Neutral Trade Confirms Zero Losses in Neutral Vaults Amid Drift Attack on Solana

Neutral Trade Confirms Zero Losses in Neutral Vaults Amid Drift Attack on Solana

N
News Editor 01
2026-07-10 21:52:13
Neutral Trade confirms its Neutral Strategy vaults on Solana remain secure after the Drift attack, with Drift Architecture vaults paused. The platform's risk engine prevented losses and it plans to join the STRIDE security initiative.
Neutral TradeDrift attackSolanaquantitative strategyvault security

Solana-based quantitative strategy platform Neutral Trade has confirmed that its 'Neutral Strategy' vaults remained secure and unaffected by the recent Drift attack, reporting zero losses. Despite earlier reports of a $3.67 million loss from the Drift incident, Neutral Trade's risk engine successfully detected anomalies and preemptively withdrew funds, safeguarding user assets.

Vault Classification and Response

According to the official statement, Neutral Trade operates two types of vaults: 'Neutral Strategy' and 'Drift Architecture.' The Drift Architecture vaults, which are closely integrated with the Drift protocol, have been paused and removed from the homepage. In contrast, the Neutral Strategy vaults continue normal operations, with the platform emphasizing that their assets remain secure.

Independent Audits and Security Enhancements

Neutral Trade noted that all its vaults have undergone independent audits by Halborn, Offside Labs, and Quantstamp, and are protected by FORDEFI security solutions. The platform is further strengthening its security measures and actively considering joining the STRIDE ecosystem security initiative supported by the Solana Foundation to enhance overall resilience.

This incident highlights the importance of layered risk management in DeFi. Neutral Trade's proactive defense mechanism successfully isolated the attack's impact, providing a benchmark for emergency response in the industry. Market data shows that the DRIFT token surged 22.28% in the 24 hours following the event, while SOL and STRD rose 0.73% and 0.71% respectively, indicating renewed investor confidence in ecosystem security.

Neutral Trade reassures users that it will maintain transparency and regularly publish security audit reports. For the paused Drift Architecture vaults, the team is evaluating restart plans to resume services with enhanced security protocols.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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