Solana

Velocity

2026-10-02 20:14:00

Velocity opens claims for April hack compensation, with current recovery at about 1% of losses

Velocity, the Solana-based perpetual futures exchange formerly known as Drift, has opened compensation claims tied to its April exploit. Under the current arrangement, users receive 1 DFX token for every 1 USDT lost. At the present payout rate, each DFX is worth about 0.0104 USDT, putting recovery at roughly 1% of user losses. The compensation pool currently stands at about 3.11 million USDT, while DFX has a total supply of roughly 299.5 million tokens and will not be inflated further. The Drift Foundation said the pool will continue to be funded through protocol revenue. It also said Tether has committed up to 127.5 million USDT to support the platform restart and user compensation. Claims will remain open until Jan. 1, 2028. Drift was previously hit by an attack in April, with losses of about $295.4 million, according to Odaily.

Drift

2026-10-02 09:41:30

Drift opens DFX claims and redemptions for users hit by more than $290 million exploit loss

Drift Foundation has opened claims and redemptions for DFX, a Solana-based recovery token created for users who lost funds in the perpetuals exchange’s April 1 exploit. Under the process, each 1 USDT in verified losses gives a wallet 1 DFX. Based on Drift’s current figures, each token redeems for about 0.0104 USDT, which works out to roughly one cent back for every dollar lost so far. The rate is tied to the Recovery Pool balance, which launched at about 3.1 million USDT, divided by the roughly 299.5 million DFX outstanding. Drift said in a Sept. 30 update that more than $290 million was taken from users, and that forensic firm Mandiant identified the attacker as a North Korean group. The pool is designed to grow through revenue sharing from Velocity, the rebuilt exchange rebranded in July, plus pledged support from Tether and strategic partners, and any stolen funds later recovered or frozen.

SOL

2026-10-02 15:08:57

Unknown Wallet Unstakes 956,610 SOL Worth About $115.62 Million

Whale Alert tracked a large Solana staking unlock at 23:01 Beijing time, according to a newsflash published by ChainCatcher. The transaction involved an unknown wallet that unstaked 956,610 SOL, with the report putting the value at about $115.62 million. The brief did not identify the wallet owner, disclose where the tokens were moved next, or provide any additional on-chain context beyond the unstaking event itself. No further details were included in the source report.

BNB Chain

2026-10-02 11:51:49

BNB Chain tokenized stocks and ETF market cap hits $1.1 billion, taking about 30% of global market

Tokenized stocks and ETFs on BNB Chain have reached a market capitalization of $1.1 billion, according to Token Terminal data cited by BlockBeats on Oct. 2. That makes BNB Chain the first blockchain network to cross the $1 billion mark in this segment, accounting for about 30% of the global market’s total $3.7 billion capitalization. Ethereum ranked second with $828 million, or roughly 22% market share, while Solana followed with $738 million, or about 20%. A separate report from Binance Research said the number of addresses holding tokenized stocks on BNB Chain has climbed to 1.8 million, equal to 45% of the market-wide total. The network currently hosts tokenized securities products including Binance bStocks and Ondo Global Markets. The broader tokenized stocks and ETF market expanded from $719 million in January this year to $3.35 billion in September, the data showed.

Solana

2026-10-02 10:35:09

Solana tokenized stock holders top 1.2 million, with 775,000 added in September

Solana said the number of holders of tokenized stocks on its blockchain has surpassed 1.2 million, setting a new all-time high. The update came from an official announcement cited by Techub News. Solana also said that 775,000 new holders were added in September 2026 alone, marking a sharp monthly increase in the holder base for these on-chain tokenized equities. No additional breakdown was provided in the source material.

Korea

2026-10-02 10:41:03

Korean trading creator Jadoodoo locks in about $40,000 on a NEAR long during Seoul live contest

Frontier Traders, a Solana-based trading platform, held its live "Seoul Showdown" event on Sept. 30 during Korea Blockchain Week. According to a video posted by DEGEN NEWS, Korean trading creator Jadoodoo celebrated on stage after locking in roughly $40,000 in profit and loss from a long position in NEAR during the semifinal round. The Seoul stop featured eight traders competing live on stage across three elimination rounds, with the winner advancing to the London final. Frontier Traders had described the event beforehand as the largest trading competition in Korea. The broader Season One competition carries a prize pool of more than $1 million and focuses on perpetual futures trading. The London final is scheduled for November during Solana Breakpoint and will include eight seats: the three live-event winners, one trader with the best season P&L, one with the highest trading volume, one wildcard entry, and two additional spots from tracks that have not yet been announced. The overall winner can choose between a Porsche 911 GT3 RS and $250,000 in stablecoins. Although Jadoodoo did not win the Seoul event, Frontier Traders later said she "definitely won the crowd."

MASK

2026-10-02 10:20:01

MASK market cap tops $35 million on Solana, hitting a fresh record

According to GMGN data cited by BlockBeats on Oct. 2, MASK, a privacy-themed token on Solana, saw its market capitalization rise past $35 million, setting a new all-time high. At the time of the update, its market cap stood at $34.91 million, with a 24-hour gain of more than 70% and trading volume of $2.7 million over the same period. The project uses ZEC as its pool pair and provides liquidity through the ZEC/MASK trading pair. MASK is positioned as a token aimed at offering zero-knowledge, or ZK, privacy services for crypto-related activity. BlockBeats also noted that the token has seen sharp price swings and reminded users to be cautious about investment risk.

Market Analys

2026-10-02 09:31:00

alicharts sets technical bull-market targets for BTC, ETH and SOL

Crypto analyst alicharts outlined possible cycle-top levels for several major digital assets based on long-term price charts. In the view shared by the analyst, Bitcoin’s first target sits at a previous high of $125,000. If that level is broken, price could extend toward the upper boundary of an ascending channel near $190,000. For Ether, the monthly chart is described as following an ascending channel over roughly the past five years, with the upper rail near $5,000 marked as the key level to watch. A break above that area would point to $8,800. Solana’s monthly chart, meanwhile, appears to be forming a cup-and-handle pattern, with a neckline near $295. If SOL closes a monthly candle above that line, the bullish setup would strengthen, with the pattern implying a target near $2,744.