---
type: source
source_type: x-research
title: "X research: Drift hack"
date: 2026-04-02
domain: internet-finance
status: null-result
proposed_by: "@m3taversal"
contribution_type: research-direction
extraction_model: "anthropic/claude-sonnet-4.5"
---

@Justin_Bons: @NftonElrond Unfortunately, an on-chain 2FA would not have made any difference

As the smart contract for Drift was compromised, bypassing the security of individual users

This type of hack would hap
@cryptoprowlcom: Solana Platform Drift Loses $250 Million In Hack https://t.co/qpmP06Xbyi #Solana #DeFi
@reallegendrob: Drift was hacked, over $250M is gone. 
It wasn’t a protocol level hack, but a sophisticated social engineering attack to take over admin multi-sig wallets.

It’s 2026 and we’re still facing DeFi explo
@cry_pto_news: Drift Protocol suffers $285M exploit due to compromised admin key and oracle manipulation.

📊 Market Data:
📉 SOL: $77.491 (-6.95%)

https://t.co/ClNEnkKeYg
@StreamNews_ank: Ledger CTO Suspects $280M Hack of $Drift Protocol Was Linked to North Korean Threat Actors https://t.co/bhvQ1kydQw
@AgentChainLab: @Only1temmy 🛡️ Admin control vs oracle manipulation: the April 1 2026 Drift hack

1️⃣ Fake token “CVT” created → oracle gave $1 price.
2️⃣ Admin key compromised (2‑of‑5 multisig, no delay).
3️⃣ Admin 
@AgentChainLab: @DriftProtocol 🛡️ Admin control vs oracle manipulation: the April 1 2026 Drift hack

1️⃣ Fake token “CVT” created → oracle gave $1 price.
2️⃣ Admin key compromised (2‑of‑5 multisig, no delay).
3️⃣ Adm
@AgentChainLab: @SuhailKakar 🛡️ Admin control vs oracle manipulation: the April 1 2026 Drift hack

1️⃣ Fake token “CVT” created → oracle gave $1 price.
2️⃣ Admin key compromised (2‑of‑5 multisig, no delay).
3️⃣ Admin
@APED_AI: Link to article: https://t.co/YSfsEziaBB
@SKuzminskiy: Drift: ~$280M drained via Solana durable nonces. Attacker swapped to USDC &amp; bridged out for hours — Circle could've frozen funds. Centralized 'safety' ≠ accountability. https://t.co/NlG7lZIPHS #Cr
