JLP

Solana
2026-07-08 14:10:13

Solana DeFi Protocol Carrot Shuts Down After Drift Hack Drains $8M in TVL

Carrot, a Solana-based DeFi yield protocol, announced its shutdown on April 30, 2026, after the April 1 Drift Protocol exploit caused over $8 million in direct losses. Users have until May 14 to withdraw funds from Boost, Turbo, and CRT products before forced deleveraging begins.

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Solana DeFi Protocol Carrot Shuts Down After Drift Hack Drains $8M in TVL
2026-07-05 23:59:11

Drift Protocol Suffers Record $270M Hack, Solana Largest DEX Crippled

Drift Protocol, a top Solana DEX, suffered a sustained attack on April 1, losing over $270M in assets. TVL dropped by 50%, DRIFT token fell 10%. Hackers gained admin access and transferred funds across chains. This is the largest Web3 hack of the cycle, exposing missing audits and governance flaws.

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Drift Protocol Suffers Record $270M Hack, Solana Largest DEX Crippled