Leaderboard
166All-time rank
Drift Trade
May 11, 2022
$14.5M
Lost
$14.5M
Recovered
$14.5M
Net loss
$0
Full100% recovered
On May 11, 2022, Drift Protocol on Solana experienced three interconnected bugs: users could withdraw positive PnL without realizing losses, leverage increased with long-short imbalance, and insurance funds weren't isolated per market. 5M shortfall.
- Target
- DeFi
- Classification
- Market Manipulation
- Technique
- Risk Parameter Abuse
- Attribution
- Unknown
- Chains
Solana
Event timeline
- May 11, 2022Exploit executed — $14.5M drained via risk parameter abuse
- Attributed to Unknown
- Recovery status Full 100%