Solana Yield Protocol Carrot Collapses After $8M TVL Wiped Out in Drift Exploit

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The Solana yield protocol, Carrot, confirmed the cessation of its operations following the devastating exploit suffered by Drift Protocol in early April. The project management reported that the attack, which drained approximately $8 million in Total Value Locked (TVL) from its vaults, made the continuity of the service unsustainable.

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Telemac
Telemachttp://cryptoinfo.ch
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