Jupiter: Not affected by the Drift theft incident, JLP assets are "fully backed by underlying assets"

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ChainCatcher message: In the DeFi protocol Drift theft incident, the JLP position losses were approximately $155.6 million. In response, Jupiter’s official statement said the platform was not affected by this incident—its lending product Jupiter Lend was not involved with the Drift market—and that the JLP assets are “fully backed by underlying assets.”

Jupiter also said this incident was “a difficult day” for the Solana DeFi ecosystem, and expressed concern to the Drift team and the affected users.

ChainCatcher previously reported that the Solana ecosystem’s Drift Protocol was attacked, with losses of at least $200 million.

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