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Bitcoin.com
2026-04-30 20:40:18

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

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

Carrot, 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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