11 DeFi protocols have been affected by the Drift security incident, with some suspending core functions while awaiting operational recovery.

BlockBeats message, April 2: The Drift protocol vulnerability incident has affected multiple DeFi protocols. Reflect Money, Ranger Finance, Neutral Trade, Elemental DeFi, Project 0, Lulo Finance, Asgard Finance, DeFi Carrot, Pyra, xPlace, and Fuse Wallete have confirmed they are affected, and some protocols have paused minting, redemption, or deposit/withdrawal functions.

Among them, Ranger Finance confirmed about a $900,000 risk exposure, accounting for roughly 6% of its $14.6 million total value locked. Pyra said that user funds are affected because they were placed with Drift to earn yield, and it has paused the Pyra Card feature. Asgard Finance said the Drift-related risk exposure is not significant; it has disabled that credit source and contacted affected users. Fuse Wallet has paused the Earn product’s deposits to Drift, but the wallet itself is not affected. DeFi Carrot has paused its minting and redemption functions; its Boost and Turbo products are not affected. xPlace has paused deposits and withdrawals for its Savings product, and its credit and lending features have been temporarily disabled. Elemental DeFi, Project 0, and others said that the allocation of related funds has been paused and they are waiting for Drift to resume operations. Lulo Finance, meanwhile, warned that Classic deposit users may be affected, while the Protected and Boosted products have no risk exposure. (SolanaFloor)