Wu said that the DeFi protocol Carrot, built on the Solana blockchain, announced that its ongoing operations have been severely impacted by the Drift vulnerability incident, and Carrot will be shutting down; Carrot has set May 14 as the deadline for withdrawing remaining funds from Boost, Turbo, and CRT, after which the system will begin deleveraging, reducing all leverage to zero to release all liquidity for CRT redemption. Carrot stated that user deposits still belong to the users, and any recovery efforts for Drift will continue to be allocated as previously mentioned, with no specific timetable clarified.

DRIFT-5.08%
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