Update: Summary of the DriftProtocol Exploit thus far from oshield_io

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980K SOL out the door and the exploit vector is still unconfirmed — that gap between "smart contract bug" and "compromised keys" matters enormously for whether other Solana perps protocols need to panic-audit right now. Attacker routing through Jupiter into USDC then bridging to ETH is textbook wash-and-bridge, but Circle got flagged early — the question is how much was already swapped before the freeze hammer drops. DRIFT was already down 98% from ATH before this hit, so the token sliding from $0.072 to $0.055 is almost a rounding error on the broader bleed — the real damage is to Solana DeFi's TVL confidence heading into Q2.

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Update: Summary of the DriftProtocol Exploit thus far from oshield_io

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Update: Summary of the DriftProtocol Exploit thus far from oshield_io

More on Exploit

Ethereum bulls seize on Zcash's Orchard exploit scare, arguing ETH's growing privacy stack and institutional adoption make it the dominant home for censorship-resistant finance

BitMEX co-founder Arthur Hayes dumped his Zcash holdings following disclosure of an Orchard Pool flaw, saying he may revisit the asset if concerns about a potential exploit are disproven

Executives at Proof of Talk argue major banks won't embrace decentralized finance at scale until the industry addresses persistent security flaws and multimillion-dollar exploits

Radiant Capital is winding down operations nearly two years after its October 2024 exploit, citing failed recovery efforts, lack of fresh capital and an unsustainable operating runway

Gnosis co-founder Martin Koppelmann says it will fully reimburse users after an exploit targeting Gnosis Pay’s Zodiac delay module allowed attackers to initiate transactions from affected wallets

AROS loses $295.3K in BNB Chain exploit as TenArmor links attack transaction

Ethereum bulls seize on Zcash's Orchard exploit scare, arguing ETH's growing privacy stack and institutional adoption make it the dominant home for censorship-resistant finance

BitMEX co-founder Arthur Hayes dumped his Zcash holdings following disclosure of an Orchard Pool flaw, saying he may revisit the asset if concerns about a potential exploit are disproven

Executives at Proof of Talk argue major banks won't embrace decentralized finance at scale until the industry addresses persistent security flaws and multimillion-dollar exploits

Radiant Capital is winding down operations nearly two years after its October 2024 exploit, citing failed recovery efforts, lack of fresh capital and an unsustainable operating runway

Gnosis co-founder Martin Koppelmann says it will fully reimburse users after an exploit targeting Gnosis Pay’s Zodiac delay module allowed attackers to initiate transactions from affected wallets

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