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Solana-based Drift Protocol investigates possible $270m exploit
Yahoo Finance· 2026-04-02 02:57
Trading platform Drift Protocol said Wednesday that it was investigating “unusual activity” and advised users not to deposit funds into the protocol following news of a potential $270 million exploit. The Solana-based perpetual futures exchange’s native token, DRIFT, dropped sharply on the news. CoinGecko data shows it was trading hands for a little over $0.05 after dropping 11% over a 24-hour period. “This is not an April Fools joke,” Solana-based app’s team wrote via its official X account. “Proceed w ...