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1.
DR-unk and f-ADED at the same time; frunk.
Guy 1: (Passing joint) Take a hit of this...
Guy 2: (While sipping some alcohol) Ok...

...some time later...

Guy 2: Man, I'm so DRADED!!!
by 3M December 13, 2004
 
2.
This is a term that is used when one is trying to explain their or another's status of intoxication when they have been drinking and are faded(high) at the same time.
Little Johnny had a blast at the party on Saturday, I heard he was Draded all night.
by Mr.CIA February 21, 2009