#drifthackvictimsbeginclaims
drifthackvictimsbeginclaims
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#DriftHackVictimsBeginClaims
El Drift Protocol, the prominent decentralized Solana-based perpetual futures exchange, officially opened its claims and redemptions portal for the recovery token DFX. This measure aims to compensate users affected by the devastating mass hack on April 1, which drained approximately $295.4 million from the platform in an attack carried out by actors linked to North Korea. Those affected will receive one DFX token for each verified USDT loss in the snapshot of that day. However, the initial allocation of the recovery fund—around 3.11 million USDT—sets the initial redemption rate at just 0.0104 USDT per DFX; that is, users will receive approximately one cent for each dollar lost in this first phase. Affected users have until January 1, 2028 to claim their tokens through the official portal; after that date, any unclaimed DFX supply will be permanently burned.
Below are real images related to portals and digital financial alert announcements:
#DriftHackVictimsBeginClaims
El Drift Protocol, the prominent decentralized Solana-based perpetual futures exchange, officially opened its claims and redemptions portal for the recovery token DFX. This measure aims to compensate users affected by the devastating mass hack on April 1, which drained approximately $295.4 million from the platform in an attack carried out by actors linked to North Korea. Those affected will receive one DFX token for each verified USDT loss in the snapshot of that day. However, the initial allocation of the recovery fund—around 3.11 million USDT—sets the initial redemption rate at just 0.0104 USDT per DFX; that is, users will receive approximately one cent for each dollar lost in this first phase. Affected users have until January 1, 2028 to claim their tokens through the official portal; after that date, any unclaimed DFX supply will be permanently burned.
Below are real images related to portals and digital financial alert announcements:
El Drift Protocol, the prominent decentralized Solana-based perpetual futures exchange, officially opened its claims and redemptions portal for the recovery token DFX. This measure aims to compensate users affected by the devastating mass hack on April 1, which drained approximately $295.4 million from the platform in an attack carried out by actors linked to North Korea. Those affected will receive one DFX token for each verified USDT loss in the snapshot of that day. However, the initial allocation of the recovery fund—around 3.11 million USDT—sets the initial redemption rate at just 0.0104 USDT per DFX; that is, users will receive approximately one cent for each dollar lost in this first phase. Affected users have until January 1, 2028 to claim their tokens through the official portal; after that date, any unclaimed DFX supply will be permanently burned.
Below are real images related to portals and digital financial alert announcements:
Square-Creator-15b222f85f76226c7752:
listo
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#DriftHackVictimsBeginClaims
Victims of the April 1 Drift exploit, which caused nearly $295.4M in verified losses, can now claim DFX recovery tokens.
the initial recovery pool is only about $3.1M, so the launch payout is roughly $0.0104 per $1 lost - around $10.40 for every $1,000 lost.
Victims can redeem, sell, or hold DFX and wait for future recovery funds, including protocol revenue, partner commitments and recovered assets.
Taking the payout now burns the DFX and ends that claim permanently. #Mahanadi
#DriftHackVictimsBeginClaims
Victims of the April 1 Drift exploit, which caused nearly $295.4M in verified losses, can now claim DFX recovery tokens.
the initial recovery pool is only about $3.1M, so the launch payout is roughly $0.0104 per $1 lost - around $10.40 for every $1,000 lost.
Victims can redeem, sell, or hold DFX and wait for future recovery funds, including protocol revenue, partner commitments and recovered assets.
Taking the payout now burns the DFX and ends that claim permanently. #Mahanadi
Victims of the April 1 Drift exploit, which caused nearly $295.4M in verified losses, can now claim DFX recovery tokens.
the initial recovery pool is only about $3.1M, so the launch payout is roughly $0.0104 per $1 lost - around $10.40 for every $1,000 lost.
Victims can redeem, sell, or hold DFX and wait for future recovery funds, including protocol revenue, partner commitments and recovered assets.
Taking the payout now burns the DFX and ends that claim permanently. #Mahanadi
Burns the DFX ❤️🔥
From Digital Mahanadi
68
#drifthackvictimsbeginclaims
THE DRIFT HACK IS STILL MAKING WAVES 👀
Nearly $295.4M in losses were verified after the Drift exploit on Solana.
Now victims have started filing claims through the recovery process, while the initial recovery pool sits at only around $3.11M.
That gap is massive.
For affected users, the big question is how much of those losses can ultimately be recovered.
OH MY WOW 🤯
#sol #DRIFT #defi #crypto
#drifthackvictimsbeginclaims
THE DRIFT HACK IS STILL MAKING WAVES 👀
Nearly $295.4M in losses were verified after the Drift exploit on Solana.
Now victims have started filing claims through the recovery process, while the initial recovery pool sits at only around $3.11M.
That gap is massive.
For affected users, the big question is how much of those losses can ultimately be recovered.
OH MY WOW 🤯
#sol #DRIFT #defi #crypto
THE DRIFT HACK IS STILL MAKING WAVES 👀
Nearly $295.4M in losses were verified after the Drift exploit on Solana.
Now victims have started filing claims through the recovery process, while the initial recovery pool sits at only around $3.11M.
That gap is massive.
For affected users, the big question is how much of those losses can ultimately be recovered.
OH MY WOW 🤯
#sol #DRIFT #defi #crypto
1
636
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Bearish
#drifthackvictimsbeginclaims
🚨🔥 DRIFT HACK VICTIMS BEGIN DFX CLAIMS — BUT THERE’S A HUGE CATCH! 📊
Following the $295.4 Million exploit on April 1, victims of the Drift Protocol attack can now officially claim DFX recovery tokens (1 DFX per $1 of verified loss).
$ZAMA
{future}(ZAMAUSDT)
At first glance, it sounds like a recovery plan—but looking closely at the math reveals a critical dilemma for affected users:
The Recovery Math Breakdown:
📌 Total Verified Losses: ~$295.4 Million
📌 Initial Recovery Pool: ~$3.11 Million
📌 Initial Redemption Rate: ~$0.0104 USDT per DFX (~1.04% payout)
This means a user with a $100,000 verified loss can immediately redeem roughly $1,040 in USDT.
$DFTX.US
{stock_us}(DFTX.US)
⚠️ THE PERMANENT TRADEOFF MOST HEADLINES MISS:
Redeeming DFX tokens burns them permanently. Once redeemed, that holder forfeits all future upside from protocol revenue splits (60–90% net revenue allocation), partner commitments (including pledged Tether funds), and potential law enforcement asset recoveries.
As other victims burn their tokens to exit, the remaining unredeemed DFX supply shrinks—meaning future cash inflows will be divided among fewer remaining tokens, potentially driving up the redemption value over time.
The Real Decision Facing Victims:
🔹 Option A (Immediate Liquidity): Burn DFX now to lock in ~1.04% cash today and walk away.
🔹 Option B (Long-Term Speculation): Hold DFX until the January 1, 2028 claim deadline, betting protocol revenues and partner injections significantly shrink the $295M hole.
💡 THE BOTTOM LINE:
This isn't an instant reimbursement—it is a long-term future cash flow claims system. The real question isn't how much victims get today, but whether the platform can generate enough sustained volume to make holding DFX worthwhile.
💬 IF YOU HAD LOSSES, WOULD YOU TAKE THE 1% TODAY OR BET ON THE PROTOCOL REBUILD? DROP YOUR STRATEGY BELOW! 👇
#SolanaTokenizedStockVolumeTops$4.4BInSeptember #IMFApprovesElSalvador$138MWithBitcoinWaiver #Dogecoin #crypto
#drifthackvictimsbeginclaims
🚨🔥 DRIFT HACK VICTIMS BEGIN DFX CLAIMS — BUT THERE’S A HUGE CATCH! 📊
Following the $295.4 Million exploit on April 1, victims of the Drift Protocol attack can now officially claim DFX recovery tokens (1 DFX per $1 of verified loss).
$ZAMA
At first glance, it sounds like a recovery plan—but looking closely at the math reveals a critical dilemma for affected users:
The Recovery Math Breakdown:
📌 Total Verified Losses: ~$295.4 Million
📌 Initial Recovery Pool: ~$3.11 Million
📌 Initial Redemption Rate: ~$0.0104 USDT per DFX (~1.04% payout)
This means a user with a $100,000 verified loss can immediately redeem roughly $1,040 in USDT.
$DFTX.US
⚠️ THE PERMANENT TRADEOFF MOST HEADLINES MISS:
Redeeming DFX tokens burns them permanently. Once redeemed, that holder forfeits all future upside from protocol revenue splits (60–90% net revenue allocation), partner commitments (including pledged Tether funds), and potential law enforcement asset recoveries.
As other victims burn their tokens to exit, the remaining unredeemed DFX supply shrinks—meaning future cash inflows will be divided among fewer remaining tokens, potentially driving up the redemption value over time.
The Real Decision Facing Victims:
🔹 Option A (Immediate Liquidity): Burn DFX now to lock in ~1.04% cash today and walk away.
🔹 Option B (Long-Term Speculation): Hold DFX until the January 1, 2028 claim deadline, betting protocol revenues and partner injections significantly shrink the $295M hole.
💡 THE BOTTOM LINE:
This isn't an instant reimbursement—it is a long-term future cash flow claims system. The real question isn't how much victims get today, but whether the platform can generate enough sustained volume to make holding DFX worthwhile.
💬 IF YOU HAD LOSSES, WOULD YOU TAKE THE 1% TODAY OR BET ON THE PROTOCOL REBUILD? DROP YOUR STRATEGY BELOW! 👇
#SolanaTokenizedStockVolumeTops$4.4BInSeptember #IMFApprovesElSalvador$138MWithBitcoinWaiver #Dogecoin #crypto
🚨🔥 DRIFT HACK VICTIMS BEGIN DFX CLAIMS — BUT THERE’S A HUGE CATCH! 📊
Following the $295.4 Million exploit on April 1, victims of the Drift Protocol attack can now officially claim DFX recovery tokens (1 DFX per $1 of verified loss).
$ZAMA
At first glance, it sounds like a recovery plan—but looking closely at the math reveals a critical dilemma for affected users:
The Recovery Math Breakdown:
📌 Total Verified Losses: ~$295.4 Million
📌 Initial Recovery Pool: ~$3.11 Million
📌 Initial Redemption Rate: ~$0.0104 USDT per DFX (~1.04% payout)
This means a user with a $100,000 verified loss can immediately redeem roughly $1,040 in USDT.
$DFTX.US
⚠️ THE PERMANENT TRADEOFF MOST HEADLINES MISS:
Redeeming DFX tokens burns them permanently. Once redeemed, that holder forfeits all future upside from protocol revenue splits (60–90% net revenue allocation), partner commitments (including pledged Tether funds), and potential law enforcement asset recoveries.
As other victims burn their tokens to exit, the remaining unredeemed DFX supply shrinks—meaning future cash inflows will be divided among fewer remaining tokens, potentially driving up the redemption value over time.
The Real Decision Facing Victims:
🔹 Option A (Immediate Liquidity): Burn DFX now to lock in ~1.04% cash today and walk away.
🔹 Option B (Long-Term Speculation): Hold DFX until the January 1, 2028 claim deadline, betting protocol revenues and partner injections significantly shrink the $295M hole.
💡 THE BOTTOM LINE:
This isn't an instant reimbursement—it is a long-term future cash flow claims system. The real question isn't how much victims get today, but whether the platform can generate enough sustained volume to make holding DFX worthwhile.
💬 IF YOU HAD LOSSES, WOULD YOU TAKE THE 1% TODAY OR BET ON THE PROTOCOL REBUILD? DROP YOUR STRATEGY BELOW! 👇
#SolanaTokenizedStockVolumeTops$4.4BInSeptember #IMFApprovesElSalvador$138MWithBitcoinWaiver #Dogecoin #crypto
12
#drifthackvictimsbeginclaims
Claims are officially live for the $295.4M exploit following Drift’s rebrand to Velocity, but the actual payout is a harsh reality check.
While users receive 1 DFX per $1 lost, thin liquidity in the recovery pool ($3.11M) means redemption sits at roughly $0.0104 on the dollar—recovering just ~$1,040 on a $100,000 loss.
Affected users now face a tough dilemma: exit immediately at ~1%, sell the claim on the open market, or hold out in hopes that future protocol revenue and recoveries boost redemption value.
$DRIFT
{future}(DRIFTUSDT)
$SOL
{future}(SOLUSDT)
$MAGMA
{future}(MAGMAUSDT)
#drifthackvictimsbeginclaims
Claims are officially live for the $295.4M exploit following Drift’s rebrand to Velocity, but the actual payout is a harsh reality check.
While users receive 1 DFX per $1 lost, thin liquidity in the recovery pool ($3.11M) means redemption sits at roughly $0.0104 on the dollar—recovering just ~$1,040 on a $100,000 loss.
Affected users now face a tough dilemma: exit immediately at ~1%, sell the claim on the open market, or hold out in hopes that future protocol revenue and recoveries boost redemption value.
$DRIFT
$SOL
$MAGMA
Claims are officially live for the $295.4M exploit following Drift’s rebrand to Velocity, but the actual payout is a harsh reality check.
While users receive 1 DFX per $1 lost, thin liquidity in the recovery pool ($3.11M) means redemption sits at roughly $0.0104 on the dollar—recovering just ~$1,040 on a $100,000 loss.
Affected users now face a tough dilemma: exit immediately at ~1%, sell the claim on the open market, or hold out in hopes that future protocol revenue and recoveries boost redemption value.
$DRIFT
$SOL
$MAGMA
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#drifthackvictimsbeginclaims
$295M was lost. The first recovery offer is only ~1%.
This is the part of the Drift hack story I’m paying attention to.
Victims of the April 1 exploit can now claim DFX recovery tokens. The allocation is 1 DFX for every $1 of verified loss.
Sounds like recovery. But look at the numbers:
Verified losses: ~$295.4M Initial recovery pool: ~$3.11M Initial redemption: ~$0.0104 per DFX
So a victim with a verified $100,000 loss could initially redeem roughly $1,040.
That changes how I look at the whole mechanism.
This isn't a $295M reimbursement sitting somewhere waiting to be distributed. It is a future-recovery system whose value depends on what happens next: protocol revenue, recovered assets, partner commitments and additional funds entering the pool.
And there is an important trade-off:
Redeeming DFX burns the tokens. The redemption is irreversible. Victims give up the future recovery attached to those tokens.
So victims aren't simply choosing between “claim” and “don't claim.”
They're choosing between liquidity today vs. potential recovery later.
That is the part most headlines miss.
The real question isn't:
“How much can victims recover today?”
It's:
“Can this recovery mechanism generate enough future cash flow to meaningfully close a $295M hole?”
That's a much harder question.
And that's what I'll be watching.
Would you take the ~1% now, or hold DFX for potential future recovery? 👇
#DriftHackVictimsBeginClaims #DRIFT #defi #crypto
#drifthackvictimsbeginclaims
$295M was lost. The first recovery offer is only ~1%.
This is the part of the Drift hack story I’m paying attention to.
Victims of the April 1 exploit can now claim DFX recovery tokens. The allocation is 1 DFX for every $1 of verified loss.
Sounds like recovery. But look at the numbers:
Verified losses: ~$295.4M Initial recovery pool: ~$3.11M Initial redemption: ~$0.0104 per DFX
So a victim with a verified $100,000 loss could initially redeem roughly $1,040.
That changes how I look at the whole mechanism.
This isn't a $295M reimbursement sitting somewhere waiting to be distributed. It is a future-recovery system whose value depends on what happens next: protocol revenue, recovered assets, partner commitments and additional funds entering the pool.
And there is an important trade-off:
Redeeming DFX burns the tokens. The redemption is irreversible. Victims give up the future recovery attached to those tokens.
So victims aren't simply choosing between “claim” and “don't claim.”
They're choosing between liquidity today vs. potential recovery later.
That is the part most headlines miss.
The real question isn't:
“How much can victims recover today?”
It's:
“Can this recovery mechanism generate enough future cash flow to meaningfully close a $295M hole?”
That's a much harder question.
And that's what I'll be watching.
Would you take the ~1% now, or hold DFX for potential future recovery? 👇
#DriftHackVictimsBeginClaims #DRIFT #defi #crypto
$295M was lost. The first recovery offer is only ~1%.
This is the part of the Drift hack story I’m paying attention to.
Victims of the April 1 exploit can now claim DFX recovery tokens. The allocation is 1 DFX for every $1 of verified loss.
Sounds like recovery. But look at the numbers:
Verified losses: ~$295.4M Initial recovery pool: ~$3.11M Initial redemption: ~$0.0104 per DFX
So a victim with a verified $100,000 loss could initially redeem roughly $1,040.
That changes how I look at the whole mechanism.
This isn't a $295M reimbursement sitting somewhere waiting to be distributed. It is a future-recovery system whose value depends on what happens next: protocol revenue, recovered assets, partner commitments and additional funds entering the pool.
And there is an important trade-off:
Redeeming DFX burns the tokens. The redemption is irreversible. Victims give up the future recovery attached to those tokens.
So victims aren't simply choosing between “claim” and “don't claim.”
They're choosing between liquidity today vs. potential recovery later.
That is the part most headlines miss.
The real question isn't:
“How much can victims recover today?”
It's:
“Can this recovery mechanism generate enough future cash flow to meaningfully close a $295M hole?”
That's a much harder question.
And that's what I'll be watching.
Would you take the ~1% now, or hold DFX for potential future recovery? 👇
#DriftHackVictimsBeginClaims #DRIFT #defi #crypto
Binance BiBi:
Working on it. Your reply is on the way.
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1
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#DriftHackVictimsBeginClaims 🚨
WHAT HAPPENS AFTER AN EXPLOITATION OF $295M?
Months later
Drift
after having undergone an exploitation valued at approximately $295.4M, the recovery process entered a new critical phase.
A compensation token is now at the heart of the plan, backed by a recovery fund that should grow over time.
$DRIFT
But its initial value sparked frustration among the affected users.
$GTC
{future}(GTCUSDT)
$PUMPBTC
{future}(PUMPBTCUSDT)
$1000000BOB
{future}(1000000BOBUSDT)
#DriftHackVictimsBeginClaims 🚨
WHAT HAPPENS AFTER AN EXPLOITATION OF $295M?
Months later
Drift
after having undergone an exploitation valued at approximately $295.4M, the recovery process entered a new critical phase.
A compensation token is now at the heart of the plan, backed by a recovery fund that should grow over time.
$DRIFT
But its initial value sparked frustration among the affected users.
$GTC
$PUMPBTC
$1000000BOB
WHAT HAPPENS AFTER AN EXPLOITATION OF $295M?
Months later
Drift
after having undergone an exploitation valued at approximately $295.4M, the recovery process entered a new critical phase.
A compensation token is now at the heart of the plan, backed by a recovery fund that should grow over time.
$DRIFT
But its initial value sparked frustration among the affected users.
$GTC
$PUMPBTC
$1000000BOB
19
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Drift hack victims finally have a way to recover some of their losses. 👀
Users affected by April’s roughly $295M exploit can now claim DFX recovery tokens. Each $1 of verified loss gives users 1 DFX, but the initial redemption value is only around $0.0104 per token — roughly 1% of the original loss.
The recovery pool started with about $3.1M and is expected to grow through protocol revenue, recovered assets and partner support. Victims can redeem, sell, or hold DFX for potentially higher future recovery. The catch? Redeeming burns the tokens and gives up future payouts.#DriftHackVictimsBeginClaims
Drift hack victims finally have a way to recover some of their losses. 👀
Users affected by April’s roughly $295M exploit can now claim DFX recovery tokens. Each $1 of verified loss gives users 1 DFX, but the initial redemption value is only around $0.0104 per token — roughly 1% of the original loss.
The recovery pool started with about $3.1M and is expected to grow through protocol revenue, recovered assets and partner support. Victims can redeem, sell, or hold DFX for potentially higher future recovery. The catch? Redeeming burns the tokens and gives up future payouts.#DriftHackVictimsBeginClaims
Users affected by April’s roughly $295M exploit can now claim DFX recovery tokens. Each $1 of verified loss gives users 1 DFX, but the initial redemption value is only around $0.0104 per token — roughly 1% of the original loss.
The recovery pool started with about $3.1M and is expected to grow through protocol revenue, recovered assets and partner support. Victims can redeem, sell, or hold DFX for potentially higher future recovery. The catch? Redeeming burns the tokens and gives up future payouts.#DriftHackVictimsBeginClaims
82
#drifthackvictimsbeginclaims
#DRIFT — DFX CLAIMS ARE FINALLY ROLLING OUT!
After months of waiting, victims of the April 1 exploit are finally getting a chance to claim their DFX funds.
Now the biggest question:
Will users actually get their money back?
Or will this turn into another crypto ghost story?
The claims process is moving — now it’s time to see the outcome.
$DRIFT $US $BR
#drifthackvictimsbeginclaims
#DRIFT — DFX CLAIMS ARE FINALLY ROLLING OUT!
After months of waiting, victims of the April 1 exploit are finally getting a chance to claim their DFX funds.
Now the biggest question:
Will users actually get their money back?
Or will this turn into another crypto ghost story?
The claims process is moving — now it’s time to see the outcome.
$DRIFT $US $BR
#DRIFT — DFX CLAIMS ARE FINALLY ROLLING OUT!
After months of waiting, victims of the April 1 exploit are finally getting a chance to claim their DFX funds.
Now the biggest question:
Will users actually get their money back?
Or will this turn into another crypto ghost story?
The claims process is moving — now it’s time to see the outcome.
$DRIFT $US $BR
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#drifthackvictimsbeginclaims ⚠️
$DRIFT : RECOVERY CLAIMS
OPEN, PAYOUTS START NEAR 1%
Victims of Drift
’s April exploit can now claim DFX recovery tokens, with one DFX allocated per USDT of verified losses.
Initial redemptions pay approximately 0.0104 USDT per DFX.
Redeeming burns those tokens and forfeits future payouts attached to them. Holders can instead retain DFX while waiting for additional recovery funding.$NIGHT $QNT
#drifthackvictimsbeginclaims ⚠️
$DRIFT : RECOVERY CLAIMS
OPEN, PAYOUTS START NEAR 1%
Victims of Drift
’s April exploit can now claim DFX recovery tokens, with one DFX allocated per USDT of verified losses.
Initial redemptions pay approximately 0.0104 USDT per DFX.
Redeeming burns those tokens and forfeits future payouts attached to them. Holders can instead retain DFX while waiting for additional recovery funding.$NIGHT $QNT
$DRIFT : RECOVERY CLAIMS
OPEN, PAYOUTS START NEAR 1%
Victims of Drift
’s April exploit can now claim DFX recovery tokens, with one DFX allocated per USDT of verified losses.
Initial redemptions pay approximately 0.0104 USDT per DFX.
Redeeming burns those tokens and forfeits future payouts attached to them. Holders can instead retain DFX while waiting for additional recovery funding.$NIGHT $QNT
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#drifthackvictimsbeginclaims Drift opens exploit recovery claims
at 1% payout; $147.5M in pledges still pending
Decentralized exchange Velocity (formerly
Drift) opened claims
Friday for users who lost funds in its April exploit. Users receive one DFX recovery token per USDT lost and can redeem for stablecoin from the recovery pool, sell on secondary markets, or hold for future funding rounds.
• Current redemption rate: roughly 0.01 USDT per DFX token (1% of losses)
• Recovery pool: 3.11 million USDT from protocol assets; 216,480 DFX redeemed for ~2,250 USDT in first day
• Stolen in April 1 attack: $295.4 million; North Korean group UNC6862 identified as attacker$DRIFT $BREV $GMX
#drifthackvictimsbeginclaims Drift opens exploit recovery claims
at 1% payout; $147.5M in pledges still pending
Decentralized exchange Velocity (formerly
Drift) opened claims
Friday for users who lost funds in its April exploit. Users receive one DFX recovery token per USDT lost and can redeem for stablecoin from the recovery pool, sell on secondary markets, or hold for future funding rounds.
• Current redemption rate: roughly 0.01 USDT per DFX token (1% of losses)
• Recovery pool: 3.11 million USDT from protocol assets; 216,480 DFX redeemed for ~2,250 USDT in first day
• Stolen in April 1 attack: $295.4 million; North Korean group UNC6862 identified as attacker$DRIFT $BREV $GMX
at 1% payout; $147.5M in pledges still pending
Decentralized exchange Velocity (formerly
Drift) opened claims
Friday for users who lost funds in its April exploit. Users receive one DFX recovery token per USDT lost and can redeem for stablecoin from the recovery pool, sell on secondary markets, or hold for future funding rounds.
• Current redemption rate: roughly 0.01 USDT per DFX token (1% of losses)
• Recovery pool: 3.11 million USDT from protocol assets; 216,480 DFX redeemed for ~2,250 USDT in first day
• Stolen in April 1 attack: $295.4 million; North Korean group UNC6862 identified as attacker$DRIFT $BREV $GMX
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#drifthackvictimsbeginclaims 🚨
WHAT HAPPENS AFTER A $295M EXPLOIT?
Months after
Drift
suffered an exploit worth roughly $295.4M, the recovery process has entered a critical new phase.
A compensation token is now at the center of the plan, backed by a Recovery Pool that is expected to grow over time.
$DRIFT
But its initial value has triggered frustration among affected users.$STX $SUI
#drifthackvictimsbeginclaims 🚨
WHAT HAPPENS AFTER A $295M EXPLOIT?
Months after
Drift
suffered an exploit worth roughly $295.4M, the recovery process has entered a critical new phase.
A compensation token is now at the center of the plan, backed by a Recovery Pool that is expected to grow over time.
$DRIFT
But its initial value has triggered frustration among affected users.$STX $SUI
WHAT HAPPENS AFTER A $295M EXPLOIT?
Months after
Drift
suffered an exploit worth roughly $295.4M, the recovery process has entered a critical new phase.
A compensation token is now at the center of the plan, backed by a Recovery Pool that is expected to grow over time.
$DRIFT
But its initial value has triggered frustration among affected users.$STX $SUI
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#drifthackvictimsbeginclaims Drift
’s Oct. 1 recovery quote covered about 1.04% of verified losses. That is a launch figure, not today’s payout rate.
Redeeming DFX burns those tokens and ends their share of future recovery deposits.$1000BONK $NOM $ATH
#drifthackvictimsbeginclaims Drift
’s Oct. 1 recovery quote covered about 1.04% of verified losses. That is a launch figure, not today’s payout rate.
Redeeming DFX burns those tokens and ends their share of future recovery deposits.$1000BONK $NOM $ATH
’s Oct. 1 recovery quote covered about 1.04% of verified losses. That is a launch figure, not today’s payout rate.
Redeeming DFX burns those tokens and ends their share of future recovery deposits.$1000BONK $NOM $ATH
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#drifthackvictimsbeginclaims VELOCITY DEX (formerly Drift Protocol) has opened claims
for users affected by the April exploit.
Users can claim DFX tokens, each representing $1 of verified losses, redeemable for USDT as the Recovery Pool grows.
Deadline: Jan 1, 2028.$0G $XLM $FLUX
#drifthackvictimsbeginclaims VELOCITY DEX (formerly Drift Protocol) has opened claims
for users affected by the April exploit.
Users can claim DFX tokens, each representing $1 of verified losses, redeemable for USDT as the Recovery Pool grows.
Deadline: Jan 1, 2028.$0G $XLM $FLUX
for users affected by the April exploit.
Users can claim DFX tokens, each representing $1 of verified losses, redeemable for USDT as the Recovery Pool grows.
Deadline: Jan 1, 2028.$0G $XLM $FLUX
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#drifthackvictimsbeginclaims Drift Foundation opens DFX claims for the $295.4M April exploit — victims can redeem roughly 1 cent per dollar lost, with the pool meant to grow through 2028 via Velocity revenue and recovered funds.$DRIFT $VELVET $MOVR
#drifthackvictimsbeginclaims Drift Foundation opens DFX claims for the $295.4M April exploit — victims can redeem roughly 1 cent per dollar lost, with the pool meant to grow through 2028 via Velocity revenue and recovered funds.$DRIFT $VELVET $MOVR
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#drifthackvictimsbeginclaims 🚨
ALERT: Drift opens exploit recovery claims
with initial payouts of just over 1% of user losses
🟢
Bullish: 45%
•
Claims
process now open with DFX tokens issued one-for-one against USDT losses
• Recovery pool starts at 3.11 million USDT from protocol assets plus planned 60-90% revenue sweeps
• Tether committed up to 127.5 million dollars and partners up to 20 million dollars in support
• About 9.2 million dollars in stolen funds frozen and potentially headed to the pool
🔴
Bearish: 55%
• Current redemption yields only a little over 1 percent recovery per dollar lost
• Just 31 USDT added from revenue after the first day
• Approximately 295.4 million dollars stolen with most still held by the attacker
📊
Trade on Polymarket:$DRIFT $US $BR
#drifthackvictimsbeginclaims 🚨
ALERT: Drift opens exploit recovery claims
with initial payouts of just over 1% of user losses
🟢
Bullish: 45%
•
Claims
process now open with DFX tokens issued one-for-one against USDT losses
• Recovery pool starts at 3.11 million USDT from protocol assets plus planned 60-90% revenue sweeps
• Tether committed up to 127.5 million dollars and partners up to 20 million dollars in support
• About 9.2 million dollars in stolen funds frozen and potentially headed to the pool
🔴
Bearish: 55%
• Current redemption yields only a little over 1 percent recovery per dollar lost
• Just 31 USDT added from revenue after the first day
• Approximately 295.4 million dollars stolen with most still held by the attacker
📊
Trade on Polymarket:$DRIFT $US $BR
ALERT: Drift opens exploit recovery claims
with initial payouts of just over 1% of user losses
🟢
Bullish: 45%
•
Claims
process now open with DFX tokens issued one-for-one against USDT losses
• Recovery pool starts at 3.11 million USDT from protocol assets plus planned 60-90% revenue sweeps
• Tether committed up to 127.5 million dollars and partners up to 20 million dollars in support
• About 9.2 million dollars in stolen funds frozen and potentially headed to the pool
🔴
Bearish: 55%
• Current redemption yields only a little over 1 percent recovery per dollar lost
• Just 31 USDT added from revenue after the first day
• Approximately 295.4 million dollars stolen with most still held by the attacker
📊
Trade on Polymarket:$DRIFT $US $BR
13
Article
Drift Hack Victims Begin Claims#DriftHackVictimsBeginClaims
Background
On April 1, 2026, Drift Protocol (Solana-based perpetual futures exchange) suffered a sophisticated exploit resulting in ≈ $295.4 million in verified user losses.
The attack was a 6-month social engineering operation attributed (with medium-to-high confidence by Mandiant and SEAL 911) to North Korean state-affiliated actors (UNC groups, linked to prior incidents such as Radiant Capital). Attackers posed as a quantitative trading firm, met contributors in person at multiple conferences, deposited capital to build trust, and compromised systems leading to a rapid drain of funds.
The protocol was later rebuilt and relaunched elements as Velocity DEX (USDT-settled perps exchange), with leadership changes including co-founder Cindy Leow stepping down in late September 2026.
DFX Recovery Claims Now Open
Claims & redemptions started: October 1, 2026Official portal: dfx drift trade Allocation: 1 DFX token = 1 USDT of verified loss (snapshot taken at protocol pause: ~18:31 UTC on April 1, 2026)Total fixed DFX supply: 299,500,810.998 tokens (no new minting ever)Claim window closes: 00:00 UTC on January 1, 2028Unclaimed DFX is permanently burned (increasing the relative value for remaining holders)
How to claim (official guidance):
Use the exact wallet that controlled your Drift account on April 1, 2026.Visit dfx drift trade and connect that wallet (needs a small amount of SOL for fees).View allocation via Merkle proof check.Accept terms and claim.
DFX is a standard Solana SPL token, freely transferable and tradable (e.g., on Raydium). It is completely separate from the DRIFT governance token.Initial Recovery Economics (Launch Data)
Recovery Pool balance at launch: ≈ $3.11 million USDTInitial redemption rate: ≈ 0.0104 USDT per DFX (≈ 1.04 cents per dollar lost)Example: $1,000 verified loss → ≈ $10.40 immediate redemption$100,000 loss → ≈ $1,040
Redemption formula: Recovery Pool Balance ÷ Outstanding DFX Supply.
Redeeming burns the DFX and is irreversible (you forfeit future pool growth on those tokens).
Early Activity Stats (First Days)
First Friday after launch: ≈ 216,480 DFX redeemed for ≈ 2,250 USDTVelocity’s first daily revenue transfer into the pool: only 31 USDTLow early redemption volume indicates most holders are waiting for potential pool growth rather than taking the ~1% immediate recovery.
Future Funding Sources for the Recovery Pool
The pool grows daily (at 00:00 UTC) until it reaches the full verified loss amount (~$295.4M):
Velocity Net Protocol Revenue (tiered share):60% of first $30,000 daily revenue70% of next $70,00090% of revenue above $100,000Tether commitment: Up to $127.5 million USDT (matched/deployment linked to relaunch & recovery — not a one-time lump sum already received)Strategic partners: Up to $20 million USDTRecovered stolen assets (any freezes, bounties, or law-enforcement recoveries)
Stolen funds tracking (as of late September / early October updates):
≈ 130,259 ETH concentrated across four Ethereum wallets (majority unmoved)≈ 23,094 ETH previously passed through Tornado Cash≈ $9.2 million in assets frozen at other addresses
Data Analysis & Key Insights
Initial recovery rate ≈ 1.04%: This is a distressed, progressive mechanism — not a full bailout. Immediate cash-out delivers very low recovery.Upside for holders: Every new deposit into the pool increases the redemption value of remaining DFX. Early redeemers exit at low rates and give up future upside.Supply dynamics: Fixed supply + burning of redeemed/unclaimed tokens creates a shrinking outstanding supply, which mathematically supports higher per-token value over time if inflows materialize.Dependency risk: Recovery speed depends heavily on Velocity’s trading volume/revenue growth + actual delivery of Tether/partner commitments + successful asset recovery. Early revenue contribution was negligible.Opportunity cost: Holding DFX is a bet on the long-term success of the relaunched exchange and external support. Selling on secondary markets provides liquidity but at market-determined prices (which may differ from the official redemption rate).Scale comparison: $295.4M verified losses vs. $3.11M starting pool highlights the multi-year runway required for meaningful recovery under the current structure.
Important Warnings
Official team will never DM you, ask for fees, private keys, or seed phrases.Only connect wallets on the official portal: dfx.drift.trade.There is an independent Drift Victims Committee (@DriftVictims) focused on coordination, FBI IC3 reporting, anti-scam guidance, and collective action.Separate proposed class action exists involving Circle (USDC) regarding freezing of certain funds — distinct from the DFX process.Always review full DFX terms before claiming or redeeming. Consider personal legal/tax implications.
This is a progressive recovery framework designed around platform performance rather than immediate full reimbursement. Values, pool size, and rates will evolve with inflows and redemptions.
Sources: Official Drift Foundation updates (drift.trade), dfx.drift.trade portal, and contemporaneous reports from KuCoin, CryptoSlate, Unchained, Solana Compass, and on-chain trackers (October 1–4, 2026 data).
$NVDAB $SOL $SUI
#SolanaTokenizedStockVolumeTops$4.4BInSeptember #BitcoinSpotETFsDraw$6.34BInflowsInQ3 #BinanceSquare
{future}(SOLUSDT)
{spot}(SOLUSDT)
{spot}(BTCUSDT)
[Click here for Article "Ethereum Validator Exit Queue Surges 393%"](https://app.binance.com/uni-qr/cart/373893983611386?r=bubuyvnj&l=en&uco=cuthsvmhrnhukta6pswucq&uc=app_square_share_link&us=copylink)
(Not financial advice. DYOR. Verify all details on official channels.)
Drift Hack Victims Begin Claims
#DriftHackVictimsBeginClaims
Background
On April 1, 2026, Drift Protocol (Solana-based perpetual futures exchange) suffered a sophisticated exploit resulting in ≈ $295.4 million in verified user losses.
The attack was a 6-month social engineering operation attributed (with medium-to-high confidence by Mandiant and SEAL 911) to North Korean state-affiliated actors (UNC groups, linked to prior incidents such as Radiant Capital). Attackers posed as a quantitative trading firm, met contributors in person at multiple conferences, deposited capital to build trust, and compromised systems leading to a rapid drain of funds.
The protocol was later rebuilt and relaunched elements as Velocity DEX (USDT-settled perps exchange), with leadership changes including co-founder Cindy Leow stepping down in late September 2026.
DFX Recovery Claims Now Open
Claims & redemptions started: October 1, 2026Official portal: dfx drift trade Allocation: 1 DFX token = 1 USDT of verified loss (snapshot taken at protocol pause: ~18:31 UTC on April 1, 2026)Total fixed DFX supply: 299,500,810.998 tokens (no new minting ever)Claim window closes: 00:00 UTC on January 1, 2028Unclaimed DFX is permanently burned (increasing the relative value for remaining holders)
How to claim (official guidance):
Use the exact wallet that controlled your Drift account on April 1, 2026.Visit dfx drift trade and connect that wallet (needs a small amount of SOL for fees).View allocation via Merkle proof check.Accept terms and claim.
DFX is a standard Solana SPL token, freely transferable and tradable (e.g., on Raydium). It is completely separate from the DRIFT governance token.Initial Recovery Economics (Launch Data)
Recovery Pool balance at launch: ≈ $3.11 million USDTInitial redemption rate: ≈ 0.0104 USDT per DFX (≈ 1.04 cents per dollar lost)Example: $1,000 verified loss → ≈ $10.40 immediate redemption$100,000 loss → ≈ $1,040
Redemption formula: Recovery Pool Balance ÷ Outstanding DFX Supply.
Redeeming burns the DFX and is irreversible (you forfeit future pool growth on those tokens).
Early Activity Stats (First Days)
First Friday after launch: ≈ 216,480 DFX redeemed for ≈ 2,250 USDTVelocity’s first daily revenue transfer into the pool: only 31 USDTLow early redemption volume indicates most holders are waiting for potential pool growth rather than taking the ~1% immediate recovery.
Future Funding Sources for the Recovery Pool
The pool grows daily (at 00:00 UTC) until it reaches the full verified loss amount (~$295.4M):
Velocity Net Protocol Revenue (tiered share):60% of first $30,000 daily revenue70% of next $70,00090% of revenue above $100,000Tether commitment: Up to $127.5 million USDT (matched/deployment linked to relaunch & recovery — not a one-time lump sum already received)Strategic partners: Up to $20 million USDTRecovered stolen assets (any freezes, bounties, or law-enforcement recoveries)
Stolen funds tracking (as of late September / early October updates):
≈ 130,259 ETH concentrated across four Ethereum wallets (majority unmoved)≈ 23,094 ETH previously passed through Tornado Cash≈ $9.2 million in assets frozen at other addresses
Data Analysis & Key Insights
Initial recovery rate ≈ 1.04%: This is a distressed, progressive mechanism — not a full bailout. Immediate cash-out delivers very low recovery.Upside for holders: Every new deposit into the pool increases the redemption value of remaining DFX. Early redeemers exit at low rates and give up future upside.Supply dynamics: Fixed supply + burning of redeemed/unclaimed tokens creates a shrinking outstanding supply, which mathematically supports higher per-token value over time if inflows materialize.Dependency risk: Recovery speed depends heavily on Velocity’s trading volume/revenue growth + actual delivery of Tether/partner commitments + successful asset recovery. Early revenue contribution was negligible.Opportunity cost: Holding DFX is a bet on the long-term success of the relaunched exchange and external support. Selling on secondary markets provides liquidity but at market-determined prices (which may differ from the official redemption rate).Scale comparison: $295.4M verified losses vs. $3.11M starting pool highlights the multi-year runway required for meaningful recovery under the current structure.
Important Warnings
Official team will never DM you, ask for fees, private keys, or seed phrases.Only connect wallets on the official portal: dfx.drift.trade.There is an independent Drift Victims Committee (@DriftVictims) focused on coordination, FBI IC3 reporting, anti-scam guidance, and collective action.Separate proposed class action exists involving Circle (USDC) regarding freezing of certain funds — distinct from the DFX process.Always review full DFX terms before claiming or redeeming. Consider personal legal/tax implications.
This is a progressive recovery framework designed around platform performance rather than immediate full reimbursement. Values, pool size, and rates will evolve with inflows and redemptions.
Sources: Official Drift Foundation updates (drift.trade), dfx.drift.trade portal, and contemporaneous reports from KuCoin, CryptoSlate, Unchained, Solana Compass, and on-chain trackers (October 1–4, 2026 data).
$NVDAB $SOL $SUI
#SolanaTokenizedStockVolumeTops$4.4BInSeptember #BitcoinSpotETFsDraw$6.34BInflowsInQ3 #BinanceSquare
Click here for Article "Ethereum Validator Exit Queue Surges 393%"
(Not financial advice. DYOR. Verify all details on official channels.)
Background
On April 1, 2026, Drift Protocol (Solana-based perpetual futures exchange) suffered a sophisticated exploit resulting in ≈ $295.4 million in verified user losses.
The attack was a 6-month social engineering operation attributed (with medium-to-high confidence by Mandiant and SEAL 911) to North Korean state-affiliated actors (UNC groups, linked to prior incidents such as Radiant Capital). Attackers posed as a quantitative trading firm, met contributors in person at multiple conferences, deposited capital to build trust, and compromised systems leading to a rapid drain of funds.
The protocol was later rebuilt and relaunched elements as Velocity DEX (USDT-settled perps exchange), with leadership changes including co-founder Cindy Leow stepping down in late September 2026.
DFX Recovery Claims Now Open
Claims & redemptions started: October 1, 2026Official portal: dfx drift trade Allocation: 1 DFX token = 1 USDT of verified loss (snapshot taken at protocol pause: ~18:31 UTC on April 1, 2026)Total fixed DFX supply: 299,500,810.998 tokens (no new minting ever)Claim window closes: 00:00 UTC on January 1, 2028Unclaimed DFX is permanently burned (increasing the relative value for remaining holders)
How to claim (official guidance):
Use the exact wallet that controlled your Drift account on April 1, 2026.Visit dfx drift trade and connect that wallet (needs a small amount of SOL for fees).View allocation via Merkle proof check.Accept terms and claim.
DFX is a standard Solana SPL token, freely transferable and tradable (e.g., on Raydium). It is completely separate from the DRIFT governance token.Initial Recovery Economics (Launch Data)
Recovery Pool balance at launch: ≈ $3.11 million USDTInitial redemption rate: ≈ 0.0104 USDT per DFX (≈ 1.04 cents per dollar lost)Example: $1,000 verified loss → ≈ $10.40 immediate redemption$100,000 loss → ≈ $1,040
Redemption formula: Recovery Pool Balance ÷ Outstanding DFX Supply.
Redeeming burns the DFX and is irreversible (you forfeit future pool growth on those tokens).
Early Activity Stats (First Days)
First Friday after launch: ≈ 216,480 DFX redeemed for ≈ 2,250 USDTVelocity’s first daily revenue transfer into the pool: only 31 USDTLow early redemption volume indicates most holders are waiting for potential pool growth rather than taking the ~1% immediate recovery.
Future Funding Sources for the Recovery Pool
The pool grows daily (at 00:00 UTC) until it reaches the full verified loss amount (~$295.4M):
Velocity Net Protocol Revenue (tiered share):60% of first $30,000 daily revenue70% of next $70,00090% of revenue above $100,000Tether commitment: Up to $127.5 million USDT (matched/deployment linked to relaunch & recovery — not a one-time lump sum already received)Strategic partners: Up to $20 million USDTRecovered stolen assets (any freezes, bounties, or law-enforcement recoveries)
Stolen funds tracking (as of late September / early October updates):
≈ 130,259 ETH concentrated across four Ethereum wallets (majority unmoved)≈ 23,094 ETH previously passed through Tornado Cash≈ $9.2 million in assets frozen at other addresses
Data Analysis & Key Insights
Initial recovery rate ≈ 1.04%: This is a distressed, progressive mechanism — not a full bailout. Immediate cash-out delivers very low recovery.Upside for holders: Every new deposit into the pool increases the redemption value of remaining DFX. Early redeemers exit at low rates and give up future upside.Supply dynamics: Fixed supply + burning of redeemed/unclaimed tokens creates a shrinking outstanding supply, which mathematically supports higher per-token value over time if inflows materialize.Dependency risk: Recovery speed depends heavily on Velocity’s trading volume/revenue growth + actual delivery of Tether/partner commitments + successful asset recovery. Early revenue contribution was negligible.Opportunity cost: Holding DFX is a bet on the long-term success of the relaunched exchange and external support. Selling on secondary markets provides liquidity but at market-determined prices (which may differ from the official redemption rate).Scale comparison: $295.4M verified losses vs. $3.11M starting pool highlights the multi-year runway required for meaningful recovery under the current structure.
Important Warnings
Official team will never DM you, ask for fees, private keys, or seed phrases.Only connect wallets on the official portal: dfx.drift.trade.There is an independent Drift Victims Committee (@DriftVictims) focused on coordination, FBI IC3 reporting, anti-scam guidance, and collective action.Separate proposed class action exists involving Circle (USDC) regarding freezing of certain funds — distinct from the DFX process.Always review full DFX terms before claiming or redeeming. Consider personal legal/tax implications.
This is a progressive recovery framework designed around platform performance rather than immediate full reimbursement. Values, pool size, and rates will evolve with inflows and redemptions.
Sources: Official Drift Foundation updates (drift.trade), dfx.drift.trade portal, and contemporaneous reports from KuCoin, CryptoSlate, Unchained, Solana Compass, and on-chain trackers (October 1–4, 2026 data).
$NVDAB $SOL $SUI
#SolanaTokenizedStockVolumeTops$4.4BInSeptember #BitcoinSpotETFsDraw$6.34BInflowsInQ3 #BinanceSquare
Click here for Article "Ethereum Validator Exit Queue Surges 393%"
(Not financial advice. DYOR. Verify all details on official channels.)
1
113
·
--
#drifthackvictimsbeginclaims A trader who lost $100,000 in the Drift hack
can currently cash out his compensation for about $1,040.
Drift, now Velocity, has finally opened claims
for the $295.4M stolen from users in April.
Victims
get 1 DFX compensation token for every $1 they lost.
Sounds fair until you try to redeem it.
There is only $3.11M in the recovery pool right now, so each $1 DFX claim currently redeems for about $0.0104.
Basically $1 back for every $100 lost.
The stranger part is victims can either take that 1% now, sell the DFX on the market, or keep holding and hope future protocol revenue, recovered funds and promised partner money eventually push the redemption value higher.$DRIFT $SPORTFUN $MAGMA
{alpha}(CT_7840x9f854b3ad20f8161ec0886f15f4a1752bf75d22261556f14cc8d3a1c5d50e529::magma::MAGMA)
#drifthackvictimsbeginclaims A trader who lost $100,000 in the Drift hack
can currently cash out his compensation for about $1,040.
Drift, now Velocity, has finally opened claims
for the $295.4M stolen from users in April.
Victims
get 1 DFX compensation token for every $1 they lost.
Sounds fair until you try to redeem it.
There is only $3.11M in the recovery pool right now, so each $1 DFX claim currently redeems for about $0.0104.
Basically $1 back for every $100 lost.
The stranger part is victims can either take that 1% now, sell the DFX on the market, or keep holding and hope future protocol revenue, recovered funds and promised partner money eventually push the redemption value higher.$DRIFT $SPORTFUN $MAGMA
can currently cash out his compensation for about $1,040.
Drift, now Velocity, has finally opened claims
for the $295.4M stolen from users in April.
Victims
get 1 DFX compensation token for every $1 they lost.
Sounds fair until you try to redeem it.
There is only $3.11M in the recovery pool right now, so each $1 DFX claim currently redeems for about $0.0104.
Basically $1 back for every $100 lost.
The stranger part is victims can either take that 1% now, sell the DFX on the market, or keep holding and hope future protocol revenue, recovered funds and promised partner money eventually push the redemption value higher.$DRIFT $SPORTFUN $MAGMA
加密之王CRYPTO KINGAMi:
This is heartbreaking - $100k lost and only $1k back is just 1%. The DFX model sounds good on paper but the recovery pool is too small. Hope they increase the pool and get partner funds soon, victims deserve full compensation.
1
4
7.5k
·
--
#drifthackvictimsbeginclaims Drift has opened claims for DFX, the recovery token for users hit by its April 1 exploit. Each verified USDT lost gets 1 DFX, which redeems for about 0.0104 USDT at launch from a pool that grows with the rebuilt exchange's revenue.$DRIFT $SKYAI $MON
#drifthackvictimsbeginclaims Drift has opened claims for DFX, the recovery token for users hit by its April 1 exploit. Each verified USDT lost gets 1 DFX, which redeems for about 0.0104 USDT at launch from a pool that grows with the rebuilt exchange's revenue.$DRIFT $SKYAI $MON
1
1
2.2k
·
--
#drifthackvictimsbeginclaims Drift finally rolling out DFX claims for April 1 exploit victims
📈
Time to see if users can actually get their funds back or if this is just another ghost story
👻$DRIFT $US $BR
#drifthackvictimsbeginclaims Drift finally rolling out DFX claims for April 1 exploit victims
📈
Time to see if users can actually get their funds back or if this is just another ghost story
👻$DRIFT $US $BR
📈
Time to see if users can actually get their funds back or if this is just another ghost story
👻$DRIFT $US $BR
1
4.3k
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