Drift Protocol Experiences Significant Asset Outflow

More than $270 million in assets were transferred from Drift Protocol's main vault within minutes, reducing the address balance from $309 million to $41 million. According to NS3.AI, Arkham-labeled onchain data revealed that over 15 types of tokens were moved from the Solana-based perpetuals exchange's vault. DefiLlama reported Drift's total value locked (TVL) at approximately $550 million when these transfers were identified. As of the time of writing, Drift had not released a public statement, and security researchers had yet to confirm any exploit.