Moon
2.3K posts

Moon
@MoonDexo
Your favorite X influencer. Developing the next top terminal for Solana and EVM chains.
Moon Katılım Mart 2026
234 Takip Edilen4.4K Takipçiler

⚠️ Drift Protocol just got exploited for ~$220M–$270M — one of the wildest on-chain heists in Solana DeFi history.
Not a smart contract bug.
Not an oracle attack.
It was the admin key turned against the protocol itself.
Drift = Solana’s biggest perp DEX.
$550M+ TVL.
$50B+ cumulative volume.
Here’s exactly what happened (confirmed on-chain — and yes, the team said “this is not an April Fools joke”):~6:05 PM UTC: Multisig (via Squads) calls UpdateAdmin on the root state account.
Second signer approves.
New admin key now belongs to attacker wallet: HkGz4KmoZ7Zmk7HN6ndJ31UJ1qZ2qgwQxgVqQwovpZES.
Seconds later the attacker goes god-mode:Creates a fake spot market for CVT (worthless attacker-controlled token).
Inflates its oracle price massively.
Spams withdrawal guard changes to remove limits.
Deposits fake collateral → uses Drift’s own cross-margin + swaps → drains real USDC, SOL, BTC, JLP, vaults, everything.
Nearly half the TVL yanked in minutes.The drainer wallet was funded 8 days earlier via Near intents, then sat dormant. Classic sleeper move.Funds got routed through Jupiter, split into launderer wallets (some funded yesterday via Backpack), bridged via Wormhole to ETH (~19k+ ETH so far), and touched mixers + even Hyperliquid/Binance.Drift’s response:
“We are observing unusual activity… do not deposit. This is not an April Fools joke.”
Then: “Active attack. Deposits & withdrawals suspended. Coordinating with security firms, bridges & exchanges.”This is now the largest exploit in Solana history.What it actually causes for the ecosystem:Solana DeFi gut punch — Perp trading on Solana was stealing CEX market share. This reloads every “DeFi is risky” narrative. Expect TVL bleed, volume drop, and short-term de-risking across Solana perps.
$DRIFT token wrecked — Already down 30%+. Governance token just watched half the protocol’s value walk out the door.
Multisig trust takes a huge L — Audited setups (Squads + admin keys) just got weaponized. Every Solana project using similar governance is now reviewing their key management hard. Expect more timelocks, pauses, and insurance upgrades industry-wide.
Broader Solana impact — Speed + low fees made Solana the perp king. Short-term: rotation out of high-leverage DeFi into BTC/ETH and blue-chips. Phantom already flagging related sites. FUD spikes.
But long-term? These events are stress tests. Wormhole recovered. Mango survived. The protocols that live through hacks come back stronger — over-audited, over-collateralized, and paranoid.The positive black swan:
Drift v4 will likely be the most secure perp DEX ever built. Better key separation, real insurance funds, on-chain pauses, etc. The team still has the best execution engine. Now they’ll add the strongest defenses.DeFi doesn’t die — it mutates and levels up. The same people screaming “Solana DeFi is finished” today will be aping the recovery version soon.Right now: protocol paused, attacker’s ETH under surveillance, security teams live on-chain.This isn’t the end of Drift or Solana perps.
It’s the chaos that forges the next unbreakable version.
The real alpha is born in the fire. Stay safe.
Watch @DriftProtocol for updates.
DYOR — this space moves lightning fast.What’s your take — quick recovery or deeper contagion?
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360k people watching, anything better to be launched right now than $MOON on $SOL? By MOON itself
FbTTDpsj9N4vi2BC7tBvX9UxfgJMpe9svxef5nJ8BAGS
Moon@MoonDexo
NASA going to the $MOON Launched on @BagsApp x.com/i/broadcasts/1…
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We are announcing a leverage trading for low caps. So projects benefit from the tech a lot. Especially when everyone can buy any memecoin with credit card or trade with leverage or launch coins or find early launches, and overall, we have a fast trading terminal for everyone to use for both $SOL and $BNB and $BTC!
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@MoonDexo @saturnterminal Just a noob/dumb question... non meme projects can also benefit from this tek ,yeah?
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@binance Binance will ignore the Saturns innovation for launching meme coins on Bitcoin?
They have token on Binance
0x27a51c96b84c6d9f24d5d054c396ae0e1c96ffff
x.com/saturnterminal…
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New TradFi Equity Perps are coming soon!
Trade the following contracts on Binance Futures:
🔸 Meta (METAUSDT)
🔸 NVIDIA (NVDAUSDT)
🔸 Alphabet (GOOGLUSDT)
Know more 👉 binance.com/en/support/ann…

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@binance Binance launches AI and Saturn launches Bitcoin meme coin launchpad.
A BNB Launched coin $SATURN
0x27a51c96b84c6d9f24d5d054c396ae0e1c96ffff
x.com/WhaleInsider/s…
Whale Insider@WhaleInsider
JUST IN: Memecoins are now live on Bitcoin. Saturn Terminal's TAT Protocol writes token launches to BTC via OP_RETURN. Instant swaps run on a custodial CPAMM layer, with trades receipted and balances Merkle-anchored to BTC.
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@WhaleInsider @saturnterminal Who tf would trade memes on BTC? It’s slow, expensive and outdated
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@WhaleInsider We made the Memecoin trading on $BTC possible.
Thank you for the mention.
Our token is live on Binance Smart chain
0x27a51c96b84c6d9f24d5d054c396ae0e1c96ffff

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@WhaleInsider @saturnterminal Nice
Saturn is changing the game. Pumpfun did it on SOL and Saturn done it on $BTC
BNB CA
0x27a51c96b84c6d9f24d5d054c396ae0e1c96ffff
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