Jupiter stated on X that it was unaffected by the Drift attack, noting that its lending product, Jupiter Lend, was not exposed to Drift markets and that JLP is fully backed by underlying assets. Jupiter described it as a difficult day for Solana DeFi and expressed concern for the Drift team and all those affected. Previously, Drift Protocol suffered a hack resulting in losses of at least $200 million.
Jupiter Unaffected by Drift Protocol Hack
TechFlowShare
Summary
Jupiter confirmed on X that it remains unaffected by the recent Drift Protocol crypto hack. The platform clarified that Jupiter Lend is not connected to Drift markets, and JLP tokens are fully backed by assets. Jupiter released a protocol update to reassure users and reaffirmed its support for the Solana DeFi community. The Drift incident has resulted in at least $200 million in losses.
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