David

@FabianoSolana @waleswoosh Although the postmortem of the incident has not yet been published and without wanting to throw stones at the team, part of the security does not seem to have been respected. WEB3 evolves so quickly that the teams cannot manage everything, it's impossible.

@waleswoosh respectfully, higher APY ≠ higher risk drift hadn't even high APYs... all comes down to security in the end

Hacks like the one on Drift Protocol yesterday are once again a lesson. Only keep funds you can afford to lose in DeFi apps that aren't A-tier. A few extra % APY isn't worth it if you end up losing everything. Do proper risk management

Security is a shared journey in Web3. Let's support the Drift team as they recover, learn from this incident, and build a more resilient ecosystem together. Stay safe out there. 🛡️ #Web3 #OpSec #DeFi #Solana #DRIFT #CyberSecurity 9/9

6️⃣ Expanding the Monitoring Perimeter 🚨 Don't just alert on vault drains. Monitor system-level actions (like Solana's InitializeNonceAccount) tied to admin addresses. If an admin creates a Durable Nonce out of the blue, raise flags! 8/9

Sending strength to the @DriftProtocol team today. Experiencing an exploit is a dev's worst nightmare. Instead of pointing fingers, let's use this sophisticated attack as a wake-up call to level up our collective Web3 OpSec. 🧵👇 1/9

Today has been an extraordinarily difficult day for Drift. I’m incredibly grateful for the outpouring of support from the community. This is a brief incident report ahead of a full postmortem in the coming days for one of the most sophisticated and novel exploits we’ve seen in crypto. Drift has been working around the clock with partners, exchanges, and security firms to understand what happened and respond quickly.

@JupiterExchange Tough day for the DEFI Solana.

Jupiter is not affected by the Drift situation. Jupiter Lend has no exposure to Drift's markets and JLP is fully backed by the underlying assets. That said, this a difficult day for Solana DeFi and our heart goes out to the Drift team and everyone affected.

@piggybank_fi Legend !

Drift Exploit Update - PiggyBank had a $106k exposure to Drift, out of the 3.95M USDC deployed in our delta-neutral trading strategy. This served as margin for a 750 SOL Long position on Drift, against a 750 SOL Short position on Lighter, reduced to 273 SOL before the exchange was paused. - The worst case scenario drawdowns would have been: 2.67% on USDC vault, 1.60% on SPYx, 1.52% on pbJITOSOL. This is exactly the kind of counterparty risk priced in the high APY that such strategies provide. - Nevertheless, the team is so confident in PiggyBank's vision — extra yield on xStocks — that it has unanimously decided to personally reinject $106k to cover for users' losses, even though Drift had passed our deployment risk analysis. - Today’s NAV will be rolled as usual within 2 hours, with 0% APY for the epoch. solscan.io/tx/CY47zDiq4ET…

@SolanaSensei @DriftProtocol @project0 @ranger_finance @xplaceapp @uselulo @DeFiCarrot @reflectmoney @TradeNeutral @elementaldefi @fusewallet @piggybank_fi This is the déclaration of @elementaldefi : x.com/i/status/20394…

Solana Protocols that may have been affected by the @DriftProtocol exploit: - @project0 - @ranger_finance vaults - @xplaceapp savings - @uselulo classic mode - @DeFiCarrot normal mode - @reflectmoney - @TradeNeutral - @elementaldefi - @fusewallet - @piggybank_fi (~2.6% only) - @GetPyra - @perena (JLP vault only) - @vectis_finance What can you do right now? 👇 - There may be more protocols affected, so please check your entire defi portfolio. - I suggest using @jup_portfolio to quickly scan your entire Solana portfolio. - Withdraw where possible (once unpaused) or monitor official accounts closely. - Follow @DriftProtocol for official updates and any compensation/recovery news. - Revoke approvals if you interacted with any of these, and stay safe. This is NOT April fools. Sending love to anyone affected. Please stay safe friends.

@JupiterExchange What are you cooking ? $JUP

SOON.

@perena Thank you for the information. So the actual yield is higher than the yield shown on the interface?

Funds remain fully collateralized and redeemable at any time. No changes to your position. The APY display will recover as the new allocations ramp up. Transparency: perena.org/transparency Questions: help@perena.org

USD Star (USD*) APY may look a little lower than usual right now. That's because we're actively reallocating funds to bring you the best long-term yield. Hang tight, touch grass, it'll be back up within 1–2 weeks.

@FabianoSolana @solana @reflectmoney @humafinance @hylo_so @piggybank_fi Which one is your favorite?

24 platforms to invest stablecoins for good yields on @solana 1 | @reflectmoney: USDC+ earns 2% APY via DeFi strategies 2 | @humafinance: PST earns 10% APY from PayFi 3 | @hylo_so: sHYUSD earns 15% APY from LSTs 4 | @piggybank_fi: pbUSDC earns 21% APY from delta neutral strategies 5 | @solsticefi: eUSX earns 4% APY from delta neutral strategy 6 | @kamino: lend or loop stablecoins for up to 30% APY 7 | @ExponentFinance: earn fixed yield or provide liquidity for up to 15% APY 8 | @Loopscale: lend or loop stablecoins for up to 50% APY 9 | @elementaldefi: lend or earn fixed yield from different strategies for up to 20% APY 10 | @ManifestTrade: earn up to 16% APY for depositing into vault (LP) 11 | @save_finance: lend stablecoins for up to 5% yield 12 | @uselulo: automatically lend stablecoins to highest yield 13 | @RECCFinance: invest into real estate for 14% APY 14 | @jup_lend: lend or loop stablecoins for up to 15% APY 15 | @solomon_labs: sUSDv earns 10.6% APY from funding rates 16 | @TradeNeutral: earn up to 15% APY through different strategies 17 | @maplefinance: syrupUSDC earns 5% APY from digital asset lending platform 18 | @HastraFi: PRIME earns up to 8% from real-world HELOC lending 19 | @HubraApp: yield aggregator with up to 10% yield 20 | @onrefinance: ONyc earns up to 10% APY from reinsurance premiums & more 21 | @perena: USD* earns up to 10% APY from mainly delta neutral strategies 22 | @DeFiCarrot: CRT earns up to 10% APY from mixed strategies 23 | @DriftProtocol: Earn up to 5% APY from lending stablecoins 24 | @FlashTrade: Earn up to 15% from depositing into different pools

@Dark_Emi_ Perso je suis adepte du liquid staking. 100% de mes SOL sont en LS sur $jupSOL et $INF

Question sérieuse : Vous êtes dans la crypto, vous stakez des ETH ou des SOL, qu'est ce qui pourrait vous convaincre de changer de provider et de venir staker chez nodz ?

@perena USD*

Which USD Star model do you hold?

@Dark_Emi_ Ça fait un moment que je suis ultra bullish sur Solana !!! Je n'ai plus un seul ETH depuis plusieurs mois si ce n'est la très faible partie qui est présente dans le $JLP

Est ce que vous avez une excuse pour ne pas être all in Solana ?