Exploiter moved $14.8K SOL to new wallets following a previous exploit, according to Arkham data.

NK Monahan and AllenXBT worked for Drift Protocol.

Has a monthly budget allocation of over $580,000 for infrastructure and $100,000 for security.

Suffered an exploit that impacted approximately $392,000 of TVL from xplaceapp, including $113,000 of team capital.

FTX/Alameda sold 6.94 million DRIFT tokens ($320,000) through Wintermute on April 3rd, 2026.

Lost funds in exploit, with attackers depositing $1M capital and estimated cost basis under $3M.

Underwent exploit and October 10th loss socialization without ADL queue prioritization. Solana co-founder Anatoly Yakovenko drew inspiration for Percolator, suggested rebuilding protocol with small core engineering team and airdropping to impacted users.

Exploited for $285M by suspected DPRK actors via social engineering, compromising privileged Security Council access with a fake collateral token, referenced alongside Resolve #USR incident.

Holds over $500 million in user funds.

Exploited on April 1, 2026, with 477K USDY (worth $537K) stolen and frozen by Ondo Finance.

Solana Foundation launched STRIDE and SIRN following an admin keys hack that froze 59 WBTC in Wormhole, providing funded formal verification and continuous monitoring for Solana DeFi protocols with over $100M TVL.

Experienced a 97.5% decline from all-time high price before an exploit occurred.

Exploited, attacker undetected for 21 days, user fund losses potentially unrecoverable.

Exploited, prompting USDT to pause legacy mesh infrastructure for Solana within 90 minutes and generating security recommendations for air gap systems.

Hacked for $24,000 after developer machines (everyday computers, not dedicated signing) compromised with malware via malicious code repositories, fake TestFlight apps, and VSCode/Cursor vulnerabilities, used for multisig operations to present malicious payloads to hardware wallets.

Held 15% of its total value locked (TVL) on the protocol.

Lost $100M SOL and 232M USDC, bridged to Ethereum via Circle's CCTP. Circle declined to freeze USDC without legal orders; investigated by US law firm Gibbs Mura.

Exploited by DPRK-linked actors for $200M via admin key takeover (protocol ownership compromise). Used arbitrary mint functionality with $785M fake collateral asset CVT to manipulate oracle and market feed, resembling Mango DAO attack.

Exploited via 2/5 multisig and no timelock, causing socializing losses, user liquidations, and haircuts across P0, Carrot, TradeNeutral. Paused operations; victims eligible for temporary refunds. Recovery details to follow after interim update.

Exploited for $285M (92.5% of TVL) on April 1st, 2026, by North Korean state-sponsored UNC4736 actors via social engineering, with funds converted to USDC via Circle's Cross-Chain Transfer Protocol. Circle CEO defended not freezing linked USDC, citing lack of legal authority and property rights concerns.

Stole approximately $150 million in JLP deposits from vaults.

Experienced a withdrawal of 5 million USDC from a vault.

Exploiter exfiltrated over $200,000 USDC/USDT from the protocol in a hack, depositing funds into Binance and Backpack, moving to Hyperliquid, and swapping via Phantom wallet.

Reached $200M in total value locked or deposited funds on the platform.

Kyle Salami left Multicoin, which led Drift Protocol's funding round.

Suffered exploit of $286M and 105,969 ETH on April 2, 2026 on Solana by North Korean hackers.

Exploited on March 25, 2026, with attacker accumulating 38,800 ETH valued at $82.7 million.

Has $2.32M in perpetual token emissions scheduled over the next 30 days (from March 23, 2026 to April 22, 2026), representing 4.36% of circulating supply.

Hosts a workshop on building strategies using Drift (perps, spot, borrow-lend, cross-venue) for the Build-A-Bear Hackathon on 2026-03-16 at 3-4pm UTC.

Suspended DRIFT-PERP perpetual futures contract trading on Coinbase Advanced and Coinbase International Exchange, with remaining open positions settled at $0.091 USDC.

Integrated with Asgard CBPs to provide spot margin trading through native borrow-lend infrastructure on Solana.

Featured in Solana Foundation's curated list of AI skills and tools for Solana development as "drift skill".

Included in Lightspeed coverage program by Solana Foundation and Blockworks, which publishes quarterly institutional-grade investor updates for funds with over $50 million in assets or large SOL holders.

Drift Protocol's liquidity model makes it difficult for market-makers to perform cross-exchange arbitrage and exposes them to toxic order flow.

Plans equity perpetuals launch on Solana.

Generated $1.04 million in 30-day revenue.

Processed $12.3M in liquidations over 24 hours and $15M total over 48 hours with no socialized loss. Processed $12.1M in liquidations and risk managed 3027 users through partial liquidation on 2026-02-04.

Added PAXG-PERP (gold-backed perpetual futures) with up to 10x leverage.

Integrated with macbrennan_cc platform on January 28, 2026, enabling users to borrow against their portfolio across multiple Solana DeFi venues.

Ranger Finance plans to integrate Drift Protocol as a liquidity source for its perpetuals aggregation product on Solana.

Will participate in Consensus 2026 conference in Hong Kong with an exclusive happy hour event co-hosted with dwfoptions for traders, founders, and builders in onchain derivatives.

Drift Protocol is listed as an attending team at mtndao v9, scheduled for 2026-01-31.

Launched auto-signing feature on Solana enabling one-click trading actions without signature pop-ups, using Program-Derived Addresses (PDAs) and headless signing technology.

Completed an airdrop (referred to as "Drift S3") in 2025.

Maple's syrupUSDC is adopted as yield-bearing perps collateral on the platform, offering mid-single-digit to high-single-digit % APY on margin.

Encifher integration enables users to trade on Drift with compliant privacy features.

A prominent trader known as "White Whale" switches from Hyperliquid to Drift Protocol as their primary trading venue in 2025.

Project 0 integrated Drift, JupLend, and Kamino into its prime engine, covering 98% of Solana lending TVL across 8 isolated markets.

Presents at Solana Breakpoint conference December 12, reaching approximately 60% of Solana's perpetuals trading volume at peak activity.

Operates with gasless trading, supports 47 assets as collateral across 52 pairs. Mobile app launching Q1 2026. Is an AMM-based perpetual DEX on Solana, open-source, and decentralized.

v3 becomes available on the Solana dApp Store with Seekers access code D0IS5E4C for user onboarding.

V3 delivers 85% of market orders filled within same slot (0.4 seconds), 15x faster TP/SL triggers (reduced to 0.4 seconds), and slippage reduced from 20bps to 2bps. Mobile app beta releases January 2026 and DLP launches Q1 2026 with users earning yield from market making similar to HLP/JLP.

Protocol has accumulated $42m in revenue. The BAM plugin being built enforces cancel-before-take order priority for maker protection.

UnifaiNetwork ($UAI), an AI trading agent platform, is now live on Drift Protocol, enabling users to build trading agents via natural language on the platform.

v3 introduces Drift Liquidity Provider (DLP) with pooled liquidity for both Perps and Spot markets, expands Market Maker Program, and announces upcoming Jito BAM plugin integration for maker protection.

v3 launches with gasless trading feature and support for LSTs (Liquid Staking Tokens).

V3 has launched with 10x faster trades according to CoinDesk.

A keynote presentation with multiple announcements about Drift v3 is scheduled for December 12, 2025 at 12:40 PM at Solana Breakpoint conference on the Absolute Cinema Stage.

v3 is 90% complete as shown in a development progress update.

The v3 Townhall offers payment rewards to attendees for participating in the event.

Drift v3 and the roadmap will be unveiled in an AMA on December 3rd.

Drift V3 Unveil Call is scheduled for December 2nd.

Drift wallets are now supported on Infinex Craterun, enabling users to import their perpetual trading wallets and earn bonus crates until December 31st.

$MON, $MET and $ZEC are now tradeable with up to 5x leverage on the platform.

Cushion vault manager integrates with Drift's infrastructure to deploy yield generation strategies onchain, expanding Drift's ecosystem usage among institutional vault managers.

dSOL ranks 8th in top DeFi yields at 6.60% with over $200M in TVL.

Exploited on November 27, 2025, transferring ~$36.8M Solana assets via a KYC'd wallet. Suspended deposits and withdrawals; Upbit and Bithumb suspended DRIFT wallet, external services disabled Solana chain integrations. Users not fully compensated.

V3 roadmap unveiling scheduled for December 2, 2025 at 10 AM EST via livestream on X, focusing on enhanced perpetual trading performance on Solana.

$CASH borrowing and lending program offers up to $25K monthly rewards for lenders and $12.5K for borrowers. Alpenglow release upcoming, positioned to compete with Hyperliquid.

Bitso Onchain builds an upcoming perp aggregator that routes orders to Drift and farms Drift points simultaneously alongside other DEXs, with zero gas fees covered by Bitso.

Launches $MON perpetuals with 5x leverage for trading Monad on Solana.

Drift will list $MON token by Monad on Day 1, enabling trading of Monad on Solana from launch.

$CASH integration launches live with borrowing and lending incentives, enabling use as trading collateral. (ID: 1991964920129458246)

Ranks 5th in Santiment's monthly Solana ecosystem development activity, declining since previous month. dSOL provides liquid staking yields on SOL exposure and functions as collateral for perpetual trading.

$CASH by Phantom will be integrated to earn lending yield while serving as trading collateral. (ID: 1991186982475821468)

USDC+ from Reflect Money currently functions as a wrapper for Drift lend, and CRT includes Drift lend among its low-risk deployment venues alongside Kamino and Jup lend.

Perpetual trading volume share collapses from 36.6% in early August to below 14% by mid-November as Pacifica captures 54% market share, though open interest leads at $516M and TVL remains stable.

Opens recruitment for 10 new Ambassador positions with rolling acceptances beginning February 20, 2026.

White Whale's promotion is characterized as "shilling" and grouped with endorsements of failed or problematic projects, with the implication that followers face losses. The tweet positions Hyperliquid as the alternative that survives while Drift endorsers fail.

Drift V1 experienced insolvency during the May 2022 Luna collapse, resulting in approximately $20M in trader losses and 60% of TVL exiting within the first 12 hours after the protocol force-settled all markets.

Prominent trader TheWhiteWhale selects Drift as his platform of choice over competing alternatives, with the team emphasizing he is known for maintaining independence and not accepting payment for endorsements.

Solana Foundation, Multicoin, and Jito attempted to promote Drift as a dominant player in the ecosystem ("kingmake"). This is referenced in context of competitive dynamics with Hyperliquid and Ethereum-based alternatives.

A trader who lost $50M on October 10th is accused of coordinated price manipulation through posts and long positions to artificially pump the token.

V3 version referenced as coming soon with additional unspecified features.

Platform processes $465M in average daily perpetual trading volume, positioned as the second-largest perp DEX on Solana behind Jupiter Exchange and ahead of Pacifica.

Titan integration now powers swaps on the platform, with rewards announced for early users.

Revenues increased 40% month-over-month while the token declined 55% month-over-month.

Protocol-owned liquidity exceeds $40m with annualized earnings over $40m on 4x year-over-year volume growth, trading at approximately $197m fully diluted valuation.

Protocol processed $14.6M in liquidations in the last 24 hours and $24.8M over 48 hours with zero socialized loss, up from $10M reported previously. Currently pays 38% APY on SOL deposits.

Protocol processed over $10M in liquidations in the last 24 hours with zero socialized loss and zero downtime.

Revenue grew 119% quarter-over-quarter to $8.1m, with the project trading at less than 6x revenue multiple.

Monthly revenue reaches 12-month high while token trades at 52-week low.

ZEC perpetuals are now available for trading on the platform alongside Flash.

Protocol researches Perps integration with Isolated Pools to enable cross collateral equity perps without introducing risks to the main perps pool.

Token unlock of $97M scheduled for November 14.

Platform releases new Trade Form enabling users to select maximum initial leverage for margin management, with Isolated Positions as the next planned feature.

NASDAQ-listed company DeFi Dev Corp leverages the protocol for basis trade strategies using Gauntlet's risk models. Technical webinar with Solana, DFDV, and Gauntlet representatives scheduled for November 3.

The protocol is hiring for a communications role, specifically targeting team members from Blockworks.

The protocol seeks a new security auditor willing to accept DRIFT tokens as payment with variable compensation based on vulnerability severity discovered.

Three new tokens ($MET, $ZEC, $2Z) are now available for leveraged trading up to 5x on the platform.