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Project

Drift Protocol

Solana-based decentralized exchange for perpetual futures and margin trading.

Known aliases

  • Drift Foundation
  • Velocity

Current stories

investConfirmed5 publishers

Drift's capped pledges would lift its DFX recovery rate to about 50 cents at most

Drift's DFX recovery token opened at about 0.0104 USDT per dollar lost in the $295.4 million April exploit, roughly one cent on the dollar. Paying every capped pledge in full would lift that to about 50 cents, and the other half depends on Velocity's revenue and on funds recovered from the attacker.

Perspective Coverage

5 publishers
Builder
Builder 19%
Operator
Operator 42%
Investor
Investor 39%

Reality

Evidence70
Adoption8
Hype gap+25
Incentives55
Confidence65
investOne report1 publisher

One Bitget breach supplied half of September's record $766 million in crypto hack losses

Crypto hacks drained $766.49 million in September, a 2026 monthly record, and $387.5 million came from one breach of Bitget's hot wallets. After the money returned from the Liquid Network exploit, that one exchange accounts for about 80% of what stayed stolen.

Reality

Evidence45
Adoption
Not scored
Hype gap+10
Incentives
Not scored
Confidence50
investOne report1 publisher

Seven agencies price North Korea's fake-recruiter funnel at $1,530 a wallet

Japan, the US, Australia and Germany put eight months of North Korea's developer-targeting campaign at $10.71 million taken from more than 7,000 wallets. CertiK counted $2.06 billion of North Korea-linked crypto theft in 2025 alone.

Publishers:decrypt.co

Reality

Evidence72
Adoption70
Hype gap+8
Incentives45
Confidence62
investOne report1 publisher

Connecticut warns of DeFi risks after $200,000 loss, naming seven offshore platforms as examples

Tong and Perez name GMX, dYdX, Hyperliquid and four others in their September 3 alert while stating that no one says the resident used any of them, leaving Connecticut with a citable list untethered to the case that prompted it.

Reality

Evidence52
Adoption
Not scored
Hype gap+20
Incentives62
Confidence55