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Drift Protocol

Date (as written)
2026-04
Year
2025
Country
Australia
Actors (as written)
UNC4736
Actor pages
UNC4736
Tags (as written)
Cryptocurrency FinancialGain
Dollar figures (as written)
$285 million; $263,000,000; 285000000 (leaderboard data field "amount"); $1 million; $270M+ (quoting @lookonchain); roughly $50 million USDC; $270M; $286 million; roughly $155 million (largest single transfer, 41.7 million JLP tokens); over $300 million stolen so far this year; $6.5 billion in recent years; $300 million; $285 million (over 50% of its TVL); approximately USD 285 million; USD 326 million Wormhole 2022 for comparison; $280 million

Source entries (8)

lazarus.day

Drift Protocol · 2026-04
On April 1, 2026, Drift Protocol lost about $285 million in a coordinated Solana DeFi attack with preliminary indicators consistent with DPRK-linked operations. Attackers used durable nonce transactions and social engineering around multisig signing to gain administrative control, whitelist a fake collateral token with manipulated pricing, remove withdrawal limits, and drain assets including USDC, JLP, cbBTC, USDT, WETH, and other tokens.
https://lazarus.day/incidents/driftprotocol/

tayvano/lazarus-bluenoroff-research

Drift Protocol · 2026-04-01
Amt Stolen: $263,000,000
https://github.com/tayvano/lazarus-bluenoroff-research/blob/main/hacks-and-thefts/drift.md

Rekt News leaderboard (rekt.news/leaderboard)

Drift Protocol - Rekt · 4/1/2025
Excerpt: DPRK hackers spent 6 months sending proxies to befriend Drift Protocol. Conferences, trust, $1 million deposited. $285 million later, those friends vanished. No code broken. No bug found. Just a six-month con, a fake token, and a culture that never saw it coming. | Article date: 4/9/2026
https://rekt.news/drift-protocol-rekt

US court filing via CourtListener RECAP: Kim v. Circle Internet Group, Inc.

Drift Protocol exploit; stolen assets swapped into USDC and bridged to Ethereum (alleged in suit by Kim judgment creditors against Circle) · April 1, 2026 (approach to Drift contributors in or about Fall 2025)
At 18:49 UTC on April 1, 2026, @lookonchain commented that "[t]he Drift Protocol exploiter is swapping the $270M+ stolen assets into $USDC, then bridging to #Ethereum to buy $ETH." ... "Mandiant's investigation [already] conclusively attributed the attack to UNC6862, a North Korean threat group with direct ties to other state-sponsored actors involved in similar attacks on other platforms." [Case No. 1:26-cv-05445, U.S. District Court for the Southern District of New York; filing: COMPLAINT against Circle Internet Financial LLC, Circle Internet Group, Inc..]
https://storage.courtlistener.com/recap/gov.uscourts.nysd.667183/gov.uscourts.nysd.667183.1.0.pdf

Elliptic blog: Drift Protocol exploited for $286 million in suspected DPRK-linked attack

Drift Protocol exploit (Solana perpetual futures exchange) · Apr 2, 2026 (updated 7 April, 2026; incident April 1, 2026)
Elliptic has identified multiple indicators suggesting that the exploit of Drift Protocol is linked to the Democratic People's Republic of Korea (DPRK). ... This incident represents the eighteenth DPRK-linked act Elliptic has tracked this year, with over $300 million stolen so far.
https://www.elliptic.co/insights/drift-protocol-exploited-for-286-million-in-suspected-dprk-linked-attack/

Chainalysis blog: Drift Protocol Hack: How Privileged Access Led to a $285M Loss

Drift Protocol hack · published 2026-04-09 (April 1, 2026)
On April 1, 2026, Solana's Drift Protocol was drained of $285 million (over 50% of its TVL) in a highly coordinated attack likely linked to North Korean (DPRK) actors.
https://www.chainalysis.com/blog/lessons-from-the-drift-hack/

TRM Labs blog: North Korean Hackers Attack Drift Protocol In USD 285 Million Heist

Drift Protocol hack · published 2026-04-03 (April 1, 2026)
TRM's initial investigation suggests the hack was likely perpetrated by North Korean hackers.
https://www.trmlabs.com/resources/blog/north-korean-hackers-attack-drift-protocol-in-285-million-heist

Hackmageddon cyber attacks timelines (Paolo Passeri)

Drift · 01/04/2026
The Drift Protocol loses at least $280 million after North Korean threat actors took control of its Security Council administrative powers in a planned, sophisticated operation. Security researchers link the attacks to North Korean threat actors. [Date Occurred: 23/03/2026; Date Discovered: 01/04/2026]
https://www.hackmageddon.com/2026/04/24/1-15-april-2026-cyber-attacks-timeline/
https://docs.google.com/spreadsheets/d/e/2PACX-1vQ2r4m8VwOtuzK2FJuvkcNKKkg6xMvBiZ2EhovYv9UrG3HLCH6yZ9e0udWfTyL8Gkf3-M33jOAfC_rR/pub?gid=1060075184&single=true&output=csv
https://thehackernews.com/2026/04/285-million-drift-hack-traced-to-six.html

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