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Security incident · 2026-04-01

Drift Trade

According to the public DefiLlama incident dataset, Drift Trade (Solana) suffered a security incident on 2026-04-01, with about $295.0M reported lost.

Date2026-04-01
Reported loss$295.0M
ChainSolana
Target typeDeFi Protocol
Technique classAccess Control
TechniqueProxy Upgrade Hijack
Bridge incidentNo
Within 2026#3 by loss that year, 13.1% of all reported losses that year

How this kind of attack works

A contract function meant for administrators was not locked down, and the attacker called it directly to move funds.

Would a pre-payment check have helped

Needs other controls

Broken contract permissions are a code-audit matter that pre-payment screening cannot see.

Other incidents with the same technique

Sources

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