Convert Drift Protocol DRIFT to Wrapped Bitcoin WBTC
DRIFT to WBTC: 1 Drift Protocol converts to 0.00000366 WBTC as of July 7 at 5:34 AM
About DRIFT and WBTC
Drift Protocol is falling, while Wrapped Bitcoin is climbing this week. The current DRIFT to WBTC conversion rate is 0.00000366. Inversely, this means that if you convert 1 WBTC you will get 273,414.46 DRIFT. The conversion rate of DRIFT/WBTC has increased by 0.47% in the last hour (WBTC/DRIFT decreased by 0.47%). In the last 24 hours, DRIFT/WBTC shrunk by 4.89%, while WBTC/DRIFT grew by the same amount.
The exchange rate of Drift Protocol is decreasing. The current value of 1 DRIFT is 0.00000366 WBTC. In other words, to buy 5 Drift Protocol, it would cost you 0.00001829 WBTC. Inversely, 1 WBTC would allow you to trade for 273,414.46 DRIFT while 50 WBTC would convert to 13,670,723.08 DRIFT, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 4.86%. Meanwhile, in the last 24 hours, the rate has changed by 4.82%, and that the highest exchange rate of 1 DRIFT to WBTC was 0.00000383 WBTC and the lowest 24 hour value was 1 DRIFT for 0.00000360 WBTC. Last month, 1 DRIFT was worth 0.00000461 WBTC. Today, it's down 26.07%. Looking back a year, Drift Protocol has changed by 0.00000854 WBTC. That means that in a single year, the value of Drift Protocol has shrank by 133.52%.
Drift Protocol Market Stats
Drift Protocol is a decentralized exchange built on Solana. Drift Protocol supports token swaps, spot margin trading, and perpetual futures trading. DRIFT is the governance token of the Drift DAO. Token holders can vote on governance proposals related to protocol development. Proposals may involve determining protocol fees, setting technical parameters, and treasury management.
Wrapped Bitcoin Market Stats
Wrapped Bitcoin (WBTC) is an Ethereum token that is intended to represent Bitcoin (BTC) on the Ethereum blockchain. It is not Bitcoin, but rather a separate ERC-20 token that’s designed to track Bitcoin’s value. WBTC was created to allow Bitcoin holders to participate in decentralized finance (“DeFi”) apps that are popular on Ethereum. Through a WBTC partner, 1 Bitcoin can be exchanged for 1 Wrapped Bitcoin, and vice-versa. The BTC that backs WBTC is verifiable through a “proof of reserve” system that verifies the 1:1 backing between minted WBTC tokens and Bitcoin stored by custodians. WBTC is maintained by a group called the WBTC DAO that consists of over 30 members. It was originally started by BitGo, Ren, and Kyber.
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Conversion tables
DRIFT to WBTC values from Today at 5:34 am
0.5 DRIFT = 0.00000183 WBTC |
1 DRIFT = 0.00000366 WBTC |
5 DRIFT = 0.000018 WBTC |
10 DRIFT = 0.000037 WBTC |
50 DRIFT = 0.000183 WBTC |
100 DRIFT = 0.000366 WBTC |
500 DRIFT = 0.0018 WBTC |
1,000 DRIFT = 0.0037 WBTC |
WBTC to DRIFT values from Today at 5:34 am
0.5 WBTC = 136,707.23 DRIFT |
1 WBTC = 273,414.46 DRIFT |
5 WBTC = 1,367,072.31 DRIFT |
10 WBTC = 2,734,144.62 DRIFT |
50 WBTC = 13,670,723.08 DRIFT |
100 WBTC = 27,341,446.17 DRIFT |
500 WBTC = 136,707,230.83 DRIFT |
1,000 WBTC = 273,414,461.67 DRIFT |
DRIFT to WBTC over time
DRIFT | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 DRIFT | 0.00000183 WBTC | 0.00000192 WBTC | 0.00000231 WBTC | 0.00000427 WBTC |
1 DRIFT | 0.00000366 WBTC | 0.00000383 WBTC | 0.00000461 WBTC | 0.00000854 WBTC |
5 DRIFT | 0.000018 WBTC | 0.000019 WBTC | 0.000023 WBTC | 0.000043 WBTC |
10 DRIFT | 0.000037 WBTC | 0.000038 WBTC | 0.000046 WBTC | 0.000085 WBTC |
50 DRIFT | 0.000183 WBTC | 0.000192 WBTC | 0.000231 WBTC | 0.000427 WBTC |
100 DRIFT | 0.000366 WBTC | 0.000383 WBTC | 0.000461 WBTC | 0.000854 WBTC |
500 DRIFT | 0.0018 WBTC | 0.0019 WBTC | 0.0023 WBTC | 0.0043 WBTC |
1,000 DRIFT | 0.0037 WBTC | 0.0038 WBTC | 0.0046 WBTC | 0.0085 WBTC |
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Frequently asked questions
How much is 1 Drift Protocol in USD?
Right now, 1 Drift Protocol is worth about $0.40.
How much DRIFT could I buy for 1 USD?
Based on the current rate, you could get 2.51 DRIFT for 1 USD.
How much has the price of Drift Protocol changed?
Drift Protocol price has been declining. Since yesterday, the exchange rate of Drift Protocol has decreased. Since last month, the exchange rate of Drift Protocol has decreased. Since this time last year, the price of Drift Protocol has decreased.
How do I calculate or convert DRIFT to USD?
You can use our DRIFT to USD calculator at the top of this page to convert any amount of DRIFT to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 12.53 DRIFT. Inversely, 5 DRIFT will cost about $2.00
How can I buy 1 Drift Protocol on Coinbase?
Drift Protocol is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Drift Protocol.
What are assets similar to Drift Protocol that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Drift Protocol, including Humanity Protocol, Freysa, and Chia. For a more robust list of assets to explore, jump to the asset page dedicated to Drift Protocol.
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