A recent security breach affecting KiloEx, a decentralized exchange specializing in perpetual futures trading, has been resolved. The exploit, identified by cybersecurity firm Cyvers, involved a price oracle vulnerability leading to an estimated loss of $7.5 million on April 14, 2025. KiloEx negotiated with the attacker to recover the funds through a standard bounty payment, securing a significant portion. Following the initial market response, KILO’s value recovered, demonstrating investor sensitivity to security incidents in this sector. The company has begun legal proceedings and collaborated with experts for a comprehensive resolution. This incident highlights the importance of robust security measures and emphasizes the industry’s adaptive approach to mitigating cyber threats.