Drift was hacked for approximately $250 million to $285 million, making it the largest DeFi hack in Solana DeFi history, directly cutting Drift's own TVL from around $550 million in half. This incident has caused concerns about other DeFi projects on Solana DeFi, with worries about similar governance vulnerabilities and potential short-term fund withdrawals. The $SOL price dipped slightly, but the reaction was not too intense, mainly because the $DRIFT token dropped over 30% directly.

DRIFT1,47%
SOL-3,26%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin