Drift announced on its official website that the Drift Protocol has received support from Tether and other partners, with Tether contributing $127.5 million and other partners contributing $20 million, to support user recovery efforts following the April 1st attack. This support package includes a $100 million revenue-linked credit line, ecosystem grants, and loans to market makers. Drift will establish a dedicated user recovery pool to gradually address the $295 million in outstanding user losses as trading revenue grows. Furthermore, Drift will issue independent recovery tokens to affected users, representing a claim to the recovery pool and are transferable. Drift is currently undergoing a protocol reboot, having engaged Ottersec and Asymmetric for audits and migrating its settlement layer from USDC to USDT. The attack resulted in the theft of approximately $295 million in assets; insurance fund assets were unaffected.