PANews reported on April 2nd that, according to The Block, Drift Protocol, a decentralized exchange platform within the Solana ecosystem, suffered a hack that resulted in losses of at least $200 million, with some estimates suggesting closer to $270 million. This makes it the second-largest DeFi security incident in the Solana ecosystem after the Wormhole bridge vulnerability. The attack involved multiple Drift vaults, including JLP Delta Neutral, SOL Super Staking, and BTC Super Staking. On-chain data shows that the attackers converted the stolen assets into USDC through Jupiter and then used them to purchase ETH on Ethereum. As of 17:45 UTC, the attackers held approximately 19,913 ETH (approximately $42 million). Drift stated that it is investigating the unusual activity and advised users to suspend deposits. The DRIFT token is currently trading at $0.05073, a 24-hour drop of 25.5%.