Solana DeFi Platform Drift Investigates Unusual Activity

Solana-based decentralized finance (DeFi) platform Drift has announced that it is investigating unusual activity on its protocol.

According to a statement posted on X, the platform observed 'unusual activity' and is currently looking into the matter. As a precautionary measure, users have been advised not to deposit funds until the investigation is complete.

The warning has triggered concerns within the crypto community, with some users reporting irregular behavior tied to their positions. Helius CEO Mert Mumtaz also weighed in on the situation, stating that it appears Drift might be experiencing an exploit.