Jupiter Says Drift Hack Didn't Impact Platform; JLP Losses Total $155.6M

Huoxing Finance reported that the April 2 exploit of the Drift DeFi protocol triggered roughly $155.6 million in losses tied to JLP positions. Jupiter said its platform was not affected, noting that its lending product, Jupiter Lend, is not involved in the Drift market and that JLP holdings are "fully backed by underlying assets." Jupiter described the incident as a "difficult day" for the Solana DeFi ecosystem and said it is thinking of the Drift team and impacted users.