Solana Foundation Launches STRIDE and SIRN Security Programs After Drift Hack

Drift Protocol, a major decentralized perpetual-futures trading platform in the Solana ecosystem, suffered estimated losses of about $270 million to $285 million on April 1, 2026, after a six-month social-engineering campaign targeting contributors and a device compromise. The incident did not involve a smart-contract vulnerability, but it highlighted the limits of relying on code audits alone to protect DeFi projects from risks involving personnel, keys and governance processes.

The Solana Foundation unveiled STRIDE and the Solana Incident Response Network, or SIRN, on April 6. Under STRIDE, Asymmetric Research assesses protocols across eight security areas. Protocols that pass the assessment and have more than $10 million in total value locked receive free, around-the-clock threat monitoring, while those with more than $100 million also receive formal verification. SIRN brings together security firms and researchers to respond to crises in real time.