Trading platform OKX has resumed operations of its decentralized exchange (DEX) aggregator after a two-month hiatus, as announced by the company’s CEO, Star Xu.
OKX DEX will restart today with realtime abuse detecting and blocking system. OKX Web3 is Chrome and search engine to blockchain. Base on our understanding of onchain data, we help customers access to hundreds chains realtime data, manage multiple chains’ asset and engage with…
— Star (@star_okx) May 5, 2025
The platform suspended its activities due to “abuses” by the North Korean hacker group Lazarus. According to Bloomberg, the DEX was allegedly used for laundering assets stolen from Bybit.
The updated platform now features tools for blocking suspicious transactions in real time. The new system monitors fraudulent operations on the blockchain and alerts users to risks.
“It’s like a search engine for blockchain, but with abuse protection,” Xu explained.
According to an OKX statement, the updated system automatically identifies and classifies wallet activities, such as those of large holders or snipers.
The aggregator was reviewed by companies CertiK, Hacken, and SlowMist, as stated in the announcement. The infrastructure was further tested through a bug bounty program.
Back in February, OKX admitted to violating U.S. anti-money laundering laws and agreed to pay over $504 million in fines and restitution.
In April, Malta’s financial regulator fined the platform €1.1 million for breaches of AML regulations in 2023.