Wallet FAQs

Do I need SOL in my wallet?

Yes, all interactions with the platform will require a small amount of SOL for the gas fees on the blockchain.

Does it cost money to create an account?

Yes. The Solana blockchain requires a small amount of SOL to store the state of your positions on Drift. This costs 0.035 SOL. This is called Rent. This fee is only paid on the creation of a new account and each subaccount.

Note: To trade on Drift, you'll eventually need more than 0.035 SOL to facilitate and approve transactions.

Will I get my rent back?

Yes. If at any time you decide to close your account you will get the rent back for that associated account.