FA2

building one unified market @ranger_finance

[FA2 @0xFA2]

p=mv

work insanely hard, increase velocity.

[Ranger @ranger_finance]

https://t.co/9K05aAIGBh

[Ranger @ranger_finance]

We’re hosting a private Build-A-Bear Demo Day!

10 shortlisted teams will pitch vault strategies spanning market-neutral yield, structured products, and RWAs — built to handle real capital.

Date: Monday, 4th May 2026
Time: 3 PM UTC
Venue: Virtual

[Ranger @ranger_finance]

1/

The Build-A-Bear Hackathon has concluded 🧸

Teams were given one task: build production-ready vault strategies that can ship on @solana, handle real capital, and compete for up to $1,000,000 in vault TVL seeding.

[Ranger @ranger_finance]

The Build-A-Bear Hackathon ends in 4 days!

[FA2 @0xFA2]

@EmperorLuxion @ranger_finance @DriftProtocol Excited for this

[Ricardo | cipher/acc | Cipherlabs @EmperorLuxion]

She doesn't sleep. She doesn't panic. She doesn't chase.

She watches. She calculates. She exits before you even notice the problem.

And she brought 10 friends.

Tomorrow we reveal what we've been building.

@ranger_finance

[IpezyGJ @ipezyGJ]

Ranger Sovereign Vault — live on Hyperliquid

Bidirectional funding arb running 24/7. Auto-detects direction, collects from either side.

Live dashboard: https://t.co/5ZGv8BTiTN

@ranger_finance Build-A-Bear Hackathon

[FA2 @0xFA2]

This looks like a mislabeled wallet on Arkham.

@davijlu & team have been updating affected teams daily and doing so transparently.

Building and rebuilding continues.

[Onchain Lens @OnchainLens]

A wallet linked to the Drift Protocol Team deposited 56.25M $DRIFT worth $2.44M into #Bybit and #Gate since the hack.

https://t.co/TYDga9Dhtx

[Amir | Hubra @Amir0X1]

@ranger_finance tech 🤝 @HubraApp strategy

[Fez @fez_xbt]

Deeply saddened by today's events and my heart goes out to all affected users and depositors. We continue to work with Drift and relevant teams to reach a positive outcome.

A stark reminder that security is always the number one priority in crypto and we will continue to strengthen our opsec practices with an internal audit and improved vault infra guardrails.

For those with deposits in vaults that have no Drift exposure, these remain unaffected and operational.

Godspeed.

[Drift @DriftProtocol]

Earlier today, a malicious actor gained unauthorized access to Drift Protocol through a novel attack involving durable nonces, resulting in a rapid takeover of Drift’s Security Council administrative powers.

This was a highly sophisticated operation that appears to have involved multi-week preparation and staged execution, including the use of durable nonce accounts to pre-sign transactions that delayed execution.

[Ranger @ranger_finance]

Drift Protocol suffered a major exploit resulting in hundreds of millions drained from the platform. Four vaults with allocations to Drift-based strategies were impacted.

Affected Vaults & Exposure

Vectis DriftPack Vault: 428K
Ranger USD: 249K
Elemental USDC Lending: 237K
Vectis Multi-Lend: 5K

Total Affected Amount: 919K (6% of Ranger Vaults' $14.6M TVL)

Immediate Actions Taken

1. All deposits and withdrawals on the impacted vaults have been paused

2. All vault managers were contacted immediately and advised to halt vault operations

3. Market allocations to Drift-related venues have been stopped — withdrawal logic has been programmed to automatically recover funds from Drift as soon as withdrawals resume on their end

4. We are in direct contact with the Drift team and monitoring their resolution process

What Is Not Affected

All other vaults with no Drift exposure continue to operate normally. Ranger Vault’s core infrastructure was not compromised — this exposure is limited to downstream allocations to Drift's protocol.

Next Steps

- We will provide updates as the Drift team communicates their recovery and resolution plan

- A post-incident review of venue risk controls is underway to strengthen safeguards against downstream protocol exposure

- Any recovery of funds from Drift will be distributed back to affected vault depositors

We are committed to full transparency throughout this process. Follow us for updates.

[FA2 @0xFA2]

We have immediately paused all deposits and withdrawals on $rgUSD at the smart contract level.

We have contacted all vault managers with exposure to Drift.

Ranger's total exposure is ~$900k out of $14.6M TVL - limited to funds that were deployed into Drift.

More updates coming soon.

[FA2 @0xFA2]

We have immediately paused all deposits and withdrawals on $rgUSD at the smart contract level.

We have contacted all vault managers with exposure to Drift.

Ranger's total exposure is ~$900k out of $14.6M TVL - limited to funds that were deployed into Drift.

More updates coming soon.

[cobra ⛰️ @barrett_io]

very bullish @ranger_finance

[Ranger @ranger_finance]

1/

Build-A-Bear judges are in 🧸

Meet the panel reviewing strategies for production-readiness: risk controls, robustness, and deployability.

[Ranger @ranger_finance]

Less than 2 weeks left in Build-A-Bear 🧸

If you’re building a vault strategy, now’s the time to lock in scope and ship.

Need help? We’ve got workshops + recordings ↓

[FA2 @0xFA2]

@bearonionlol 💪💪

[Klbkch @bearonionlol]

Cooking up an epic vault! Cc @_MaTad0r_