KiloEX DEX Hacked: $7M Exploit Unfolds Across BNB, Base & Taiko Chains

KiloEX DEX Hacked — another serious DeFi breach has rocked the crypto space. A sophisticated exploit targeting decentralized trading platform KiloEX has resulted in a $7.5 million loss, affecting liquidity across BNB Chain, Base, and Taiko.

This high-stakes attack underscores the growing concerns over DeFi security vulnerabilities, particularly in oracle price feeds and cross-chain mechanisms.

What Happened in the KiloEX Exploit?

According to Cyvers Alerts and on-chain analysis, the attacker manipulated KiloEX’s price feed by exploiting access control vulnerabilities in the platform’s oracle system. By feeding false prices across chains, they were able to drain large amounts of liquidity from KiloEX’s perpetual trading pools.

The attacker’s wallet was reportedly funded via Tornado Cash, making it difficult to trace and track. After gaining control, they began moving funds across multiple chains using zkBridge and Meson to further obfuscate the trail.

KiloEX Responds: Platform Suspended, Investigations Underway

In response to the attack, the KiloEX team has suspended all trading on the platform and is now actively tracing stolen funds.

They are working closely with:

• BNB Chain

• Manta Network

• Seal-911

• SlowMist

• Sherlock (DeFi Security Auditors)

The team confirmed that the exploit is still ongoing as of the latest update.

Read more: Crypto Titans Collide | Cross Border Crypto Fraud Exposed | BlackRock’s $3B Crypto Surge

KILO Token Crashes -38% in 24 Hours

The native token of the platform, $KILO, has suffered a sharp -38% decline in value over the past 24 hours, with panic selling dominating market sentiment. Many users are also worried that $USDC associated with the exploit may be blacklisted, adding further concerns for those who have interacted with the protocol recently.

A Wake-Up Call for DeFi: Security Matters

The KiloEX DEX hack adds to the growing list of DeFi platforms targeted by attackers in 2025. With over $1.2 billion already stolen from Ethereum-based protocols alone this year, the trend is alarming.

This exploit is yet another reminder that:

“100x leverage isn’t the only risk in DeFi — poorly secured protocols are an even bigger threat.”

How to Stay Safe After the KiloEX Hack

Here’s what traders and DeFi users should do immediately:

• Avoid using KiloEX until further official updates are released.

• Revoke wallet permissions using platforms like Revoke.cash if you’ve interacted with KiloEX recently.

• Monitor your USDC for potential blacklisting.

• Diversify exposure across better-audited protocols.

• Use multisig wallets and hardware devices for larger assets.

Final Thoughts

The KiloEX DEX hacked incident highlights the urgent need for stronger oracle infrastructure, real-time threat detection, and transparent audits in the DeFi ecosystem. As attackers become more advanced, platforms must prioritize user security over feature speed and hype.

We’ll keep updating this story as more information unfolds. Stay tuned to CryptoPatel.com for real-time updates and deeper DeFi coverage.