TheX Protocol Takes Swift Action Against Malicious Bots in DEX Environment

TheX Protocol
2 min readDec 5, 2023

Dear TheX Protocol Community,

In a steadfast commitment to transparency, TheX Protocol is announcing decisive measures against certain bots operating within our DEX environment. Following a comprehensive analysis and collaboration with our developers and market-making team, we have successfully identified and blacklisted these malicious bots, putting an end to their ability to manipulate and distort chart flow.

Strategic Partnership with Cyberscope

Our dedication to the security and integrity of our DEX Pool has led us to forge a strategic partnership with Cyberscope, a highly respected security firm. Leveraging Cyberscope’s expertise, we have approved the inclusion of these bot wallets into our Blacklist pool, reinforcing our commitment to a secure and reliable trading environment.

Eliminating Disruptive Practices

These blacklisted bots were engaging in manipulative trading practices, disrupting the natural flow of our DEX Pool. By taking swift action to blacklist them, we ensure that these bots can no longer artificially manipulate prices or distort market data, thereby protecting the interests of our valued community members.

Ongoing Monitoring and Transparency

To provide real-time information on blacklisted addresses, we have created an online document:
https://docs.google.com/spreadsheets/d/1HZhxtM20VNwcAY51OZYVqWzp2gB9nXZDegRqAd5Whgc/edit#gid=377049689. Additionally, a dedicated monitoring website, thexprotocol.com/blacklisted, will be launched later today, serving as a centralized hub for tracking blacklisted wallet addresses.

Community Involvement

If you identify your contract address on the blacklist and believe it to be in error, we urge you to reach out to us immediately at support@thexprotocol.com for prompt resolution. Your input is crucial in maintaining the integrity of our DEX Pool.

Our Ongoing Commitment

At TheX Protocol, we are unwavering in our commitment to the safety and satisfaction of our community. The decisive action against these bots demonstrates our vigilance in ensuring a secure and transparent trading environment for all.

Thank you for your continued trust and cooperation.

Sincerely,
TheX Protocol Team

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