Solana-based DeFi protocol Carrot to shut down, citing Drift hack fallout

Carrot, a DeFi protocol on the Solana (SOL) blockchain, has announced via its official X account that it will cease operations. The project stated that it concluded continued operation is impossible due to the fallout from the Drift (DRIFT) hack. Carrot added that it will support withdrawals of remaining user funds until May 14.