A legendary hack broke out on Solana while I was sleeping. Drift was hacked on a scale exceeding 300 billion, including major assets like Bitcoin and stablecoins. Since the scale is larger than Drift's diluted market capitalization, unless it is a white hat, it seems there is almost no chance of recovery. It seems like accidents like this always happen in DeFi during market crashes after TGEs. If you are going to play in a bear market, it might be better to just quietly accumulate holdings on exchanges.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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