Jupiter: Unaffected by Drift Theft Incident

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On April 2, it was reported that the DeFi protocol Drift suffered a theft incident resulting in a loss of approximately $155.6 million in JLP positions. In response, Jupiter officials stated that the platform was not affected by this incident, as its lending product, Jupiter Lend, did not involve the Drift market, and JLP assets are “fully backed by underlying assets.” Jupiter also expressed that this incident was a “difficult day” for the Solana DeFi ecosystem and extended their concerns to the Drift team and affected users.

JUP-5.62%
DRIFT-38.27%
SOL-5.5%
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