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Solana Drift Protocol drained of $285M via fake token and governance hijack
Attackers drained $285 million from Solana's Drift Protocol by exploiting governance weaknesses, not smart contract code, through social engineering, a fake token, and removal of a security timelock. TRM Labs and Elliptic assess the attack was likely perpetrated by North Korean hackers based on on-chain patterns.
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2- First seen
- Apr 4, 2026, 1:29 AM
- Last updated
- Apr 4, 2026, 4:02 AM
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Solana Drift Protocol drained of $285M via fake token and governance hijack is currently shaped by signals from 1 source platforms. This page organizes AI analysis summaries, 1 timeline events, and 2 relationship edges so search engines and AI systems can understand the topic's factual basis and propagation arc.
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Keywords
9 tagsDeFi hackgovernance exploitsocial engineeringdurable noncefake tokenmultisig compromisecross-chain bridgefunds launderingsecurity audit
Source evidence
1 evidence itemsSolana Drift Protocol drained of $285M via fake token and governance hijack
News · 1Apr 4, 2026, 1:29 AMOpen original source
Timeline
Solana Drift Protocol drained of $285M via fake token and governance hijack
Apr 4, 2026, 1:29 AM
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