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Drift Protocol
DRIFT / SGD
#571
S$0.5670
7.3%
0.056410 BTC
5.3%
$0.4102
24h Range
$0.4530
Convert Drift Protocol to Singapore Dollar (DRIFT to SGD)
The price of converting 1 Drift Protocol (DRIFT) to SGD is S$0.5670 today.
DRIFT
SGD
1 DRIFT = S$0.5670
How to Buy DRIFT with SGD
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1. Identify where to trade DRIFT
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Drift Protocol (DRIFT) can be bought and sold across 23 crypto exchanges. Based on trading volume and Trust Score, the most active exchange to trade Drift Protocol is HTX, followed by Coinbase Exchange.
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2. Choose a suitable exchange
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A convenient option to buy DRIFT with SGD is through a centralized exchange (CEX) that supports SGD deposits. When choosing an exchange, compare its fee structure, security, and available assets. Most CEXes have maker/taker fees and may include additional withdrawal & deposit fees. Remember to allocate some funds for fees when buying DRIFT.
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3. Register an account
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Create an account with your preferred crypto exchange and complete the KYC process. Once your account is verified, choose your preferred payment method and deposit SGD into your account. Most exchanges offer options for bank transfers and credit/debit card payments.
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4. You’re now ready to buy DRIFT with SGD!
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Select Drift Protocol (DRIFT) and enter the amount of SGD you’d like to trade. Verify the details before confirming your transaction. Once you've received DRIFT, you may want to store it on a crypto wallet to retain custody of your assets.
DRIFT to SGD Chart
Drift Protocol (DRIFT) is worth S$0.5670 today, which is a 1.9% increase from an hour ago and a 7.3% decline since yesterday. The value of DRIFT today is 15.2% lower compared to its value 7 days ago. In the last 24 hours, the total volume of Drift Protocol traded was S$28,183,544.
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| 1h | 24h | 7d | 14d | 30d | 1y |
|---|---|---|---|---|---|
| 1.9% | 7.5% | 15.3% | 7.7% | - | - |
Drift Protocol Statistics
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Market Cap
Market Cap = Current Price x Circulating Supply
Refers to the total market value of a cryptocurrency’s circulating supply. It is similar to the stock market’s measurement of multiplying price per share by shares readily available in the market (not held & locked by insiders, governments) Read More |
S$87,941,684 |
|---|---|
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Market Cap / FDV
The proportion of current market capitalization compares to market capitalization when meeting max supply.
The closer the Mkt Cap/FDV to 1, the closer the current market capitalization to its fully diluted valuation and vice versa. Learn more about Mkt Cap/FDV here. |
0.15 |
|
Market Cap / TVL Ratio
Ratio of market capitalization over total value locked of this asset. A ratio of more than 1.0 refers to its market cap being greater than its total value locked.
MC/TVL is used to approximate a protocol’s market value vs. the amount in assets it has staked/locked. |
0.19 |
|
Fully Diluted Valuation
Fully Diluted Valuation (FDV) = Current Price x Total Supply
Fully Diluted Valuation (FDV) is the theoretical market capitalization of a coin if the entirety of its supply is in circulation, based on its current market price. The FDV value is theoretical as increasing the circulating supply of a coin may impact its market price. Also depending on the tokenomics, emission schedule or lock-up period of a coin's supply, it may take a significant time before its entire supply is released into circulation. Learn more about FDV here. |
S$567,405,362 |
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Fully Diluted Valuation / TVL Ratio
Ratio of fully diluted valuation (FDV) over total value locked (TVL) of this asset. A ratio of more than 1.0 means that the FDV is greater than its TVL.
FDV/TVL is used to approximate a protocol’s fully diluted market value vs. the amount in assets it has staked/locked. |
1.23 |
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24 Hour Trading Vol
A measure of a cryptocurrency trading volume across all tracked platforms in the last 24 hours. This is tracked on a rolling 24-hour basis with no open/closing times.
Read More |
S$28,183,544 |
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Total Value Locked (TVL)
Capital deposited into the platform in the form of loan collateral or liquidity trading pool.
Data provided by Defi Llama |
- |
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Circulating Supply
The amount of coins that are circulating in the market and are tradeable by the public. It is comparable to looking at shares readily available in the market (not held & locked by insiders, governments).
Read More |
154,989,167
https://mainnet-beta.api.drift.trade/DRIFT/?q=circulating-supply&format=coingecko
Est. Circulating Supply
154,989,167
|
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Total Supply
The amount of coins that have already been created, minus any coins that have been burned (removed from circulation). It is comparable to outstanding shares in the stock market.
Total Supply = Onchain supply - burned tokens |
1,000,000,000 |
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Max Supply
The maximum number of coins coded to exist in the lifetime of the cryptocurrency. It is comparable to the maximum number of issuable shares in the stock market.
Max Supply = Theoretical maximum as coded |
1,000,000,000 |
FAQs
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How much is 1 Drift Protocol worth in SGD?
- As of now, the price of 1 Drift Protocol (DRIFT) in Singapore Dollar (SGD) is about S$0.5670.
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How many DRIFT can I buy for S$1?
- You can buy approximately 1.76 DRIFT for S$1 today.
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How do I convert the price of DRIFT to SGD?
- Calculate the price of DRIFT in SGD by inputting your desired amount on CoinGecko’s DRIFT to SGD converter. For a detailed view of DRIFT’s historical price movements in SGD, you may refer to the DRIFT to SGD chart.
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What is the highest price of DRIFT/SGD in history?
- The all-time high price of 1 DRIFT in SGD is S$1.68, recorded on May 16, 2024 (29 days). It remains to be seen if the value of 1 DRIFT/SGD will exceed the current all-time high.
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What is the price trend of Drift Protocol in SGD?
- Over the last 24 hours, the price of Drift Protocol (DRIFT) has gone down by -7.30% against the Singapore Dollar (SGD). In fact, Drift Protocol has underperformed against the broader crypto market, which is down by -2.20%.
7-day price history of Drift Protocol (DRIFT) to SGD
The daily exchange rate of Drift Protocol (DRIFT) to SGD fluctuated between a high of S$0.695449 on Monday and a low of S$0.567017 on Friday in the last 7 days. Within the week, the price of DRIFT in SGD had the largest 24-hour price movement on Monday (4 days ago) by S$0.056729 (8.9%).
Compare the daily prices of Drift Protocol (DRIFT) in SGD and their 24-hour price movements for the week.
Compare the daily prices of Drift Protocol (DRIFT) in SGD and their 24-hour price movements for the week.
| Date | Day of the week | 1 DRIFT to SGD | 24hr Changes | Change % |
|---|---|---|---|---|
| June 14, 2024 | Friday | S$0.567017 | -S$0.04476346 | 7.3% |
| June 13, 2024 | Thursday | S$0.642114 | S$0.04840661 | 8.2% |
| June 12, 2024 | Wednesday | S$0.593707 | -S$0.051280 | 8.0% |
| June 11, 2024 | Tuesday | S$0.644988 | -S$0.050462 | 7.3% |
| June 10, 2024 | Monday | S$0.695449 | S$0.056729 | 8.9% |
| June 09, 2024 | Sunday | S$0.638720 | -S$0.00181271 | 0.3% |
| June 08, 2024 | Saturday | S$0.640533 | -S$0.056184 | 8.1% |
DRIFT / SGD Conversion Tables
The conversion rate of Drift Protocol (DRIFT) to SGD is S$0.5670 for every 1 DRIFT. This means you can exchange 5 DRIFT for S$2.84 or S$50.00 for 88.18 DRIFT, excluding fees. Refer to our conversion tables for popular DRIFT trading amounts in their corresponding SGD prices and vice versa.
Convert Drift Protocol (DRIFT) to SGD
| DRIFT | SGD |
|---|---|
| 0.01 DRIFT | 0.00567017 SGD |
| 0.1 DRIFT | 0.056702 SGD |
| 1 DRIFT | 0.567017 SGD |
| 2 DRIFT | 1.13 SGD |
| 5 DRIFT | 2.84 SGD |
| 10 DRIFT | 5.67 SGD |
| 20 DRIFT | 11.34 SGD |
| 50 DRIFT | 28.35 SGD |
| 100 DRIFT | 56.70 SGD |
| 1000 DRIFT | 567.02 SGD |
Convert Singapore Dollar (SGD) to DRIFT
| SGD | DRIFT |
|---|---|
| 0.01 SGD | 0.01763616 DRIFT |
| 0.1 SGD | 0.176362 DRIFT |
| 1 SGD | 1.76 DRIFT |
| 2 SGD | 3.53 DRIFT |
| 5 SGD | 8.82 DRIFT |
| 10 SGD | 17.64 DRIFT |
| 20 SGD | 35.27 DRIFT |
| 50 SGD | 88.18 DRIFT |
| 100 SGD | 176.36 DRIFT |
| 1000 SGD | 1763.62 DRIFT |
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