$BTC Bitcoin-focused decentralized finance platform Alex Protocol has launched a Treasury Grant Program to reimburse users affected by a recent exploit that resulted in over $8 million in losses.

According to a June 8 announcement, the program will provide financial support through a combination of original tokens and USDC equivalents, depending on the type of asset lost.

Affected users must connect their impacted wallet to the official grant interface, review their specific compensation offer, and sign a confirmation message to accept the terms and conditions.