Solana Yield Protocol Carrot Shuts Down After Drift Exploit Drains $8M in TVL
Key Takeaways: Carrot ( DeFi Carrot) shut down April 30, 2026, citing the $285 million Drift Protocol exploit as the cause. Users have until May 14, 2026, to withdraw from Boost, Turbo, and CRT before forced deleveraging begins. Drift recovery distributions will be paid proportionally via IOU token, based on a CRT snapshot from April
