The Drift Foundation stated on the X platform that the DRIFT token is a component of governance and a key element in empowering the community to shape the future. The governance mechanism is gradually improving, and more information will be announced soon.

Solana-based decentralized exchange Drift Protocol is set to launch a DRIFT governance token and distribute 100 million tokens through an airdrop to its users in the coming weeks. The majority of the tokens will be given to longtime Drift users. The protocol's governance structure will transition from Drift Labs to a three-pronged structure, including a Futarchy DAO that will operate similarly to MetaDAO. Drift is investing in the development of trading bots, validator clients, and alternative frontends, with a focus on teams building frontends on their own, inspired by Solana's decentralization.