Solana Yield Protocol Carrot Shuts Down After Drift Exploit Drains $8M in TVL

The Carrot protocol operated for more than two years, building automated yield tools it described as a “yield operating system” for Solana. Its final X post reflected that history directly.

No management fees will apply during the wind-down period. Users are advised to verify wallet balances and transaction history directly on Solana block explorers and to monitor Carrot’s communication channels for any final updates or recovery timeline announcements.

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