USDT
+0.0%Drift opens DFX claims for April exploit victims
Image: CoinGapeDrift Foundation opened claims and redemptions for DFX on October 1, 2026. The token is for users who suffered verified losses in the April 1, 2026 exploit. Eligible users can claim one DFX per USDT of verified loss. The exploit drained an estimated $295.4 million. DFX is a transferable Solana SPL token. Claims run until January 1, 2028. Tether support is listed at up to $127.5 million. Recovery pool figures differ: around $3.8 million in protocol assets versus roughly 3.11 million USDT.
Key points
- Drift Foundation opened DFX claims and redemptions for users with verified losses from the April 1, 2026 exploit.
- Eligible users receive one DFX token for each USDT of verified loss.
- The April 1, 2026 exploit drained an estimated $295.4 million from the Solana-based protocol.
- The DFX claim window runs until January 1, 2028.
- Tether support is listed at up to $127.5 million.
Why it matters
DFX gives verified victims a tradable recovery claim. Early redeemers lock in the current pool ratio and give up any upside as the pool grows.
What's unclear
Whether the recovery pool balance is around $3.8 million in protocol assets or roughly 3.11 million USDT.
Price context · USDT
At publication
$0.9997
Now
$0.9996
Change since
−0.00%
7 days · dashed line = publication
Sources · 3 publishers
The Defiant
Tier 1
Drift Opens DFX Claims With Recovery Pool Covering About 1% of Losses
CoinGape
Tier 2
DFX Goes Live: Drift Users Can Claim 1 Token Per $1 Lost as Recovery Pool Starts at $3.11M
Coverage timeline
- First reported by Crypto Briefing
- Confirmed by The Defiant
- CryptoVideos brief published
How this brief was made. Our system found this event in 3 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
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