Oct 21, 2026
0 new drains, 1 update.
Updated
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Drift Protocol drained of $270M+ after signers pre-signed durable-nonce admin transactions
On Apr 1, 2026, an attacker took admin control of the Solana perps exchange Drift and drained its vaults of at least $270 million; SlowMist lists $285 million. Weeks earlier, Security Council signers had been led into 'unauthorized or misrepresented' approvals. Because those transactions used durable nonces, they stayed valid until the attacker chose to submit them. The funds were bridged to Ethereum, including more than $230 million in USDC via Circle's CCTP. No code bug was needed. The lesson for teams is that any durable-nonce signing request is high risk.
Drift Protocol (Security Council multisig)·Solana·$285M stolen·Since Apr 1, 2026·