Deep Dive
1. ABI Contract Updates (May 2025)
Overview: Modified Application Binary Interfaces (ABIs) for critical trading contracts - PerpTrade, OrderBook, and PositionRouter. These changes likely enable new order types and improve cross-chain compatibility.
The updates to PerpTrade.abi suggest expanded perpetual contract functionality, while PositionRouter.abi modifications align with KiloEx's August 2025 spot trading expansion to Solana. OrderBook.abi revisions indicate optimizations for high-frequency trading scenarios.
What this means: This is bullish for KILO because updated smart contracts enable faster trade execution and support new asset listings, potentially increasing platform usage. (Source)
2. API Error Handling Upgrade (Feb 2025)
Overview: Enhanced the Python SDK's reliability through a @retry_conservative decorator that automatically retries failed API calls with exponential backoff.
The code now includes better chain environment detection (apienv() function) and expanded support for Manta, opBNB, and Taiko networks. Error logging improvements help developers diagnose integration issues faster.
What this means: This is neutral for KILO as it primarily benefits developers building on KiloEx, potentially leading to more third-party integrations over time. (Source)
3. Vesting Burn Mechanism (Ongoing)
Overview: The xKILO vesting system incorporates automatic token burns, with 1.57M KILO permanently removed from circulation as of September 2025.
This deflationary mechanism activates when users convert locked xKILO to liquid KILO, with a portion destroyed in each transaction. The protocol burned an additional 8.6M unclaimed airdrop tokens in September 2025.
What this means: This is bullish for KILO because reducing circulating supply could improve token scarcity, though actual price impact depends on demand growth. (Source)
Conclusion
KiloEx maintains developer momentum with infrastructure upgrades supporting its dual DEX strategy (spot + derivatives), while token burns create deflationary pressure. The combination of technical improvements and economic incentives positions KILO for potential ecosystem growth - but can the project sustain development velocity while managing its declining token supply?