The exploit did not involve a bug in Drift's code. It used "durable nonces," a legitimate Solana transaction feature, to pre-sign administrative transfers weeks before executing them, bypassing the protocol's multisig security in minutes. An attacker drained at least $270 million from the Drift Protocol on Solana by abusing a legitimate feature called 'durable nonces,' rather than exploiting a code bug or stolen keys. By securing two misleading approvals from Drift's fi…
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