Following the recent hack incident, the Kinto (K) project team has initiated a contract swap process. To safeguard our users' interests, MEXC will support this contract swap with the following arrangements:
- Deposits, withdrawals, and trading of K have been closed.
- According to the project team, the token swap will be executed based on the snapshot taken on Jul 10, 2025, 08:37:32 (UTC).
- The K token ticker will remain unchanged after the contract swap.
Token Swap Rules:
Pre-Hack:
- Tokens held at the time of snapshot will be swapped at a 1:1 ratio.
Post-Hack:
- For users with a net purchase quantity of K greater than 0 and a net purchase amount of K greater than 0 USDT after the snapshot: New tokens = Net purchase amount / 7.48 (7.48 was the $K token trading value before the hack).
Important Notes
- MEXC will not swap K tokens deposited after the snapshot time.
- MEXC will not support token swaps for users with a net purchase amount of K lower than 0 USDT after the snapshot.
- These excluded holdings will remain in accounts as KOLD tokens and can be withdrawn later.
- MEXC will no longer support deposits for old K tokens once the token swap is complete. Please confirm the token type before depositing to avoid any asset losses.
- A separate announcement will be made after the token swap is complete.
Relevant Contract Addresses
Former Contract Address：
New Contract Address：
For more information, please refer to the official project team announcement. If you need assistance or further clarification, feel free to reach out to our online customer service.
Thank you for your understanding and cooperation.
