KiloEx Commits to User Compensation After $7M Exploit

KiloEx, a decentralized perpetual futures exchange on BNB Chain, has announced it will fully compensate users affected by a $7 million price oracle exploit that occurred on April 14.

The platform, which partially recovered $6.1 million with Binance’s help, will cover losses from the breach and trading suspensions. KiloEx also listed new trading pairs, including $SIGN, $LISTA, and $BROCCOLIF3B, with up to 50x leverage, signaling a push to restore user confidence