KiloEx announced a user compensation plan for the security incident, establishing a 10% additional yield activity for stake users.

The decentralized futures trading platform KiloEx was attacked between April 14, 18:27 and 19:40 UTC, affecting some users' trading. KiloEx today released a detailed compensation plan for affected traders, Hybrid Vault stakers, and VIP users: Affected traders: Unfilled orders prior to the platform interruption will remain active, and full compensation will be provided for any additional losses or profits lost during the interruption. Hybrid Vault stakers: All stolen funds have been recovered and reinjected, and users' principal and earnings are unaffected. The platform will launch a 30-day "Special Yield Boosting Event" after recovery, where eligible stakers will receive an additional 10% APY reward (disbursed in USDT). VIP users: Based on the snapshot at the time of the event, all affected VIP users will be automatically upgraded one level (except for VIP7) and enjoy a 30-day VIP status protection period. It is reported that the platform will resume operations at 13:00 UTC on April 24, and compensation and activities will also take effect from this time.