Uniswap founder comments on Drift attack incident: We must stop allowing centralized projects to claim they are DeFi.

CycleProphet · 2026-04-02T05:36:45+00:00

Uniswap founder Hayden Adams commented on the Drift Protocol attack incident on the X platform, emphasizing that centralized projects should not claim to be DeFi, and pointing out that if admin keys can drain funds, it falls under CeFi. Chaos Labs founder Omer Goldberg also analyzed the security vulnerabilities of the Drift protocol.

CycleProphet

2026-04-02 05:36:45

Abstract generation in progress

Deep Tide TechFlow message, April 02, Uniswap founder Hayden Adams (@haydenzadams) commented on X about an attack on the Drift Protocol, saying that it is necessary to stop allowing centralized projects to call themselves DeFi. He pointed out that if an admin key can drain all funds, then fundamentally it is CeFi (centralized finance); otherwise, the DeFi brand is meaningless. He also emphasized that no version of Uniswap has an admin key that could drain funds.

Earlier, Chaos Labs founder Omer Goldberg (@omeragoldberg) analyzed and said that the Drift protocol’s signing key pair has complete control over market creation, oracle allocation, and withdrawal limits, and that there is no time lock, multisig, or delay mechanism. The attacker stole funds in just 10 seconds.

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