@SolanaFloor Guess why... I give you a clue my money were in DEX that got hacked... and not that one where the foundation and other defi protocols got together to repay users.
🚨JUST IN: DEX volume is in a brutal downtrend across both spot and perps.
Spot DEX volume fell to $185B in April, the lowest since August 2024, while perp DEX volume dropped to $563B, its lowest since July 2025 and down 59% from its October 2025 peak.
If you missed...
Here is Printr story in 48 hours:
> CEO Fed spotlighted Fax's fee-share utility built on the platform
> Fax launched $FAX on Printr same day as $PRINT token sale
> Community-flagged team wallets allegedly farmed/rugged $FAX buyers
> Printr ecosystem tokens dumped hard with toxic backlash + threats hit
> "Backed by Bybit" quietly removed from bio and Bybit unfollows
Today: Fed steps down as CEO citing mental health
> New CEO taking over
> Full $PRINT refund completed
> Sale already has 501 wallets and $2.48M committed
Absolute Drama
@jussy_world@PhoenixTrade@bulktrade Totally right, but i wish they can put more products in perps or someone else do a similar playbook and return fees instead of buybacks
Was planning to buy JLP
But the more I look at it, the less convinced I am
Too many competitors eating Jupiter's perps market share
@PhoenixTrade, @bulktrade way better
+ Jupiter's fee structure isn't competitive anymore
Most of the traders stopped using Jup perps after the airdrop didn't deliver
so, they migrated to HL
You can see that Jupiter perps TVL and volume both declining
What you think?
@jussy_world Well I think we should start to use more narrow timelines, chain and apps, so we can actually save our ass before it happen.
Can you imagine, create a poll that say Hyperliquid hack, when? May 10, bay 15, ....
Now hackers can literally make more money
By insider trading their own hacks on Polymarket
On the market: "when will another $100M hack happen?"
This industry is a joke 😭
Security is like a joke in this industry
@KelpDAO was controlled by 1/1 validator DVN → $280M gone
One faulty transaction from a validator is all that's needed
@DriftProtocol was controlled by 2/5 multisig + 0 timelock → $285M gone
Now we need to do more research on security then ever
BTC ripped higher on the back of fresh geopolitical optimism, and the short term move is undeniably strong. Price is now pushing toward the top of the cloud and the next major level around $80,600, while daily RSI has already pushed through prior resistance and volume stayed supportive into Friday's close. That said, fear and greed is not confirming the same strength, and BTC has now pushed above the weekly Fast line just as a TBT bullish divergence is close to confirming. That combination has been bullish for reversals before, but it has also led to pullbacks after the signal prints, so I still think chasing here is risky.
ETH is finally following BTC with a strong move through overhead resistance, closing around 23.76 and now pressing toward the first resistance fan line near 24.85. Weekend CME ranges are now open across BTC, ETH, and SOL, with BTC boxed between 78,545 and 74,645, ETH between 2,472 and 2,320.50, and SOL between 90.85 and 87.5. If momentum keeps going, those gaps and ranges matter.
Under the surface, the market is getting more interesting. BTC.D surged again, but daily RSI is still printing lower highs, which is a bearish reversal sign and potentially good for alts if it follows through. Stablecoin dominance just made a new local low at 10.091%, TOTALE100.D is technically strong bullish but badly stretched from the Fast line, and TOTALES just pushed through major overhead resistance. TOTALE50, TOTALE100, and OTHERS all look stronger than they did a week ago, but some of these charts are now getting overheated.
TradFi is feeding the risk-on tone for now. DXY wicked down to 97.62, USDJPY keeps whipsawing, ES extended its overbought streak to eight straight days, and NK225 also pushed higher. WTI printed a TBO close long and could tag the Fast line early next week, XAUUSD only wicked to the top of the daily cloud, and uranium just confirmed a second day above resistance. The macro backdrop is helping, but a lot of charts are already moving into levels where I would rather manage profit than force fresh entries.
My main watchlist focus today is XRP, LINK, CFX, LDO, VIRTUAL, Binance Life, RAVE, MON, RENDER, XLM, and SIREN. XRP is pushing toward the weekly Fast line near 1.6429, LINK and CFX have breakout energy, LDO is testing the top of the cloud, and VIRTUAL is nearing a key prior high. Binance Life and RAVE look too extended to chase, MON still looks tradable inside its range, RENDER is weakening under support, XLM is trying to hold above resistance, and SIREN still looks like a pure pump and dump chart.
Why people swap USDC to USDT: 👇
@circle
> Watched how $230M was stolen from Drift for 6 hours
> Froze 16 wallets for a random civil case
> Said they “can’t freeze without legal orders” - But their own terms allow it
> Minted $500M USDC during the hack
> Now getting sued over it
@tether
> Supported Drift with $130M
> $3.3M USDT was frozen by them in Drift hack
> Became Drift’s new settlement layer
> Froze another $3M USDT yesterday in the Rhea Finance hack
Now Tether is gaining big marketshare
Are you swapping USDC to USDT to support tether?
🚨JUST IN: Widespread support for a shift to $USDT is emerging across the @Solana community after Tether announced that it is leading Drift’s $150M recovery plan.
🚨NEW: @tether announces up to $150M support for @DriftProtocol following the $285M exploit to bring users back and restart the platform. Funds will be distributed over time as activity returns, alongside broader $USDT adoption on @Solana.
We told our community we would find a path to recovery. This is that path. This is the first step toward making users whole over time and toward building back stronger than where we were before.
We are publishing an Incident Recovery Update that outlines all of these specific steps towards relaunch and user recovery in more detail. You can read it here: drift.trade/updates/incide…
Today, Drift is announcing a collaboration with @tether and other partners totaling up to nearly $150 million to support our commitment to a relaunch with USDT at the center, and a path to user recovery.
These funds encompass a $100M revenue-linked credit facility, an ecosystem grant, and loans to market makers, designed to fund a dedicated user recovery pool.
Learn more 👇
@circle@tboypod@jerallaire Honestly, after your FUCK up with Drift, I am holding USDT all the way! Not sure if you notice, you are the villain that let the hackers go away with the money and Tether is Jesus F Christ and save the day....
How do you build a digital dollar at internet scale?
In this conversation on @tboypod, @jerallaire talks through:
→ The vision behind USDC
→ Why building trust through durable infrastructure matters
→ What it takes to build financial infrastructure for the internet-native economy
$285M gone in minutes. The Drift Protocol exploit isn't just the biggest hack of 2026 — it's a seismic wake-up call the entire DeFi ecosystem simply can't afford to ignore.
However, let's be clear: this isn't a reason to abandon decentralized finance. @driftprotocol built something genuinely innovative, and exploits at this scale expose deep systemic gaps in on-chain security that the whole industry must address together. @SlowMist_Team and other top security researchers are already dissecting the attack vector in detail.
Moreover, the pattern is painfully familiar — complex protocol interactions, overlooked edge cases, and insufficient formal verification. We keep learning the same expensive lessons at increasingly higher price tags.
Furthermore, the builders who stay, audit harder, and ship more resilient code are the ones who will define what Web3 truly becomes. Security isn't a feature — it's the foundation everything else is built on.
Are we finally ready to make security-first culture non-negotiable in DeFi, or do we need yet another $285M lesson? Drop your thoughts below.
#DeFi#Web3#Crypto#DriftProtocol#CryptoSecurity#BlockchainSecurity#SmartContracts#Blockchain#CryptoHack#Web3Security
📽️The $285M Drift hack wiped $964M from Solana DeFi in 24 hours.
Five days later, @SolanaFndn launched two new security programs.
Here's what they actually do 👇
has @DriftProtocol apologized to their users yet and/or provided a plan for how they plan to recoup their customers lost funds?
yes- the hack was very sophisticated.
no- that’s still not an excuse to sign transactions/download apps on the same device that drift admin keys are located on.
no- that’s still not an excuse to have only 2/5 multisig approval + 0 timelock.
I was very fortunate to not have any funds on drift/drift partners, but $250M+ in user funds were lost and so far all I’ve seen is a pity party for the drift team.