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KiloEx announces user compensation plan for security incidents and sets up 10% additional profit activity
2025-04-24 04:05

Odaily News The decentralized contract trading platform KiloEx was attacked between 18:27 and 19:40 UTC on April 14, and some users' transactions were affected. KiloEx today released a detailed compensation plan for affected traders, Hybrid Vault pledgers, and VIP users:
Affected traders: Open orders before the platform interruption will continue to be retained, and full compensation will be made for additional losses or reduced profits during the interruption period.
Hybrid Vault stakers: All stolen funds have been recovered and re-injected, and user principal and earnings are not affected. The platform will launch a 30-day "Special Yield Enhancement Event" after recovery, and eligible stakers will receive an additional 10% APY reward (issued in USDT).
VIP users: Based on the snapshot at the time of the incident, all affected VIP users will be automatically upgraded to a higher level (except VIP7) and enjoy a 30-day VIP status protection period.
It is reported that the platform will resume operation at 13:00 UTC on April 24, and compensation and activities will take effect from this time.