Gate News bot message, according to the official Gate announcement Gate will close the new lending and borrowing features for 15 tokens, including BLUM, HAPPY, ALPHA, FITFI, KILO, PIXFI, XEN, SEND, BCUT, XEM, ELDE, ASM, GROK, RIF, and REI, starting from 16:00 (UTC+8) on February 11, 2026. Affected services include unified account spot leverage, collateral lending, and isolated margin. Users holding loans in these tokens must repay by 16:00 (UTC+8) on February 12, 2026. Loans not repaid by the deadline will be automatically settled by the system. This adjustment is part of Gate's regular project review process to optimize services. Spot trading remains unaffected, and users can continue trading spot assets normally.

The KiloEx platform has recently observed that over 70% of liquidations during Bitcoin fluctuations come from long orders, reflecting the risk of high margin trading stemming from a lack of buffer in risk control models. To address this issue, KiloEx has launched a unified 90% liquidation line mechanism, providing a fixed loss threshold to enhance users' resistance to fluctuations.

The decentralized derivatives trading platform KiloEx recently executed a token burning, with a total of 13,418,836 KILO tokens burned, using the xKILO vesting mechanism. This mechanism promotes deflation through user redemption behavior, while users can earn up to 31.65% annualized returns. The platform supports multi-asset trading to enhance competitiveness.

Scam Sniffer reports that the Discord invitation link for the Kiloex project has expired and has been hijacked by scammers, leading to user asset losses. The attackers implemented the scam through phishing signatures and a forged "Collab Land" Bots, and other projects like Verisense Network have also encountered similar issues.

KiloEx has completed the permanent destruction of 8,609,242.69 KILO, releasing deflationary signals, reducing market circulation supply, and enhancing long-term value commitment. At the same time, it has launched spot trading products, improving its product line, aiming to increase liquidity and token value support.

Odaily News KiloEx announced on the X platform that it will adjust the trading fees for all users from 0.07% to 0.05%. This adjustment will take effect on May 12, 2025, at 12:10 (UTC). This rate will initially be offered with a 2-month trial period to evaluate the platform's enhanced features.