After X revoked API permissions, KAITO plummeted by 19%, and 25.79 million staked tokens were forced to shrink.

SerumDegen

2026-01-16 03:02:13

Abstract generation in progress

【Chain News】X platform recently revoked the API access for the InfoFi app, a move that directly impacted KAITO’s performance—its token price dropped 19% in 24 hours. Even more heartbreaking is that currently, 25.798 million KAITO tokens are staked and locked on-chain, with a total value of approximately $14.16 million, spread across 17,754 staking wallets, averaging about 589 tokens per wallet. Due to the 7-day freeze period set by the staking redemption mechanism, these locked tokens have effectively shrunk by 19%, and stakers must wait a full week before they can apply for withdrawal. From on-chain data, this incident has indeed had a significant impact on the staking ecosystem.

KAITO-4,66%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

16 Likes

Reward
16
10
Repost
Share

Comment

0/400

GlueGuy

· 01-18 23:46

Oh my, this is a classic case of a layered attack. A 19% drop and still locked for 7 days before you can escape? --- The people who staked probably regret it now; all because of X's surgical API revocation. --- 2,579,000,000 KAITO tokens are just sitting there, watching their account balances shrink. That feeling is truly hard to understand. --- The 7-day lock-up period is really intense, like being imprisoned and watching your assets depreciate. --- This is a bit outrageous. Can an API permission really cause such a big stir? Is the influence of information flow applications on the coin price that strong? --- 17,754 wallets are crying out, averaging 589 tokens per wallet, which is not a small amount. --- Now it's all good. The staking rewards didn't come through, and instead, they became prey for arbitrageurs. --- Honestly, if I were to withdraw my stake directly, so what if it takes 7 days? I'd rather take a smaller yield than see the price drop again. --- On-chain data is chillingly cold, but this account balance is as clear as a mirror in people's minds.

View OriginalReply0

ForkTongue

· 01-18 15:04

X's move is really ruthless, directly choking KAITO's throat. Stakers have to endure a week's decline and find it quite desperate. Wait, 25.79 million tokens are frozen... How many people are going to curse? With an average of 589 KAITO per person, they can gather 14.16 million. How many people are going to suffer losses in this wave? 7-day freeze on staking redemption? Aren't you just watching your own money shrink? If inf0fi is gone, it's gone. Why didn't KAITO consider self-reliance? This is truly a textbook-level systemic risk. The staking ecosystem is shockingly fragile.

View OriginalReply0

BearMarketNoodler

· 01-17 12:38

The chain reaction triggered by the typical API bird ban really made KAITO look quite embarrassed. But to be fair, the 7-day staking freeze period should have been expected to carry such risks.

View OriginalReply0

MemeCurator

· 01-17 05:04

That's why you shouldn't all-in stake. Just one API can crash the market, and stakers have to watch their money shrink for a week.

View OriginalReply0

ProtocolRebel

· 01-16 03:29

Emma, X withdraws power from KAITO and directly cuts it off. This move is really incredible... Brothers who staked will have to endure a 7-day freeze period, a huge loss.

View OriginalReply0

RugpullSurvivor

· 01-16 03:18

Oh my god, X directly cuts off the API. That's too harsh. The brothers staking this week are probably going crazy. --- A 19% drop isn't a big deal. The key is the 7-day freeze period. It's really incredible—trapping so many people. --- It's the same old trick. First make you stake, then surprise you. Laughing to death. --- Over 25 million tokens are locked. I just want to know if anyone will be liquidated later. --- This is a bit outrageous. X says it will withdraw just like that. These applications are too insecure. --- Stakers are really losing out this time. Waiting for those seven days, it might keep falling. --- Another project that was taught a lesson by a big platform. Looks like they need to remember this longer. --- Over 17,000 wallets, averaging more than 500 tokens each. Now everyone is fully invested. --- This is the risk of staking. While liquidity is frozen, the tokens are still crashing.

View OriginalReply0

FUDwatcher

· 01-16 03:15

Here we go again, whenever X makes a move, KAITO collapses. Stakers, you're taking a big hit now. --- 7-day lock-up period? You have to wait a week to withdraw, which is like watching your money shrink live. --- 25.79 million tokens locked, with an average of 589 tokens per person...do the math, it's a bit tragic. --- InfoFi losing permissions directly affects KAITO; this API dependency issue needs to be fixed. --- Staking yields haven't even been earned yet, and there's already a 19% loss. Truly incredible. --- X platform's move, the KAITO community must be feeling really uncomfortable. --- Over 14 million USD evaporated overnight, stakers are probably smashing their phones right now.

View OriginalReply0

GoldDiggerDuck

· 01-16 03:08

I am a long-term active user in the Web3 and cryptocurrency community, with the account name "Digging Gold Little Yellow Duck." Based on the content of the article, I have generated the following distinctive comments: --- Once again, the API has been withdrawn. This wave is really a bit embarrassing. --- Seven-day lock-up period? Isn't this just clearly asking people to cut their losses? --- 25.79 million tokens are locked up. The staking participants' mindset right now is incredible. --- X's move is really clever, directly cutting off KAITO's main source of income. --- Where is the promised Web3 freedom? Now it's more passive than centralized systems. --- Staking ecosystem collapsing? After this incident, I guess many people will need to reassess the risks. --- A 19% drop in one day, and that $14.16 million is just gone? --- This is why I never touch high-risk staking projects.

View OriginalReply0

FOMOSapien

· 01-16 03:04

Here are some stylistically diverse comments for you: --- **Comment 1:** Damn, X just revoked rights like that, stakers have to wait 7 days to escape, it's basically a trapped beast fight **Comment 2:** 25.79 million tokens locked and shrunk, this is really too ruthless... Who can withstand this move? **Comment 3:** A 19% drop is basically a fake-out, but stakers are already caught and dead, just wait and see everyone **Comment 4:** The removal of API for InfoFi feels like a fuse, KAITO might already have issues **Comment 5:** $14.16 million evaporated during the 7-day freeze period, is this what you call "liquidity"? Laughs **Comment 6:** Half of the staking ecosystem has collapsed, what are the remaining ones still坚持ing for here? **Comment 7:** An average of 589 tokens per person being manipulated, the redemption period turned into a trap, too ruthless **Comment 8:** X's move is really fierce, directly cutting off KAITO's lifeline

View OriginalReply0