About Drift
Drift is a company based in United States founded in 2021 by Cindy Leow. It operates as a Token / Crypto Economy and Brokerage / Intermediation. Drift has raised $28.8 million across 3 funding rounds from investors including Multicoin Capital, QCP Capital and Primitive Ventures. Drift offers products and services including Drift Vaults and Yield Earning. Drift operates in a competitive market with competitors including Synthetix, Perpetual Protocol, Blofin, Bonfida and Avantis, among others.
- Headquarter United States
- Founders Cindy Leow
-
Sectors
Financial Services
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Drift Protocol
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$28.8 M (USD)
in 3 rounds
-
Latest Funding Round
Not available
-
Investors
Multicoin Capital
& 11 more
-
Employee Count
Not available
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
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.
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.
|
Locked | Locked | Locked | |
|
Venture capital fund investing in blockchain startups
|
Locked | Locked | Locked | |
|
Investment activities are focused on Bitcoin and related technologies.
|
Locked | Locked | Locked |
Investor details for Drift
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Drift
Investment portfolio details for Drift
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Drift
Detailed financials for Drift
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Drift Comparisons
Peer comparison for Drift
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Drift
Drift operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Synthetix, Perpetual Protocol, Blofin, Bonfida and Avantis, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Derivatives liquidity protocol
|
|
| Locked | Locked | Locked |
Online trading platform for cryptocurrency
|
|
| Locked | Locked | Locked |
Cryptocurrency futures and perpetual contracts are traded via Blofin's platform.
|
|
| Locked | Locked | Locked |
Blockchain-based trading network for Solana
|
|
| Locked | Locked | Locked |
Cryptocurrencies and real-world assets are traded on a decentralized platform.
|
Detailed competitors of Drift
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on 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.
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 offers Drift Vaults and Yield Earning.
Drift has 12 investors. Key investors include Multicoin Capital, QCP Capital, Primitive Ventures, Folius Ventures, and Maelstrom.