Drift opens DFX recovery token claims for April exploit victims
- Published
- Updated
- Since then
- 5 new reports
Drift opened DFX claims and redemptions for users affected by the April exploit, with verified losses converted into DFX at a one-to-one rate in the materials released around October 1. The recovery pool is listed at 3.11 million USDT, and the claim window stays open until January 1, 2028. The event remains tied to an April theft of about $295 million, while some stolen funds are still in three wallets and some frozen assets are awaiting legal steps before release and return.
Key claims & sources
What it means
Users affected by the April exploit are the ones who notice this immediately, because the recovery process has already moved into claims and redemptions. One DFX is set against one dollar of verified loss, and the initial recovery pool is 3.11 million USDT, so the practical step today is to check eligibility and submit claims.
Before this, the affected users held only a claim against the exploit; now there is a token-based redemption path and a stated deadline for it. That does not change the fact that the event still centers on losses from the April incident, but it does add a formal process for turning verified losses into DFX through January 1, 2028.
Market reaction i
The move was larger before the first headline than after. That is an observation, not an explanation: the market also moves on things nobody publishes.
Coverage timeline
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
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Thefts of a similar size
| When | What happened | Figure |
|---|---|---|
| 2.4 years ago | DMM Bitcoin · Phishing incident | $305M |
| 7 months ago | Drift Trade · Proxy Upgrade Hijack incident | $295M |
| 7 months ago | Kelp DAO · Supply chain attack incident | $293M |
| 2.7 years ago | PlayDapp · Private key leakage incident | $290M |
| 7 months ago | Drift Protocol · Social engineering incident | $285M |
4282 incidents stored · 30 were as large as this one or larger ($290M)