Drift Protocol Hack
What happened
On April 1, 2026, Drift Protocol on Solana suffered a coordinated privileged-access compromise. Drift confirmed that more than $280 million was withdrawn; Chainalysis assessed the incident at approximately $285 million.
The attack compromised privileged governance rather than exploiting a reported core-contract bug. Durable nonce transactions kept social-engineered approvals executable long enough to transfer Security Council administrative authority.
Case & protocol details
How it happened
Attackers socially engineered Security Council members into pre-signing durable-nonce transactions, used those transactions to take administrative control, admitted a falsely priced token as collateral, and withdrew real assets.
Evidence & learning
Attack pattern
Compare incidents →Sources and on-chain records
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