Drift Protocol releases its token economic model: 55.6% of DRIFT tokens are now in circulation, and the lock-up period for major investors has expired...
TL;DR
Drift Protocol has released its DRIFT tokenomics, with 55.6% of tokens now circulating and investor lock-ups ended. The protocol is preparing to launch v3 for faster perpetual contracts and is discussing token buybacks using surplus funds.
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Odaily Odaily reports that Drift Protocol, a decentralized exchange (DEX) specializing in perpetual contracts, has released the latest tokenomics for its governance token, DRIFT. As of November 2025, 55.6% of the total supply has entered circulation, and the lock-up periods (Cliffs) for all major investors have ended.
Drift Protocol is preparing to launch Drift v3, the next-generation version of its perpetual contracts, focusing on speed and performance. Meanwhile, the community is engaged in governance discussions, exploring proposals to use protocol surplus to buy back DRIFT tokens.