According to ME News, on April 2 (UTC+8), Jupiter posted on X stating that Jupiter was not affected by the Drift incident. Jupiter Lend was not involved in Drift markets, and JLP is fully backed by underlying assets. Jupiter also expressed condolences to the Drift team and all affected parties, noting that today has been a difficult day for Solana DeFi. (Source: ODAILY)
Jupiter states that JLP is fully backed by underlying assets amid the Drift incident.
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Summary
Jupiter stated that JLP remains fully backed by its underlying assets and is unaffected by the Drift incident. The exchange confirmed that Jupiter Lend has no exposure to the Drift market. The Fear & Greed Index remains volatile as altcoins to watch face mixed sentiment. Jupiter expressed sympathy for the Drift team and all affected users, calling it a difficult day for Solana DeFi.
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