Availability today: implemented, and switched off by default
The Bitcoin Universe capability registry records both drops and op_drop as feature-gated with mode external-execution. The code exists and is wired into Core, but every marketplace action stays off unless an operator enables the gate for that deployment: dropsMarketplaceV1 for Drops, opDropTrading for OP_DROP.
The registry also records one action as unsupported for both protocols. Quoted from the registry: DROPS has no executable offer workflow on this marketplace surface.
The sell action is therefore not available, on any deployment, gate or no gate.
Drop Pacts go further. The reference indexer answers GET /drops/pacts/capabilities with mode: reference, and every execution, custody, authorization, signature, broadcast, live-Cell and value-bearing field in that response is false. Pacts records are readable; there is no Pact settlement authority. See the full capability contract.