Drift Exploit Victims Get Penny for Every Dollar Back as DFX Token Surges

The Drift exploit victims are receiving compensation under the recovery scheme launched by Velocity on October 1, but the rate is lower than expected. The scheme issues one DFX token per dollar verified as a loss, with the token trading at around $0.0104 USDT.

The initial redemption rate is approximately one cent for every dollar lost, leaving many victims dissatisfied. Despite this, the value of DFX tokens surged nearly 210% in 24 hours to around $0.03, although liquidity remains low with only $200,000 traded.

The claims window will remain open until January 1, 2028, and unclaimed tokens will be burned. The Recovery Pool balance divided by the DFX tokens still in circulation determines the value of each token, which can only rise over time.