KiloEx Exchange Hacked, $7.5M Stolen via Oracle Exploit https://t.co/sse44e7C7P
🚨 In April 2025, $7.5 million was stolen from decentralized exchange #KiloEx 😱 Hackers exploited a access control vulnerability to perform a price oracle manipulation attack on the #DEX 🔓 Learn more 👇 https://t.co/JXFizmhYte
? Project Name: @KiloEx_perp 💵 Funds Lost: ~$7 million 💻 Type of Hack: Oracle Manipulation (Access Control Exploit) https://t.co/s16mLpY6bT
KiloEx, a decentralized exchange operating on the BNB Smart Chain, suffered a price oracle manipulation attack in April 2025 resulting in losses estimated between $7 million and $7.5 million. The exploit targeted the exchange's perpetual futures trading platform, leveraging a vulnerability in an unprotected minimal forwarder contract that lacked access controls. This allowed the attacker to manipulate asset prices, opening positions at artificially low prices and closing them at inflated highs to extract profits. The attack affected transactions across multiple chains, including BNB, Base, and Taiko. Security firms such as Cyvers and HalbornSecurity have confirmed the root cause as a price oracle vulnerability combined with access control weaknesses. The attacker reportedly used Tornado Cash to fund the exploit.