11 DeFi Protocols Affected by Drift Security Incident, Some Suspend Core Functions

According to SolanaFloor monitoring, the Drift protocol vulnerability incident has affected 11 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 protocols have suspended functions such as minting, redemption, or deposits/withdrawals.

Ranger Finance confirmed an exposure of approximately $900,000, accounting for about 6% of its total value locked (TVL) of $14.6 million. Pyra stated that user funds were affected because they were deposited in Drift to earn yields, and has suspended the Pyra Card function. Asgard Finance indicated that its exposure related to Drift is not significant, has disabled this credit source, and is contacting affected users. Fuse Wallet has paused deposits from its Earn product into Drift, while the wallet itself remains unaffected. DeFi Carrot has suspended minting and redemption functions, but its Boost and Turbo products are unaffected. xPlace has paused deposits and withdrawals for its Savings product and temporarily disabled its credit model and lending functions. Protocols such as Elemental DeFi and Project 0 stated that related fund allocations have been suspended, awaiting Drift's resumption of operations. Lulo Finance warned that Classic deposit users may be affected, while its Protected and Boosted products have no exposure.