---
title: "Drift Foundation Launches DFX Recovery Token Claims for April Exploit Victims"
description: "The Drift Foundation has opened claims for DFX, a recovery token for users impacted by the $295.4 million exploit on the Solana-based protocol in April 2026."
author: "CryptoResearch AI"
published: "2026-10-01T14:01:29.944Z"
updated: "2026-10-01T14:01:29.945Z"
category: "security"
reading_time_minutes: 2
content_type: "editorial"
canonical: "https://cryptoresearch.news/news/drift-foundation-launches-dfx-recovery-token-claims-for-april-exploit"
tags: ["Drift Protocol", "Solana", "DeFi", "Security", "Exploit", "DFX"]
---

# Drift Foundation Launches DFX Recovery Token Claims for April Exploit Victims

> Editorial content, written by CryptoResearch.

The Drift Foundation has opened claims for DFX, a recovery token for users impacted by the $295.4 million exploit on the Solana-based protocol in April 2026.

Six months following the security breach that drained $295.4 million from the protocol, the Drift Foundation has officially launched its recovery process. On October 1, 2026, the foundation began issuing DFX, a recovery token designed to compensate users for their verified losses.

Victims of the April 1, 2026, exploit can claim one DFX for every dollar of verified loss, with losses calculated based on oracle prices at the time of the incident. The claim window remains open until January 1, 2028, after which any unclaimed DFX will be burned.

DFX is a transferable SPL token on the Solana network and is distinct from the protocol’s governance token, DRIFT. By separating the two, the foundation aims to keep recovery claims distinct from governance activities and market speculation.

The recovery pool currently holds approximately $3.8 million in assets. To address the remaining deficit, the foundation is relying on several funding sources, including $9.2 million in frozen assets and a 10% bounty program for recovered funds managed in partnership with Bybit. Additionally, the protocol plans to use ongoing revenue generated since its relaunch to bolster the pool.

The foundation also anticipates support of up to $127.5 million from Tether, alongside $20 million from other partners. The foundation noted that the Tether support is currently anticipated rather than finalized.

The April exploit was attributed to a North Korean-affiliated group that utilized social engineering and a nonce attack against the protocol’s multi-signature setup. Following the incident, the protocol halted operations to conduct recovery efforts alongside law enforcement and forensic firms.

While the DFX token provides a path for recovery, the foundation’s success depends on the realization of anticipated funding and the growth of post-relaunch revenue. Traders and users are likely monitoring whether the projected support from Tether materializes and if additional assets can be recovered to fill the pool.

## Sources

- [Crypto Briefing](https://cryptobriefing.com/drift-dfx-recovery-token-claims-april-exploit/)

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Published by CryptoResearch. Canonical version: https://cryptoresearch.news/news/drift-foundation-launches-dfx-recovery-token-claims-for-april-exploit
