Drift attack incident affected multiple DeFi protocols, involving projects like Reflect Money.

MeNews · 2026-04-12T15:30:10+00:00

Recently, the Drift attack incident affected multiple DeFi protocols, including Reflect Money, Ranger Finance, and others, with some projects suspending minting and deposit/withdrawal functions. Ranger Finance has an exposure of approximately $900k, and Pyra user funds have also been impacted.

MeNews

2026-04-12 15:30:10

Abstract generation in progress

ME News report, April 2 (UTC+8). The Drift attack incident has impacted multiple DeFi protocols, including Reflect Money, Ranger Finance, Neutral Trade, Elemental DeFi, Project 0, Lulo Finance, Asgard Finance, DeFi Carrot, Pyra, xPlace, and Fuse Wallet. Some projects have paused functions such as minting, redemptions, or deposits and withdrawals. Among them, Ranger Finance said that approximately $900k USD is at risk, representing about 6% of its $14.6 million USD TVL. Pyra stated that users’ funds were affected because they were deposited to earn yield via Drift, and it has paused the Pyra card feature. (Source: Foresight News)

DRIFT17,78%

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