KiloEx announced a comprehensive compensation strategy specifically targeting traders with open positions and stakers using its Hybrid Vault during the exploit on the platform on April 15, 2025.
News event
Claim
Event date
April 24, 2025
Quotes that support claims
In an April 24 announcement, KiloEx said traders who had positions open while the platform was suspended would get full compensation if their losses increased or profits decreased.
For the platform’s Hybrid Vault stakers, KiloEx said that the stolen funds were fully reinjected into the vault. As a result, staker earnings and principal will remain unaffected. However, KiloEx said it will still provide an additional 10% annual percentage yield (APY) as a bonus for eligible stakers.
Tags
04/24/2025
Week 17 of 2025
Referenced by
Summary
Crypto news
Data block