KiloEx Vows to Compensate Users After $7M Oracle Exploit
🚨 On April 14, KiloEx, a decentralized exchange (DEX), was hit by a $7.5M price oracle exploit across Base, BNB Chain, and Taiko networks. Attackers manipulated asset prices, causing major user losses.
💰 But there’s good news!
KiloEx is stepping up with a full compensation plan:
🔹 For Traders:
If you had open positions during the exploit, you’ll be reimbursed for any additional losses or reduced profits. Just make sure to close positions when trading resumes for accurate calculations!
🔹 For Hybrid Vault Stakers:
All stolen funds have been reinjected into the vault — your principal + earnings are safe. Plus, if you had funds before relaunch, you’re getting a +10% APY bonus as a thank you!
🔍 Security experts from PeckShield & SlowMist are on the case, and the attacker has already returned $1.4M. Investigations are ongoing with the help of Hong Kong authorities.
⛑️ KiloEx is committed to rebuilding trust and securing the platform.
Stay safe and always DYOR!
