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Exchange record

Drift Protocol

Solana-based decentralized perpetuals and trading protocol that entered a critical limited state in April 2026 after a major exploit and suspension of deposits and withdrawals.

DEXLimited
Also known as: Drift, Drift Trade

Registry sequence

Key facts

Launch date
2021-10-01
Death date
Years
2021–—
Origin
Solana ecosystem
Confidence
medium
Last verified
2026-04-25

URL handling

Preferred action
Use current URL handling based on status below.
URL status
Live unverified
Archived URL

Summary

Solana-based decentralized perpetuals and trading protocol that entered a critical limited state in April 2026 after a major exploit and suspension of deposits and withdrawals.

Timeline

Drift Protocol suffered a major exploit
2026-04-01exploitcritical

Drift Protocol confirmed an active attack on April 1, 2026; public estimates ranged from over $130 million to about $285 million, with later analysis describing privileged-access and fake-token collateral mechanisms.

Drift suspended deposits and withdrawals
2026-04-01withdrawal_suspendedcritical

After confirming the active attack, Drift suspended deposits and withdrawals while coordinating containment with security firms, bridges, and exchanges.

Evidence

Chainalysis2026-04-09news_articlehigh reliabilityeventarchive
CCN2026-04-02news_articlemedium reliabilityeventarchive

Related records

Notes and record state

Record note
Do not mark dead yet. The April 2026 exploit and deposit / withdrawal suspension are material enough for HEI because they changed platform availability, but no final shutdown marker is confirmed.
Revision state
Records may be incomplete, approximate, contested, or revised as better evidence becomes available.
This record may be incomplete or revised. Dead-side entries prefer archived URLs over original domains. Dates, causes, and classifications may change when stronger evidence becomes available. Contact / corrections

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