TECHNOLOGYMay 1 · 06:48 UTCCOINTELEGRAPHCointelegraph by Brian Quarmby

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

DeFi protocol Carrot has seen its total value locked (TVL) plummet 93% in a month, from $28 million to $1.99 million, rendering the protocol financially unsustainable following the $285M Drift exploit.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned

CarrotorganizationDriftorganizationDeFi protocoltopicTotal Value Lockedtopic$285Mtopic$28 milliontopic$1.99 milliontopic

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