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Velocity Opens DFX Claims After $295M Drift Hack, Sets 1% Recovery Rate

Velocity, formerly known as Drift, has opened claims for users affected by the $295.4 million theft from its Solana-based exchange in April.

CryptoRank

Publisher

Oct 3, 2026 at 2:06 AM UTC · Updated 3 天前 · 1 分钟阅读

Velocity Opens DFX Claims After $295M Drift Hack, Sets 1% Recovery Rate
Image via CryptoRank

Key Signal

$295.4M Reported theft amount

Last Updated

3 天前

翻译中…

Velocity, formerly known as Drift, has opened claims for users affected by the $295.4 million theft from its Solana-based exchange in April.

Users can claim one DFX token for each USDT lost in the attack. The compensation pool currently holds about $3.11 million, putting the initial redemption value at roughly $0.0104 per DFX, or about 1% of the reported losses.

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Velocity has capped the DFX supply at 299.5 million tokens and said no more will be created. The Foundation plans to use platform revenue to replenish the compensation pool over time.

Recovery Pool Gains Funding

Velocity will direct part of its net protocol revenue to the compensation pool. The share will be 60% on the first $30,000, 70% on revenue between $30,000 and $100,000, and 90% on amounts above $100,000.

Why this matters

The reported $295.4 million theft is a material security incident for users of a Solana-based exchange. The initial pool covers roughly 1% of reported losses, suggesting affected users face substantial residual exposure while recovery depends on future platform revenue.

Related: NEAR Intents $3.8 Million Exploit: What Users Should Know and Do

Tether has committ…

Read The Full Article Velocity Opens DFX Claims After $295M Drift Hack, Sets 1% Recovery Rate On Coin Edition.

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Originally reported by CryptoRank

NewsLayer coverage based on externally reported material.

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Solana

SOL

$120.89

-0.33% (24H)

$121.65$120.49$119.33
1 AM8 AM4 PM12 AM

Market Cap

$71.2B

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588.4M SOL

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$2.6B

24H High

$122.04

View Solana Market Page

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