Monitoring

Drift Trade

HIGHSolana·Risk Parameter Abuse·#157 all-time
$14.5M stolenWednesday, May 11, 2022 · 1628 days ago

Corpus updated 2026-10-25

What happened

  • Drift Trade, a defi protocol, lost $14.5M on May 11, 2022.

  • The 25th largest of the 185 incidents recorded in 2022: under 1% of the $3.63B lost to hacks that year.

  • One other incident was recorded the same day: X2Y2 ($200K).

  • The first of 2 recorded incidents at Drift Trade; the next followed in April 2026, $295.0M.

  • Risk Parameter Abuse is behind 8 recorded incidents totalling $26.4M; this is the largest of them.

  • $14.5M is recorded as returned — 100% of the amount taken.

Cite this record

Monitoring Room, "Drift Trade hack (2022) — $14.5M stolen", incident record, data: DefiLlama hacks dataset, as of 2026-10-25 08:00 UTC. https://monitoringroom.com/situation/crypto-hack/drift-trade

Other recorded incidents at Drift Trade

DefiLlama records 2 separate incidents under this name.

Drift Trade — 2026
Solana$295.0M

Nearby in the record

X2Y2
5/11/2022$200K
Venus Protocol
5/12/2022$11.2M
OWNLY
5/10/2022$37K
Blizz Finance
5/13/2022$8.3M
Fortress Loans
5/8/2022$3.0M
SpiritSwap V3
5/14/2022$18K
← All incidents

Source: DefiLlama · 1317 recorded incidents · data as of 2026-10-25 08:00 UTC