March 28, 2025 — A rumor suggesting that a new KiloEx (KILO) initial DEX offering (IDO) was launching on PancakeSwap has been officially debunked after further analysis revealed the transaction in question was merely a gas optimization update.
The speculation began when on-chain analyst ai_9684xtpa noted a “Create IDO” transaction on PancakeSwap, initiated by the same wallet address that had previously launched the KILO IDO on Binance Wallet. The address interaction raised eyebrows due to similar setup patterns, though with different participation parameters — notably requiring CAKE instead of BNB.
This led to speculation that PancakeSwap might be preparing for a standalone KILO IDO, with ai_9684xtpa commenting:
“Hyperliquid just had an incident yesterday, so it makes sense to list a Perp DEX on the BSC ecosystem while the attention is still high. Hahaha.”
However, another on-chain analyst, canhua1023, stepped in to clarify the confusion. According to their investigation, the transaction was intended only to reduce gas consumption, lowering the cost from 256 to 128 units. The modification had nothing to do with launching a new IDO.
With this clarification, the rumored KILO IDO on PancakeSwap was officially dismissed. The updated transaction was purely an infrastructure-level improvement and not indicative of any new token launch on the platform.
This event underscores the importance of cautious interpretation in the fast-moving world of decentralized finance, where even routine technical updates can sometimes be mistaken for significant announcements.
At the time of writing, KiloEx has no confirmed IDO plans on PancakeSwap, and users are advised to follow official project announcements for verified updates.
