Drift Protocol on Solana lost over $285 million in a targeted exploit, wiping more than half of its TVL. The attacker bridged 129,000 ETH to Ethereum, and DRIFT token plunged 42% to $0.041. The protocol suspended all deposits and withdrawals while investigating.

Drift Protocol on Solana lost over $285 million in a sophisticated attack. The hacker bridged 129,000 ETH to Ethereum. DRIFT token plunged 42% to $0.041. Deposits and withdrawals suspended.

Drift Protocol on Solana was exploited for over $285M, draining more than 50% of TVL. The attacker bridged $270M to Ethereum via CCTP after weeks of planning. DRIFT token crashed 42% to $0.041. Deposits and withdrawals suspended.