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Drift Protocol Insurance Fund Unaffected by Attack; Stakers Can Withdraw Shares After Recovery

GateNews

Project Progress

2026-05-20 14:31:20

DRIFT2.06%

According to Drift Protocol, after the protocol's recovery, insurance fund stakers can withdraw their corresponding shares. The insurance fund remained unaffected by the vulnerability due to early protocol suspension before losses materialized through liquidation or bankruptcy pathways.

Drift Protocol stated that insurance fund assets will support system restart and user recovery, with plans to disclose on-chain addresses for community tracking of fund deployment.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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