First payout rate is about 1% of losses, Velocity opens claims for April exploit compensation
Odaily report: Solana ecosystem perpetual contract exchange Velocity (formerly Drift) has opened claims for compensation related to the April exploit. For every 1 USDT lost, users can receive 1 DFX token. The current payout rate is approximately 0.0104 USDT per DFX, which is about 1% of losses. The compensation pool currently stands at about 3.11 million USDT, and the total supply of DFX is about 299.5 million tokens with no further issuance. The Drift Foundation stated that the compensation pool will continue to be funded by protocol revenue, and Tether has committed up to 127.5 million USDT to support the restart and user compensation. The claim deadline is January 1, 2028. Previously, Drift was attacked in April, suffering losses of about 295.4 million USD.
