Drift, a decentralized trading platform built on the Solana blockchain, has opened a recovery claims process for users who lost funds in a hack. The initial recovery amount is roughly 1% of verified losses, meaning affected users can expect to receive about one cent for every dollar lost at this stage.

According to reporting by CryptoSlate, Drift began accepting claims from users whose losses were verified following the incident. The process is open specifically to those with confirmed, verified losses — not to all users who believe they were affected.

A 1% recovery rate means the fund currently available for distribution covers only a small fraction of total verified losses. A user who lost $1,000 in the hack, for example, would receive roughly $10 at this stage. That figure could change as recovery efforts continue, but no future payout amounts have been confirmed.

Verified Losses Versus Claimed Losses

There is an important distinction between the two categories. Verified losses are amounts that Drift has confirmed through its own review process. Claimed losses — amounts that users have reported but that have not yet been reviewed — may differ. Only losses that clear this review count toward the current distribution, which means the 1% rate is calculated against verified losses rather than the broader pool of reported claims. Users should check directly with Drift's official channels to understand whether their specific loss has been verified.

The path the stolen funds took after the incident is central to the recovery picture. The Drift exploiter previously moved 23,095 ETH through Tornado Cash, a cryptocurrency mixing service used to obscure the trail of stolen funds. That movement illustrates why full recovery in incidents like this is difficult: once funds are mixed or transferred across protocols, tracing and recovering them becomes far harder.

Recovering even a small percentage of losses after a crypto hack is not guaranteed. Broader analyses of why recovery is so difficult after large crypto hacks show that most victims receive nothing at all. The fact that Drift has opened any claims process is therefore notable, even if the initial rate is low.

What Affected Users Should Do Now

Users who held funds on Drift at the time of the hack should first confirm whether their loss has been verified. Instructions for submitting or checking the status of a claim are available on Drift's official website and official blog.

Be cautious of unofficial links or messages claiming to offer recovery assistance. Scammers frequently target victims of crypto hacks with fake claim portals designed to steal remaining funds. Only links published directly by Drift through verified official accounts should be used.

Affected users should also watch for updates on the total claims pool, the timeline for distributions, and whether additional recovery rounds are planned. The roughly 1% figure reflects what is available now; Drift has not confirmed what, if anything, will follow.

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.