UsePaid halts X Money payouts after a record volume surge

Solana DeFi protocol UsePaid, which relies on X Money to distribute token creator fees, has suspended payments after a volume spike caused “issues.”

“Existing balances remain safe and fees will continue to accrue,” UsePaid stated.

It said it is working on a fix and, in the meantime, will create a temporary portal for users to file claims.

UsePaid did not specify why it needed to pause X Money payments, nor did it detail the payment issues further.

X Money payments are currently paused while we work through payment issues. Existing balances remain safe and fees will continue to accrue. A web portal for claims will be available soon as an interim option while we restore full payment service. We’re committed to getting…

— Paid (@UsePaid) September 27, 2026

UsePaid deposits failed to credit

A day earlier, UsePaid announced that ACH deposits were not going through.

This forced a payout cap of $750 per person, which will remain in place until ACH deposits land on September 28.

The volume spike reached $1.54 million over 24 hours, a 26x increase from the protocol’s earlier record.

Users ‘DDOSd’ with UsePaid funds

UsePaid’s X account was set up in August and became active in September. The service funnels creator fees from Pump Fun token launches back to X users via X Money.

Crypto influencer Tiffany Fong received more than $6,000 in one transaction. Another user who got close to $33,000 described receiving it as being “DDOSd with money.”

Genuinely wtf is going on pic.twitter.com/QzygZKVzjL

— Beff (e/acc) (@beffjezos) September 25, 2026

X Money was launched on July 27 for US X Premium and Premium+ subscribers.

The New York Department of Financial Services told X Money earlier this month that it could not offer bank account-style interest on New York residents' deposits since they are not actual bank accounts.

X responded by offering New Yorkers $300 in short-term compensation to avoid capital flight. The firm clarified the payment “does not constitute APY or interest.”