Drift recovery

DFX Claims

You were affected by the drift exploit on Project 0? Connect your wallet to check and claim your DFX allocation.

Check your allocation

Connect the wallet or social login you use on Project 0 to check and claim.

FAQ

DFX is one token for every verified USDT lost in Drift's April incident. It's a standard SPL token on Solana, freely transferable and tradable on Raydium like any other. Supply is fixed at one DFX per verified USDT of loss, and no new DFX will ever be minted.

Project 0's Drift banks are the DFX claimant (through each bank's liquidity vault authority), so Project 0 claims that DFX and distributes it in proportion to each person's Drift-related loss. If part of the loss was socialized to you, you also receive DFX in proportion to your socialization. There's enough DFX for Project 0 to make every affected user whole in DFX terms, counting 1 DFX as 1 USDT.

Yes, you have until October 2027 to claim. After that, unclaimed DFX goes back to Project 0.

You redeem DFX for USDT yourself; Project 0 only distributes the DFX. Each DFX redeems for the Recovery Pool balance divided by the outstanding DFX supply. The pool holds about 3.1M USDT today, so redemption is limited for now, and it's topped up every day at 00:00 UTC.

Drift's Recovery Dashboard shows the pool balance, outstanding supply and redemption amount in real time. See Drift's DFX claim and redemption update.

  • Net protocol revenue: every day at 00:00 UTC, a share of Velocity's net protocol revenue flows into the pool in USDT, until it has received the full amount of verified losses.
  • Tether: up to 127.5M USDT committed to support the relaunch and user recovery.
  • Partners: up to 20M USDT committed by strategic partners for user recovery.
  • Recovered funds: any stolen funds recovered through a freeze, the bounty or law enforcement go into the pool.

More in Drift's DFX claim and redemption update.

The wallet that owns your Project 0 account. If you signed in to Project 0 with email or a social account (Google, X, Apple, Discord), use that same login here. If you had multiple accounts under the same wallet, their allocations are combined.

Only network fees plus a small one-time rent deposit (about 0.002–0.004 SOL) for the claim receipt and, if you don't have one yet, a token account.