KiloEx Loses $7M in Apparent Oracle Manipulation Attack

KiloEx Loses M in Apparent Oracle Manipulation Attack

KiloEx, a decentralized exchange (DEX) for trading perpetual futures, was hit by a sophisticated attack earlier Tuesday that left users reeling with losses of around $7 million.

The exploit unfolded across multiple blockchain networks and appeared to stem from a vulnerability in the platform’s price oracle system, per blockchain analysis firm Cyvers.

An attacker, using a wallet funded through Tornado Cash — a tool that obscures transaction trails — executed a series of transactions on…

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https://www.coindesk.com/markets/2025/04/15/dex-kiloex-loses-usd7m-in-apparent-oracle-manipulation-attack