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Drift Opens DFX Recovery Claims with Initial Payouts Near 1% of Losses

Summary by crypto.news
The Drift Foundation has opened DFX recovery claims and redemptions for victims of its April 1 exploit, with roughly 3.11 million USDT available and initial payouts near 1% of verified losses. The Drift Foundation announced on Oct. 1 that affected…

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Drift Protocol announced on Thursday (1st) the start of compensation payments for victims who lost their funds in the project. The attack took place on April 1st, exactly six months ago, and resulted in losses of $285.3 million. The amount to be reimbursed, however, is only $3.1 million, [...] Source: Drift Protocol announces distribution of funds for victims of attack, but value represents only 1.1% of losses See more news about Bitcoin. Follow…

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DriftFDN Launches DFX Claims for $295M User Losses

DriftFDN has opened a claims process for users affected by a $295 million loss. This move may have significant implications for DeFi users going forward.

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Cryptocurrency News | Cryptocurrency Prices | Market Cap broke the news on Thursday, October 1, 2026.
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