Crypto exchange OKX has reportedly relaunched its decentralized exchange (DEX) aggregator, which brings trading back online with robust new security features. After a temporary suspension in March 2025, OKX has strengthened its platform to combat misuse and restore user confidence, promising a safer and smarter trading experience.
Why was DEX Trading Paused?
In March 2025, OKX halted its DEX aggregator services after detecting misuse by the North Korean hacking group, Lazarus. The group allegedly laundered around $100 million in stolen Ether through OKX’s Web3 proxy, part of a $1.4 billion heist targeting rival exchange Bybit. Facing scrutiny from European regulators over compliance with anti-money laundering (AML) rules, OKX acted swiftly.
The exchange consulted regulators and paused operations on March 17 to prevent further illicit activity. This downtime allowed OKX to overhaul its security systems and address vulnerabilities, ensuring the platform would not be exploited again.
OKX Resumes DEX Aggregator Services
OKX’s upgraded DEX aggregator now boasts a real-time abuse detection and blocking system, actively monitoring transactions across hundreds of blockchains. This technology identifies and stops suspicious activities, such as laundering or malicious smart contracts, in their tracks.
These upgrades would likely make trading safer and more efficient for users, offering peace of mind while accessing liquidity from multiple decentralized exchanges. OKX’s Web3 platform, described as a “browser for blockchain,” continues to provide seamless trading across over 130 blockchains, benefiting novice and seasoned traders with lower risks and enhanced transparency.
OKX has not only strengthened its DEX but also expanded globally. Recently, the exchange entered the U.S. market, with a San Jose headquarters, introducing a centralized exchange and Web3 wallet services. This strategic expansion, announced on 16 April 2025, marks a significant step in OKX’s global growth. It positions the firm to deliver secure, innovative crypto solutions to American users amid changing regulatory frameworks.
The exchange also secured a regulatory license in Malta, aligning with the EU’s MiCA regulations, and partnered with Mastercard to introduce the OKX Card, linking crypto trading to everyday spending. These achievements highlight OKX’s resilience and dedication to delivering a secure, user-friendly platform for crypto enthusiasts worldwide.
