Drift Protocol Hack

TOTAL LOST $1.0M
Medium

Summarize with AI

Affected Chain 2026 Incident surface
Recovered - No recovery reported
All-Time Rank #833 By amount stolen
Protocol Type Dexs Target category

Incident Overview

Deri Protocol (DERI) is a cryptocurrency and operates on the Arbitrum platform. Deri Protocol has a current supply of 483,012,978.592577 with 124,695,829 in circulation. The last known price of Deri Protocol is 0.00150013 USD and is up 24.03 over the last 24 hours.

It is currently trading on 53 active market(s) with $324.94 traded over the last 24 hours. More information can be found at https://deri.io/#/index.

Incident Report

Protocol / Project Drift Protocol
Date of Incident
Primary Source View Post-Mortem

Protocol Information

Protocol Type Dexs
Official Website deri.io/#/index
Protocol Twitter/X @DeriProtocol

Market Context at Time of Hack

Token Price at Hack $0.0307
Market Cap at Hack $18.8M
% of Market Cap Stolen 5.33%
Token Categories
Platform AI & Big Data Collectibles & NFTs Decentralized Exchange (DEX) Token DeFi Derivatives Privacy Options

What Auditors Should Check

If you're auditing a protocol with similar architecture to Drift Protocol, these are the critical security checks that could have prevented this incident (April 2026).

  • Review privileged functions (owner, admin, governance) for potential abuse vectors - centralization risks should be documented and bounded with timelocks or multi-sigs

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Sources & References

Learn to Prevent the Next Drift Protocol

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