Drift Protocol
2 storiesAt Drift Protocol, perpetual futures trading works with cross-margin accounts to provide Solana derivatives exchange functionality. Execution on Drift Protocol depends not only on the core design but also on insurance fund staking, just-in-time auction liquidity, DRIFT governance token, and spot lending integration. Relevant reporting includes smart-contract updates at Drift Protocol, fees or incentives, market creation, risk controls, security, and operational events. At Drift Protocol, keep Drift Protocol's protocol token and collateral assets separate; the Drift Protocol entry follows margin design and settlement inside Drift Protocol.
Drift Protocol Attack Exposes Limits of Multisig Wallet Security
Multisig wallets are designed to prevent single-point failures, but the $285M Drift Protocol exploit shows that valid signatures alone can't stop social engineering or malicious transactions when thresholds are low and oversight is weak
Solana Validators Push for Major Increase in Daily SOL Burns
A new Solana governance proposal could raise daily SOL token burns by up to 14 times and speed up the network's disinflation schedule, tightening supply if approved by validators