Solana ecosystem Drift Protocol attacked, with losses of at least $200 million

MeNews · 2026-04-02T02:21:54+00:00

The Solana-based derivatives trading platform Drift Protocol experienced a security incident, resulting in losses of approximately $200 million to $270 million. The project team has begun an investigation and warned users not to deposit funds. This attack involved multiple liquidity pools and is a major DeFi attack following the Wormhole bridge exploit in the Solana ecosystem.

MeNews

2026-04-02 02:21:54

Abstract generation in progress

ME News message, April 2 (UTC+8): Solana-based derivatives trading platform Drift Protocol experienced a security incident. On-chain data shows losses of at least about $200 million, with some estimates approaching $270 million.

The project team said it has detected abnormal activity and is investigating, advising users not to deposit funds into the protocol for now, and emphasizing that “this isn’t an April Fools’ joke.”

The attack involved multiple liquidity pools, including JLP Delta Neutral, SOL Super Staking, and BTC Super Staking, among others. A single transfer of about 41.7 million JLP tokens was valued at roughly $155 million; in addition, assets such as SOL, USDC, cbBTC, and wBTC were also withdrawn.

According to statistics, the incident may become one of the largest DeFi attacks in the Solana ecosystem since the Wormhole bridge exploit. (Source: The Block)

SOL-4.99%

BTC-2.95%

USDC-0.01%

WBTC-3.04%

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.