# drift

571.85K

#DriftProtocolHacked 🚨
April 1, 2026 — One of the largest DeFi exploits of the year has just unfolded.
Drift Protocol, a Solana‑based decentralized derivatives platform known for perpetual futures and leveraged trading, suffered a highly sophisticated governance exploit that drained roughly $280M–$285M — making it one of the biggest hacks of 2026 so far.
This was not an ordinary vulnerability. This attack exploited governance and human‑layer weaknesses, not just smart contracts.
🧠 What Drift Protocol Was
Before the exploit, Drift had: • ~$550M in total value locked (TVL)
• Deep liquidity acr

DRIFT5.08%

SOL1.71%

WBTC-0.06%

6 Likes

Reward
6
10
Repost
Share

ShainingMoon

To The Moon 🌕

Cryptology_7

15h ago

🚨 Drift Protocol Hacked:
~$285M drained in one of 2026's biggest DeFi exploits on Solana. ⚡
Attackers hit admin controls, rapidly drained liquidity from vaults (SOL, USDC, BTC perps & more). Deposits/withdrawals suspended.
Compromised keys + coordinated attack suspected. DeFi key management risks exposed again.
Stay safe out there. 💚
$BTC ‌$SOL ‌#drift #DEFİ #Solana⁩ #DriftProtocol

BTC-0.01%

SOL1.74%

1 Likes

Reward
1
Comment
Repost
Share

Clenus

04-02 03:04

It's over, everything is over. Solana ecosystem DeFi protocol Drift was hit by a major hack in the early morning hours, with approximately $280 million worth of cryptocurrency transferred.
The hacker even moved some assets to the Ethereum network and bought ETH, with the most stolen assets being $150 million in JLP and $60.4 million in USDC.
Additionally, a detail is that the co-founder of the project was featured on Forbes U30 last year (known in the industry as the Anti-List).
As a result, the platform's own governance token hit a new low. #Drift

ETH-0.18%

View Original

2 Likes

Reward
2
Comment
Repost
Share

FlyingFish

14h ago

#DRIFT feels sinister; I sense it's a carefully orchestrated scheme to harvest.

View Original

1 Likes

Reward
1
Comment
Repost
Share

16h ago

🏴‍☠️ #DRIFT The consequences of the Drift incident continue to expand: the number of affected protocols has increased from 11 to 20, including PiggyBank, Perena, Vectis, Valeo, Amp Pay, Loopscale, Prime Numbers Fi, Gauntlet, and Expent. It is estimated that Prime Numbers Fi lost over $10 million. wublockchain

DRIFT5.08%

View Original

Reward
like
Comment
Repost
Share

GarikBY

04-02 08:29

#drift #usdc
The co-founder of Delphi Digital criticized Circle for not freezing the USDC associated with the Drift hack.
According to him, Circle has centralized mechanisms for blocking, but transactions with these funds were not halted.
➤ On-chain detective ZachXBT also called the company's reaction slow. According to him, within a few hours, millions of dollars were transferred from the Solana network to Ethereum via CCTP without any restrictions.
Meanwhile, just a few days ago, Circle blocked 16 hot wallets belonging to various business projects, and their unblocking is still proceeding v

SOL1.71%

ETH-0.18%

View Original

2 Likes