Drift Foundation: DFX is not pegged to 1 USDT; the current recovery pool covers only approximately 1% of claims.

On October 5, the Drift Foundation announced its compensation plan following the protocol hack: for every 1 USDT lost, users will receive 1 DFX token; the redemption amount depends on the recovery pool balance, currently covering only about 1% of total claims; Tether has committed up to 127.5 million USDT to support the protocol relaunch and user compensation, with funds matched based on Velocity’s net protocol revenue rather than disbursed as a lump sum; the claim deadline is January 1, 2028, users may choose to hold DFX or trade it on secondary markets such as Raydium, and the only official link is dfx.drift.trade.