OKX DEX Officially Resumes With Robust Security System After Serious Security Incident

May 5, 2025 – After nearly two months of suspension due to a serious security incident, OKX DEX has officially resumed operations, integrating advanced security features to enhance user safety in the Web3 ecosystem.

According to the announcement posted by OKX founder and CEO Star Xu on the X platform (formerly Twitter), the relaunch of OKX DEX comes with a real-time abuse detection and prevention system. This is a major effort by OKX to enhance its cybercrime prevention capabilities and ensure a safer decentralized trading environment.

Response to Lazarus Group Threat

The previous suspension of OKX DEX on March 17, 2025, was an urgent response to the severe abuse by Lazarus Group – a notorious hacker group with ties to North Korea. The group laundered approximately $100 million worth of ether through multiple decentralized platforms following the attack on Bybit, causing losses of up to $1.4 billion.

This event has further raised concerns in the global crypto community about cross-border money laundering activities through DeFi protocols – which lack strict identity controls.

Expanding Integrations, Enhancing User Experience

Along with the new security system, OKX also announced the expansion of the trading capabilities of its Web3 DEX Aggregator platform – which now supports around 130 different blockchains and provides access to over 500 decentralized exchanges (DEXs) and decentralized applications (dApps).

This move makes OKX DEX one of the most powerful and comprehensive DeFi aggregators today, providing users with flexible trading capabilities, optimized liquidity, and asset diversification.

Committed to protecting users and maintaining transparency

In his post, Star Xu emphasized:

"We have learned from past mishaps and are committed to delivering a DEX platform that is both secure and user-friendly. Every new line of code written is aimed at one goal: protecting the global Web3 community from potential threats."

The relaunch of OKX DEX is not only a testament to the leading exchange's ability to respond quickly, but also demonstrates their long-term commitment to building a transparent, secure, and sustainable Web3 ecosystem.