Solana DEX Drift Protocol Reportedly Hacked, Token Drops Nearly 20%
BeInCrypto
The DRIFT token plummeted nearly 20% following reports of a potential exploit on the Solana-based decentralized exchange Drift Protocol.Summary
The Solana-based decentralized exchange Drift Protocol is facing reports of a potential hack, causing its native DRIFT token to drop by nearly 20%. The alarm was raised by Mert Mumtaz, CEO of Helius, who warned of a high likelihood of a significant exploit. While some initially dismissed the reports as an April Fool's joke, the market reacted with a sharp sell-off, driving the token price down to approximately $0.058. The situation remains a developing story as the community awaits official confirmation.
(Source：BeInCrypto)