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Drift Opens April Hack Compensation Claims, 1% Payout Rate
According to The Block, Velocity (formerly Drift), a Solana-based perpetual futures exchange, opened compensation claims on October 3 for its April security breach. Users who lost 1 USDT will receive 1 DFX token, currently valued at approximately 0.0104 USDT, representing a 1% payout ratio of losses. The Drift Foundation stated the compensation pool will receive ongoing protocol revenue injections, with Tether committing up to 127.5 million USDT to support the platform's restart and user compens
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DRIFT4.50%