Drift Protocol rewards & airdrop history

CompletedPerp DEXPhase: Ended (protocol offline)Token: $DRIFTData reviewed 2026-07-05

Independent research, not a token-access portal

PerpFinder is not Drift Protocol and is not affiliated with or endorsed by it. We do not connect wallets, check eligibility, process token distributions, accept deposits, or distribute tokens. Never enter a password, seed phrase, or private key on PerpFinder. Historical distributions do not prove that a future airdrop will occur.

Method	Details
Trading (suspended)	Drift has been offline since the 2026-04-01 exploit (~$295M) and is relaunching as Velocity DEX, in private beta as of July 2026. Nothing is earnable on Drift today.

This table describes published mechanics. It does not check eligibility and does not promise a distribution.No method publishes a points-per-dollar rate · Every method carries the same 1x multiplier

What Drift Protocol has actually paid out

Season	Date	Distributed	Price at drop	Eligibility
Genesis	2024-05-16	120M DRIFT	$0.31	Points from platform genesis through May 2024: a 100M base allocation plus a 20M bonus, about 12% of supply. DRIFT opened at $0.10, spiked to $0.84, and settled near $0.31 on day one.
FUEL Season 1	2025-06-30	43M DRIFT	—	Wallets holding at least 20,000 FUEL (22,000+ qualifiers); distribution access opened 2025-06-30, and allocations above 150,000 DRIFT vested over 12 months.

Sources for each distribution

Genesis
No official source is recorded for this distribution.
FUEL Season 1
No official source is recorded for this distribution.

Drift distributed DRIFT through a genesis airdrop and the FUEL points program on its Solana perp DEX. Both concluded before the April 2026 exploit took the protocol offline.

Full Drift Protocol review

Status note (2026-07-05): FUEL was fully distributed in 2025. Drift was exploited for ~$295M on 2026-04-01 (attributed to DPRK-linked actors), went offline, and is relaunching as Velocity DEX with a separate $1-per-$1-loss recovery-token plan. Recovery tokens are compensation, not an airdrop. Points may never convert to tokens. The team sets any conversion ratio at distribution time. Never trade solely to farm an airdrop.

FAQ

Is a new Drift Protocol airdrop confirmed?

No new airdrop is confirmed by past distributions alone.

Drift Protocol previously distributed 120M DRIFT in Genesis. The separately tracked rewards-program status is completed. PerpFinder does not determine or verify eligibility.

Is the documented Drift Protocol program still active?

No — the points era has ended.

Nothing earns airdrop points on Drift Protocol today. The Documented Drift Protocol program mechanics table describes how the concluded program worked.

What did earlier Drift Protocol seasons pay?

Genesis (2024-05-16): 120M DRIFT at ~$0.31 per token; FUEL Season 1 (2025-06-30): 43M DRIFT.