Drift opens DFX recovery token claims for April exploit victims

HACK OR EXPLOITDrift opens DFX recovery tokenclaims for April exploit victims45IMPORTANCECLOSED4NEWS MEDIA5PIECESSep 30, 2026 14:36blockboard.net

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.

What this rests on

Claim by claim, with its source
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The April exploit at Drift was described as involving about $295 million taken.
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Drift opened DFX recovery token claims for people affected by the April exploit.
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Eligible users can claim one DFX for each dollar of verified loss, and the recovery pool holds about 3.11 million USDT.
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The claim window for DFX redemptions remains open until January 1, 2028, at 00:00 UTC.

What it means

Who it affects, what changes and what is still unconfirmed

Each sentence links inside to the piece that supports it.

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

ET Ethereum the event is about this asset from 2 h before to 4 h after the line marks the first headline
published
-0.96 % before publication
-0.81 % after
$2,702price at publication
12series points

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.

How the story was built

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.

first
Oct 1 13:55
+9 h 12 m
Oct 1 23:07
+19 h 46 m
Oct 2 09:41
+20 h 55 m
Oct 2 10:50
CR Cryptopolitan adds
Sharpens the figure: $295.4M, with quotes
+1 d 1 h
Oct 2 15:26
Crypto Economy adds
Breaks the figures down; the largest, $127.5M, with quotes

Thefts of a similar size

WhenWhat happenedFigure
2.4 years ago DMM Bitcoin incident $305M
7 months ago Drift Trade · Proxy Upgrade Hijack incident $295M
6 months ago Kelp DAO incident $293M
2.7 years ago PlayDapp incident $290M
7 months ago Drift Protocol incident $285M

4197 incidents stored · 28 were as large as this one or larger ($290M)