$285 million stolen from Drift Protocol in under 12 minutes. By the next morning, Solana DeFi had lost nearly $1 billion in total value locked. But the headlines missed the actual story.
We break down where the losses really came from, how a $285M hack became a $964M ecosystem event, how Drift compares to the biggest exploits in DeFi history, and what the Solana Foundation's new STRIDE and SIRN programs mean for what comes next.
TImestamps:
01:07 - $285M Drift Hack, 15% DeFi TVL Crash
02:48 - The Real Damage: $964M In 24 Hours
05:05 - How This Compares To History
07:09 - What Solana Is Doing About It
08:08 - New Onchain Security Standards?