Terra Claims Portal Opens March 31: How to Recover LUNA Losses
Terraform Labs is launching a critical claims portal on March 31, 2025, offering hope to investors affected by the historic Terra/LUNA collapse. This comprehensive guide explains how eligible investors can file claims and potentially recover losses from one of crypto’s largest financial disasters.
Key Takeaways:
- Claims portal opens March 31 at claims.terra.money
- Deadline for submissions is April 30, 2025, at 11:59 PM ET
- Proof of ownership required via exchange API keys
- Initial claim decisions expected within 90 days
This development comes as major institutions like Galaxy Digital face their own LUNA-related settlements, highlighting the far-reaching impact of the Terra collapse.
Eligibility Requirements for Terra Claims
Not all Terra ecosystem participants will qualify for claims. Here are the key eligibility criteria:
- Must have held specific listed cryptocurrencies during the collapse period
- Assets must have had minimum $100 on-chain liquidity
- Terra 2.0’s LUNA tokens are not eligible
- Must provide verifiable proof of ownership
How to Submit Your Claim
Follow these steps to maximize your chances of claim approval:
- Visit claims.terra.money starting March 31
- Prepare read-only API keys from your exchanges
- Document all eligible cryptocurrency holdings
- Submit before the April 30 deadline
- Monitor email for verification requests
Important Timeline
| Event | Date |
|---|---|
| Portal Launch | March 31, 2025 |
| Submission Deadline | April 30, 2025 |
| Initial Decisions | By July 29, 2025 |
Frequently Asked Questions
What happens if I miss the deadline?
Claims submitted after April 30, 2025, will not be considered, resulting in forfeiture of recovery rights.
Which proof of ownership is best?
Exchange API keys are preferred over screenshots or manual documentation.
How long until I receive compensation?
Initial decisions will be communicated within 90 days, with distributions following claim verification.
Historical Context: The Terra Collapse
The Terra ecosystem’s collapse in 2022 marked a devastating moment in crypto history, with LUNA’s market cap plummeting from $41 billion to $6 million in just three days. This claims process represents a crucial step toward resolution for affected investors.
Looking Forward
While the claims process offers hope for recovery, it also serves as a reminder of the importance of risk management in crypto investments. The Terra collapse has led to significant regulatory changes and improved security measures across the industry.