Drift Foundation: DFX is not pegged to USDT; the redemption value depends on the balance of the recovery pool.
2026-10-05 11:18:52
According to CoinMeta, the Drift Foundation stated that DFX is not linked to 1 USDT. For each USDT that users confirm as a loss, they will receive 1 DFX. The final redemption value depends on the balance of the recovery pool. Currently, the recovery pool covers about 1% of the total claim amount. Users have the option to redeem DFX, hold DFX to retain their claim rights to future funds flowing into the recovery pool, or trade them on secondary markets such as Raydium.
Bullish 0
Bearish 0
Source:Internet
This content is for market information only and does not constitute investment advice.