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DeFi protocol Carrot becomes first casualty of $285M Drift exploit

Cointelegraph May 1, 2026 · 6:48 am Read Original

Bullish 65.0

−100 Bearish 0 +100 Bullish

DeFi protocol Carrot becomes first casualty of $285M Drift exploit

Carrot's total value locked has collapsed 93% in a month, from $28 million to $1.99 million, leaving the protocol financially unable to continue.

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Generated by Pulse AI, Glideslope's proprietary engine for interpreting market sentiment and economic signals. For informational purposes only — not financial advice.

Source Cointelegraph

Published May 1, 2026 · 6:48 am

Article ID 3l2m5yq

Original URL Open source

Bullish 65.0

−100Neutral+100

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