<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/nport" xmlns:com="http://www.sec.gov/edgar/common" xmlns:ncom="http://www.sec.gov/edgar/nportcommon" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
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    <submissionType>NPORT-P</submissionType>
    <isConfidential>false</isConfidential>
    <filerInfo>

      <filer>
        <issuerCredentials>
          <cik>0001464413</cik>
          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
      </filer>


      <seriesClassInfo>
        <seriesId>S000038304</seriesId>
        <classId>C000118207</classId>
        <classId>C000118208</classId>
        <classId>C000200108</classId>
      </seriesClassInfo>


    </filerInfo>
  </headerData>
  <formData>
    <genInfo>
      <regName>Starboard Investment Trust</regName>
      <regFileNumber>811-22298</regFileNumber>
      <regCik>0001464413</regCik>
      <regLei>549300IGQEISLESO0528</regLei>
      <regStreet1>116 South Franklin Street</regStreet1>
      <regCity>Rocky Mount</regCity>
      <regStateConditional regCountry="US" regState="US-NC"/>
      <regZipOrPostalCode>27804</regZipOrPostalCode>
      <regPhone>252-972-9922</regPhone>
      <seriesName>Adaptive Growth Opportunities Fund</seriesName>
      <seriesId>S000038304</seriesId>
      <seriesLei>549300QCDPXFHXGXB683</seriesLei>
      <repPdEnd>2021-05-31</repPdEnd>
      <repPdDate>2020-08-31</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
    <fundInfo>
      <totAssets>77938371.41</totAssets>
      <totLiabs>63782.58</totLiabs>
      <netAssets>77874588.83</netAssets>
      <assetsAttrMiscSec>0</assetsAttrMiscSec>
      <assetsInvested>0</assetsInvested>
      <amtPayOneYrBanksBorr>0</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0</amtPayOneYrCtrldComp>
      <amtPayOneYrOthAffil>0</amtPayOneYrOthAffil>
      <amtPayOneYrOther>0</amtPayOneYrOther>
      <amtPayAftOneYrBanksBorr>0</amtPayAftOneYrBanksBorr>
      <amtPayAftOneYrCtrldComp>0</amtPayAftOneYrCtrldComp>
      <amtPayAftOneYrOthAffil>0</amtPayAftOneYrOthAffil>
      <amtPayAftOneYrOther>0</amtPayAftOneYrOther>
      <delayDeliv>0</delayDeliv>
      <standByCommit>0</standByCommit>
      <liquidPref>0</liquidPref>
      <cshNotRptdInCorD>0</cshNotRptdInCorD>
      <curMetrics>
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          <intrstRtRiskdv100 period10Yr="0.49" period1Yr="0.19" period30Yr="0.01" period3Mon="0.06" period5Yr="1.21"/>
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      </curMetrics>
      <creditSprdRiskInvstGrade period10Yr="0" period1Yr="81.75" period30Yr="0" period3Mon="71.24" period5Yr="464.12"/>
      <creditSprdRiskNonInvstGrade period10Yr="6293.7" period1Yr="828.66" period30Yr="183.94" period3Mon="139.22" period5Yr="9158.55"/>
      <borrowers>
        <borrower aggrVal="0" lei="N/A" name="N/A"/>
      </borrowers>
      <isNonCashCollateral>N</isNonCashCollateral>
      <returnInfo>
        <monthlyTotReturns>
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        </monthlyTotReturns>
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            <mon2 netRealizedGain="0" netUnrealizedAppr="0"/>
            <mon3 netRealizedGain="0" netUnrealizedAppr="0"/>
            <optionCategory>
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        <othMon2 netRealizedGain="0" netUnrealizedAppr="5182012.7"/>
        <othMon3 netRealizedGain="548393.17" netUnrealizedAppr="4789697.94"/>
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      <mon2Flow redemption="-4296668.94" reinvestment="0" sales="4531887.89"/>
      <mon3Flow redemption="-3931110.89" reinvestment="0" sales="5413762.36"/>


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        <invCountry>US</invCountry>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>iShares U.S. Medical</name>
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      </invstOrSec>
      <invstOrSec>
        <name>ETFMG PRIME</name>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>FIRST TRUST CLOUD</name>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>VanEck Vectors Semic</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>iShares PHLX Semicon</name>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>SPDR S&amp;P 500 ETF Tru</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Communication Servic</name>
        <lei>549300RPODKQJE2HDW24</lei>
        <title>ETF</title>
        <cusip>81369Y852</cusip>
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          <isin value="US81369Y8527"/>
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        <balance>170786</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10803922.36</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Technology Select Se</name>
        <lei>549300BR5T0JNM2MW070</lei>
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        <cusip>81369Y803</cusip>
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          <isin value="US81369Y8030"/>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fidelity Investments</name>
        <lei>6X064LF7Y6B4DKF2GZ26</lei>
        <title>MONEYMKT</title>
        <cusip>316175108</cusip>
        <identifiers>
          <other otherDesc="Ticker" value="FIGXX"/>
        </identifiers>
        <balance>1465921.7</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1465921.66</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerConditional desc="Money Market" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2020-10-27</ncom:dateSigned>
      <ncom:nameOfApplicant>Starboard Investment Trust</ncom:nameOfApplicant>
      <ncom:signature>Ashley Lanham</ncom:signature>
      <ncom:signerName>Ashley Lanham</ncom:signerName>
      <ncom:title>Principle Accounting Officer/Principle Financial Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
