Tagged: Drift

Drift Initiates Exploit Recovery Claims, First Payouts Cover Barely Over 1% of Losses

Lost in Space Robot

Drift has begun processing recovery claims for users hit by its April 1 exploit, but the first cash payouts cover barely more than 1 percent of verified losses. The Drift Foundation opened claims and redemptions for DFX on October 1, 2026. DFX is a fixed-supply… Read More

DeFi Platform Drift Secures $25m to Expand Services on Solana

Drift, a decentralized finance (DeFi) platform built on the Solana blockchain, has raised $25 million in a Series B funding round led by Multicoin Capital. The new capital will support Drift’s expansion, focusing on developing a full suite of financial services, including spot and derivatives… Read More

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