@lordgadsby

Do not supply or borrow on Drift (Drift.trade) if you value your funds. The protocol is not safe — and it violates its own white paper. I was liquidated for $3K due to a freak USDY price spike on Bybit. No fault of mine. No pause triggered. No rollback. Drift’s white paper promises oracle safeguards to protect users from volatile or uncertain price data. Those safeguards failed — and when I raised it, their final response was: “Sorry, no reimbursement. Not our fault.” I onboarded dozens of users. I trusted this protocol. They constantly bragged about their “stable loop” — supply USDC, borrow USDY, earn the spread — plugging it in Discord as a foolproof earner. What I got was a betrayal of the trust and loyalty I gave Drift for two years. Drift MUST be held to account. Tagging @pythnetwork @mac @hyperliquidevm @solana @solanafoundation @solanaventures @solend #Solana #DeFi #Risk #DeFiSafety #Accountability Full breakdown below 👇

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