Drift opens DFX recovery token claims for April exploit victims
- —The April 1, 2026 exploit drained roughly $295.4 million from the protocol
- —One DFX equals $1 of verified loss, valued at oracle prices from the incident date
- —Claims run until January 1, 2028, after which unclaimed DFX is burned
- —The recovery pool opened with $3.8 million, with up to $127.5 million anticipated from Tether
Why it matters: Payouts hinge on whether Tether's anticipated support arrives and how much frozen or recovered capital returns to the pool.
Source: Crypto Briefing