Drift Protocol has confirmed that a major attack on its Solana based perpetuals DEX is real.
In response, deposits and withdrawals have been temporarily paused while the team works with security experts to contain the issue.
The impact was immediate, with the DRIFT token dropping over 26% in just 24 hours, now trading around $0.05.
This incident has shaken confidence across Solana’s DeFi space, reminding users of the risks still present in decentralized platforms.
For now, caution is key as the situation develops.
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