States.
Drift is a funded company, having raised a total of $28.8M across 3 funding rounds to date. The company's 1st funding round was a Series A of $3.8M, raised on Oct 2021.
A decentralized finance (DeFi) platform is operated by Drift, focusing on trading perpetual futures with high leverage up to 101x on assets like SOL and BTC. Yield earning opportunities are offered through collateral deposits, staking, and market-making vaults. Built on the Solana blockchain, low-latency trading and deep liquidity are ensured via a JIT mechanism. Cross-margin systems are supported, allowing any token as collateral while earning yield. The platform targets cryptocurrency markets, providing access to over 40 assets with minimal slippage and low fees. Security is prioritized with audits from leading firms.
Drift's top competitors include Avantis, Bonfida and Aark Digital.
Drift offers Drift Vaults and Yield Earning.
Drift has 12 investors. Key investors include Multicoin Capital, QCP Capital, Primitive Ventures, Folius Ventures, and Maelstrom.
Drift operates through Drift Protocol.
The website of Drift receives about 130 thousand visits a month and ranks #215,589 among all websites worldwide.