coin-img-ETHETH+0.25%coin-img-SOLSOL+0.63%coin-img-BTCBTC+0.43%coin-img-XRPXRP+0.12%coin-img-AAVEAAVE-2.06%coin-img-USDCUSDC+0.00%coin-img-DOGEDOGE-0.49%coin-img-HYPEHYPE+0.94%coin-img-ETHETH+0.25%coin-img-SOLSOL+0.63%coin-img-BTCBTC+0.43%coin-img-XRPXRP+0.12%coin-img-AAVEAAVE-2.06%coin-img-USDCUSDC+0.00%coin-img-DOGEDOGE-0.49%coin-img-HYPEHYPE+0.94%coin-img-ETHETH+0.25%coin-img-SOLSOL+0.63%coin-img-BTCBTC+0.43%coin-img-XRPXRP+0.12%coin-img-AAVEAAVE-2.06%coin-img-USDCUSDC+0.00%coin-img-DOGEDOGE-0.49%coin-img-HYPEHYPE+0.94%coin-img-ETHETH+0.25%coin-img-SOLSOL+0.63%coin-img-BTCBTC+0.43%coin-img-XRPXRP+0.12%coin-img-AAVEAAVE-2.06%coin-img-USDCUSDC+0.00%coin-img-DOGEDOGE-0.49%coin-img-HYPEHYPE+0.94%

Drift opens DFX recovery claims for April 1 exploit victims, initial payouts near 1%

AI Market Summary
Drift opened DFX recovery claims for April exploit victims, but initial redemptions cover only ~1% of verified losses given a ~3.1m USDT pool versus ~299.5m DFX supply. Daily top-ups from Velocity protocol revenue and up to 147.5m USDT in pledged support (Tether plus partners) improve recovery visibility, but the long runway and optional early redemption limit near-term market spillover.
Impact level
● Low
Affected assets
SOL/USDT+0.54%
AI Insight · SOL/USDTAI Insight
● Neutral
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The Drift Foundation has opened DFX recovery claims for users affected by the April 1 exploit, with initial redemptions covering only about 1% of verified losses. The recovery pool currently holds roughly 3.1 million USDT against a fixed supply of 299,500,810.998 DFX tokens. Funding is added daily at 00:00 UTC from Velocity’s net protocol revenue under a tiered formula, and Tether and strategic partners have committed up to 127.5 million USDT and 20 million USDT, respectively, to support the relaunch and user recovery, according to the Drift Foundation.
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