Uniswap founder comments on Drift attack incident: We must stop allowing centralized projects to claim they are DeFi.

DeepFlowTech · 2026-04-02T05:38:23+00:00

Uniswap founder Hayden Adams commented on the Drift Protocol attack incident on the X platform, emphasizing that centralized projects should not claim to be DeFi, and pointing out that if admin keys can drain funds, it falls under CeFi. Chaos Labs founder Omer Goldberg also analyzed the security vulnerabilities of the Drift protocol.

DeepFlowTech

2026-04-02 05:38:23

Abstract generation in progress

Deep Tide TechFlow message, April 02, Uniswap founder Hayden Adams (@haydenzadams) commented on X about the attack on the Drift Protocol, saying it is necessary to stop letting centralized projects claim to be DeFi. He noted that if an admin key could drain all funds, then in essence it is CeFi (centralized finance); otherwise, the DeFi brand would be meaningless. He also stressed that for any version of Uniswap, there is no admin key that can drain funds.

Earlier, Chaos Labs founder Omer Goldberg (@omeragoldberg) analyzed that the Drift protocol’s signing key pair has full control over market creation, oracle allocation, and withdrawal limits, and there is no timelock, multisig, or delay mechanism. The attacker was able to steal funds in just 10 seconds.

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