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Solana Yield Protocol Carrot Shuts Down After Drift Exploit Drains $8M in TVL

Bitcoin.com

Bitcoin News / Bitcoin.com 171 Views

Solana Yield Protocol Carrot Shuts Down After Drift Exploit Drains $8M in TVLCarrot, the Solana-based decentralized finance ( DeFi) yield protocol, announced its shutdown on Thursday, following direct losses tied to the April 1 exploit on Drift Protocol, which drained approximately $285 million from the Drift platform in minutes. Key Takeaways: Carrot ( DeFi Carrot) shut down April 30, 2026, citing the $285 million Drift Protocol exploit […]
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