KiloEx exchange profile

KiloEx is an on-chain trading protocol with a wallet-connected interface. Its trading documentation describes leveraged exposure to cryptocurrencies and other asset classes. The profile treats the perpetual exchange, spot interface, liquidity vaults and platform-token staking as separate activities because they have different funding, fees and exit mechanics.[2]

The pair-list page names examples including BTC, ETH, BNB, SOL, XRP and DOGE and identifies Pyth as an oracle provider. Its older symbols and limited list should not be treated as a complete live market inventory. A market’s oracle reference, executable price and available position capacity are different quantities; an oracle-derived price does not by itself promise unlimited size.[3]

The walkthrough still states a US$20 minimum margin, while a 20 August 2024 announcement says the minimum was reduced to US$1 across chains. These public instructions are inconsistent. The current instrument and order ticket should determine the applicable minimum rather than silently choosing one number as universal.[4][5]

The same walkthrough describes automatic take-profit at 900% PnL if no take-profit is supplied. That is a contract control described in the guide, not an expected return. Exact current liquidation parameters were not established as one universal schedule for every market in the inspected material.[4]

FX has its own guide, including leverage ranging from 10 to 1,000 times, rather than the crypto homepage’s selected-market maximum. FX trading follows a market calendar and can face weekend gaps; the guide describes wider spreads and reduced permitted leverage around major news. The hours table contains time-zone ambiguity, so a fixed universal opening hour is not asserted here.[6]

The table distinguishes FX, although adjacent prose says a uniform 0.05%; the FX guide supports 0.02%. The fee example retains original notional for closing commission even after position value rises. With hypothetical original crypto notional of 10,000 USDT, 0.05% is 5 USDT per side, or 10 USDT for opening and closing.[7]

Costs also include keeper execution, funding and spread. Request and keeper execution are separate transactions with network costs. Funding references the largest absolute Binance, OKX or Bybit rate plus a risk premium; the published 12% has an unclear time/unit basis. Borrowing fees ended on 25 April 2024. Profitable closes within ten minutes can face an extra spread factor.[7]

VIP qualification uses either trailing 30-day trading volume or the qualifying KILO/xKILO balance, with the highest eligible level recalculated daily at 00:00 UTC. Wallet and staked balances count under the described rules; unclaimed rewards do not, and conversion-pool xKILO receives partial weight. One published volume threshold has an extra digit and overlaps its stated band, so the full volume ladder is not reproduced as if internally consistent.[8]

Spot has its own interface and execution terms. The perpetual tariff is not a verified all-in spot quote; network and route expenses must also be checked.[1]

Funding is token- and network-specific. Holding a stablecoin on another chain does not automatically make it usable as margin on the selected deployment. Bridging introduces a separate delivery step, and the wallet also needs the appropriate gas asset. No direct bank-deposit or fiat-withdrawal service was established from this bridge guide.[13]

Fast Trading Mode replaces the earlier one-click arrangement with preauthorized signing. The guide says gas can be paid in the quote token, such as USDT or USDC; that is a different payment method, not zero network cost. Existing one-click users are given a separate Gas Withdrawal control for recovering their legacy gas balance. That recovery is not a withdrawal of a vault investment or an instruction to close an open trade.[9]

Liquidity-vault exits have a waiting period. The Earn FAQ uses collateralization-ratio bands to determine one, two or three epochs; its boundary wording overlaps at 110%, so the requested exit’s displayed schedule must settle that edge case. Requests made in the last 24 hours of a 72-hour cycle are treated for the next cycle. Fixed-lock deposits cannot be redeemed early merely by starting a request.[15]

The Hybrid Vault guide defines a three-day epoch and says waiting-period deposits continue to participate in earnings. It distinguishes quote-asset fixed-term commitments from other collateral arrangements. A quoted annualized return is not a liquid wallet balance; the actual redemption depends on the pool, the deposit’s term and its applicable exit window.[14]

Fast mode requires an authorization signature and can be revoked. Its new-user flow also uses a four-digit PIN. A wallet connection, a token allowance and delegated transaction signing are separate controls: the convenience of fewer pop-ups does not mean a program lacks transaction authority. The guide’s revocation route should be distinguished from cancelling previously submitted on-chain requests.[9]

The Hybrid Vault is the counterparty to traders. Its value is exposed to trading results and funding as well as fee income, and non-quote collateral receives a loan-to-value limit. The guide describes a health factor and liquidation below one, with a higher threshold for partial withdrawal. Those settings can change; a mixed-asset vault deposit is not equivalent to leaving the same asset unencumbered in a wallet.[14]

The Earn FAQ says non-quote collateral may need a USDT or USDC repayment when its share of trading losses is settled at withdrawal. Partial exits redeem principal and earnings proportionately. The displayed Base and Buffer components separate deposited capital and fee income from trader PnL and funding, but that accounting arrangement does not eliminate loss or guarantee immediate redemption.[15]

Supported vault assets include wrapped forms and liquid-staking or Bitcoin-related tokens. The asset guide specifically distinguishes wrapped BNB from native BNB. Each token adds its own wrapper, issuer or underlying mechanism to the vault’s trading exposure. A similar ticker or economic link is insufficient to establish that two token contracts are interchangeable for deposit or withdrawal.[16]

KiloEx’s official postmortem dates the exploit to 14 April 2025, between 18:52 and 19:40 UTC. It describes a forwarded-call authorization failure: a trusted forwarder path allowed calls without verifying an authorized keeper, enabling manipulated trade pricing. The affected deployments included BNB Chain, opBNB, Base, Taiko, B2 and Manta. This was a contract-control incident, not ordinary adverse trading.[21]

The same postmortem reports the return of stolen assets to designated multisignature wallets after a negotiated 10% bounty. Returned assets included both original stablecoins and other tokens into which funds had been converted. This establishes the reported recovery process; it is not a continuing insurance policy or proof that every future loss would be reimbursed.[21]

SlowMist’s contemporaneous account corroborates the recovery and explains the chosen audit sequence: priority permissions review followed by a broader logic and economic review. That April account discusses reopening plans rather than proving today’s transaction state. Current activity and the published exit workflows are evaluated separately here, without claiming that a withdrawal was executed during research.[22]

The audit index lists reviews by Secure3, Ancilia, ScaleBit and SlowMist across different dates and components, including the hybrid vault, xKILO and later protocol work. It is evidence of published reviews with distinct scopes. A review predating the exploit, or addressing one module, does not establish coverage of every subsequent deployment. No per-user insurance limit was established from this index.[20]

The terms exclude citizens, residents and entities of listed jurisdictions including the US and its territories, UK, China including Hong Kong and Macao, Singapore, Malaysia, Russia, Cuba, North Korea, Iran, Syria, Bangladesh, Bolivia, Ecuador and Kyrgyzstan. They also exclude sanctioned persons and Venezuela’s government. Access can be suspended; this is distinct from a published inactivity charge.[19]

The homepage describes wallet access without KYC or email registration. That describes the advertised onboarding process, not a waiver of territorial restrictions or other applicable terms.[1]

The official website links Discord, documentation, a feedback form and channel verification, with community Telegram links by language. These are support and communication routes; the page does not establish an emergency telephone dealing service or a guaranteed manual close during an interruption.[1]

Contractual complaints go to [email protected]. The terms provide a 90-day informal-resolution stage followed by ICC arbitration in English in Singapore, subject to applicable mandatory consumer protections.[19]

The trading walkthrough locates completed trade details in Order History.[4]

The official SDK can query orders and position information. A visible request must be distinguished from an executed result; a jurisdiction-specific tax statement and a complete retail export workflow were not established from the inspected integration material.[12]

The 2025 recovery should not be interpreted as a standing instruction to assume all pending withdrawals are safe or all losses covered. The incident account identifies specific recovery actions and audit work at that time. An unresolved current transaction needs its own network, transaction hash, request status and affected product identified before support can trace it.[22]

The terms identify the site provider only as KiloEx. An incorporated counterparty and entity-specific financial permission were not established; Singapore governing law does not itself establish licensing.[19]

The published roadmap marks mainnet launch in June 2023, followed by opBNB and Manta expansion in 2023. It records additional networks, the hybrid vault and FX in 2024, and token, stock and spot developments in 2025. These are milestones within one KiloEx identity, not separate exchange profiles for each chain deployment.[23]

The extracted homepage’s numerical counters were unpopulated and are not used as zero-user or zero-volume claims. No verified active-person total is supplied. Perpetual notional can include repeated leveraged trades and must not be compared directly with assets deposited into a vault.[26]

Operator

KiloEx; exact incorporated site provider not established

Exchange model

Decentralised

Service scope

On-chain perpetual and spot trading, liquidity vaults and xKILO staking.

Client types

Not established

Pricing publication

Public pricing

Other names

KiloEX

Funding scope

Network-specific USDT or USDC margin and gas; vault exits have separate terms.

Custody and asset handling

Wallet signing and contract allowances; fast mode adds revocable preauthorization.

Client eligibility

Terms exclude specified jurisdictions and prohibited persons.

Support

Official Discord, documentation and feedback form; contractual complaint email.

Authorisation and registration scope

An exact incorporated operator and entity-specific financial permission were not established.

Exchange metadata checked 20 Oct 2026Source 1Source 2Source 19Source 7Source 9Source 13

For a hypothetical 1,000 xKILO redemption, the stated endpoints produce 500 KILO after 15 days or 1,000 KILO after 180 days. The shorter route sacrifices the unrecovered portion; these quantities do not predict the token’s future price. The guide also describes partial staking participation while redemption is pending, so conversion, vesting and unstaking are different operations.[17]

The ordinary referral guide publishes a total commission ladder from 15% to 55%, with portions allocated between the inviter and referred trader. The calculation is on eligible fees after specified vault and other deductions, rather than a percentage of the invited person’s deposited capital or profit. Higher levels depend on the program’s trading and referral conditions.[18]

The separate affiliate program requires application and approval, followed by at least five new trading users and a monthly trading-volume condition of 100,000 U in the described qualification step. Its milestone rewards mix unlocked KILO, xKILO and USDT. These should not all be represented as immediately withdrawable cash; the token’s conversion rules remain relevant to an xKILO award.[24]

The node-commission page describes automatic T+1 settlement and a configurable multi-level structure, but it gives conflicting headline maxima of 70% and 85%. A negotiated or approved node arrangement should not be summarized as one verified universal percentage. The ordinary referral ladder and a special affiliate allocation are separate schedules.[25]

The dedicated copy-trading page still labels that feature as future work. Similarly, the roadmap leaves AI trading signals, smart-money address monitoring and AI analysis unchecked. Those source states do not support advertising an active copy-trading or autonomous AI mandate, even though broader overview language refers to a wider product vision.[10][23]

The API page directs developers to the official Python SDK. Its examples cover opening and closing positions, limit and take-profit/stop-loss requests, position and protocol queries, and vault deposits or share redemption. This is direct trading functionality; it should not be treated as a read-only data connector.[11][12]

The SDK’s local configuration includes a signing private key and can arrange token approval. Any software receiving such credentials must be evaluated for the actual transactions it can sign. Testnet configuration differs from mainnet. Stopping the client does not itself establish that an already submitted contract request, allowance or open leveraged position has been removed.[12]