52m ago
Solana Foundation launches STRIDE and SIRN after $285M Drift exploit
The Solana Foundation introduced a two-layer security program for Solana DeFi following Drift's reported $285M loss. STRIDE will assess and track protocols above $10M TVL and support formal verification for those at $100M+ TVL, while SIRN coordinates incident response with multiple security firms. A week after the breach became public, Solana's stablecoin supply held at $14B, with DeFi liquidity cited as down 0.19%.