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What is the Drift Protocol token vesting schedule?
Drift Protocol follows a vesting schedule with allocations to the Ecosystem Development and Trading Rewards, Protocol Development, Strategic Participants and Community Access Sale. Most allocations are released through a cliff mechanism. The full unlock schedule extends into 2029.
When is the next Drift Protocol unlock?
Drift Protocol is fully unlocked.
How much Drift Protocol supply is currently unlocked?
As of today, approximately 555,962,812 Drift Protocol which is 55.60% of Drift Protocol's total supply has been unlocked. The remaining tokens are still locked and will be released according to the vesting schedule.
Is Drift Protocol vesting cliff or linear?
Drift Protocol uses linear vesting, especially for Ecosystem Development and Trading Rewards allocations. This means tokens are released in equal amounts over time, reducing sudden supply shocks.
What is the difference between Drift Protocol circulating and total supply?
The circulating supply of Drift Protocol is 555,962,812 tokens and the total supply is 1,000,000,000 tokens. The total supply is the max amount of tokens to ever be in circulation, including those that are still locked.
What is Drift Protocol's FDV (Fully Diluted Valuation)?
Drift Protocol’s FDV is $93,267,000 which reflects the market value if all 1,000,000,000 tokens were unlocked. This figure helps estimate long-term dilution risks.
How is Drift Protocol allocated across stakeholders?
The Drift Protocol allocation includes Strategic Participants at 22.00%, Community Access Sale at 10.00%, Ecosystem Development and Trading Rewards at 43.00% and Protocol Development at 25.00%.
Has Drift Protocol price dropped after past unlocks?
Historically, Drift Protocol has shown high volatility 7 days after the past unlock. The price impact depends on who receives the unlocked tokens and market conditions.
How can I track upcoming Drift Protocol unlocks?
Tokenomist provides an up-to-date vesting chart and unlocks monitor that shows upcoming unlocks for Drift Protocol, with visibility for each allocation and amount.