what's Circuit Trading?
Circuit Trading is a decentralized market maker on Solana, offering non-custodial vaults that enable users to access institutional-grade trading strategies such as delta-neutral market making on perpetual futures via Drift Protocol. Through Drift's delegate function, depositors retain full control of funds while Circuit executes automated strategies like the Supercharger Vault, which provides liquidity on Drift perps to earn yields from trading fees and funding rates. Backed by experienced traders with 30+ years in TradFi and crypto, Circuit prioritizes user safety with reimbursements in past incidents and focuses on scalable DeFi liquidity provision.
Circuit Trading vault affected by $270M-$285M Drift Protocol exploit; deposits halted.
Circuit Trading vault was affected by the Drift Protocol exploit on April 1, 2026, which drained $270M-$285M from the protocol through compromised multisig keys and disabled circuit breakers, with deposits and withdrawals currently halted.