Drift Protocol
Tracked across 2 events · 15 articles · First seen Apr 01, 2026 · Last active Apr 17, 2026
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Business
Drift Protocol suffered a major exploit on April 1, losing between $270 million and $285 million. It has since secured a recovery package of nearly $150 million, led by Tether, and plans to relaunch with enhanced security and USDT settlements.
Apr 16, 2026 · 8 articles
Business
Drift Protocol experienced a significant exploit involving unauthorized transfer of digital assets, leading to a severe negative impact on its reputation and potentially its operations.
Apr 01, 2026 · 7 articles
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Drift Protocol suffered exploitDrift Protocol Secures...
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Drift Protocol announced recovery plan and relaunchDrift Protocol Secures...
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Tether (cryptocurrency) committed recovery funds Drift ProtocolDrift Protocol Secures...
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North Korea infiltrated and exploited protocol Drift ProtocolDrift Protocol Secures...
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Drift Protocol shifted settlement to Tether (cryptocurrency) Tether (cryptocurrency)Drift Protocol Secures...
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Drift Protocol will issue new transferable recovery tokenDrift Protocol Secures...
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Circle declined to freeze stolen USDC (cryptocurrency) Drift ProtocolDrift Protocol Secures...
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Drift Protocol will undergo independent security auditsDrift Protocol Secures...
Asymmetric Research
auditor for
↔
Drift Protocol
Asymmetric Research will conduct independent security audits for Drift Protocol.
OtterSec
auditor for
↔
Drift Protocol
OtterSec will conduct independent security audits for Drift Protocol.
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