DEX KiloEx Loses $7M in Apparent Oracle Manipulation Attack
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Apr 15 2025KiloEx Attack Overview: KiloEx, a decentralized exchange for perpetual futures, suffered a sophisticated attack resulting in approximately $7 million in losses due to a vulnerability in its price oracle system, exploited across multiple blockchain networks.
Manipulation Methodology: The attacker utilized a wallet funded through Tornado Cash to manipulate asset prices by exploiting the oracle's access control, allowing them to create false trading conditions and withdraw significant profits before the platform could respond.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
