First batch payout rate is approximately 1% of losses, Velocity opens compensation claims for April hack

Odaily report: Solana ecosystem perpetual contract exchange Velocity (formerly Drift) has opened compensation claims for the April hack. 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 is currently around 3.11 million USDT, and the total supply of DFX is approximately 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 approximately 295.4 million USD.