Hack history / 2026 / Hack or exploit
Drift Trade
Hack or exploit on Apr 1, 2026 · Proxy Upgrade Hijack
SOURCES AGREE ON DATE AND LOSS · 4 SOURCES
Lost
$285M
dollars at the time
Returned
none listed
as the sources state it
Rank
#20
among thefts by dollars lost
What happened
On April 1, 2026, Drift Protocol on Solana was exploited for ~$295M when attackers tricked Security Council members into pre-signing transactions via Solana durable nonces, handing over admin control. Attackers whitelisted a worthless fake token (CVT) as collateral, deposited 500M CVT, and withdrew $285M in real assets (USDC, SOL, ETH) in ~12 minutes. Security firms linked the attack to DPRK/Lazarus Group.
Details
- Date
- Apr 1, 2026
- Kind
- Hack or exploit
- Method
- Proxy Upgrade Hijack
- How in
- Smart contract bug
- Target
- DeFi protocol
- Chains
- Solana
Related incidents
AlpsCon AI Trade Hub 2026 · Hack or exploit · $153K
Trader loses $5.7 million to slippage in memecoin trade 2024 · Costly mistake or other · $5.7M
Drift Trade 2022 · Hack or exploit · $14.5M
TRADE.IO 2018 · Hack or exploit · undisclosed
Trader loses $5.7 million to slippage in memecoin trade 2024 · Costly mistake or other · $5.7M
Drift Trade 2022 · Hack or exploit · $14.5M
TRADE.IO 2018 · Hack or exploit · undisclosed
Cite this page
SwanBluechip, "Drift Trade hack, Apr 1, 2026: $285M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht94538fd91a/ (data as of 2026-11-01).