Solana-Based Drift Protocol Announces $150M Recovery Fund, New Token Following Tether Collab

April 17, 2026 admin 0

Solana-based decentralized exchange (DEX) Drift Protocol has shared the highly anticipated user recovery plan alongside Tether and other collaborators. This move follows the major exploit that drained $285 million from the project’s vaults two weeks ago. Drift Protocol Secures $150M Recovery Fund On Thursday, Drift Protocol, the largest decentralized perpetual futures exchange on the Solana…