Drift updates token economics: Over half of DRIFT tokens are now in circulation, with a current circulating supply cap of 750 million.

PANews reported on November 19th that, according to an official Drift announcement, since the TGE in May 2024, 55.6% of the total DRIFT supply (approximately 556 million tokens) has entered circulation, and the lock-up period for major investors has ended. The current circulating supply cap is 750 million tokens, and tokens will continue to be released according to the original 5-year emission plan. Community and trading incentives account for 43%, the team and development fund account for 25%, and strategic investors hold 22%. Drift's total trading volume has exceeded $120 billion, and the launch of Drift v3 is underway.

Share to:

Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
15 hour ago
16 hour ago
18 hour ago
2026-01-01 02:15
2026-01-01 01:22
2026-01-01 00:19

Popular Articles

Industry News
Market Trends
Curated Readings

Curated Series

App内阅读