CompX Initiative Mission Statement
The CompX Initiative is a community-led, independent organization created to support the growth, energy, and success of the broader CompX ecosystem. While separate from the core CompX project, we exist to empower the community, connect contributors, and bring meaningful momentum to the platform’s development and adoption.
Our mission is to unite the CompX community around shared goals—fostering collaboration, providing feedback, and supporting key projects that advance the long-term vision of decentralized finance.
The Initiative has led and funded giveaways, launched two NFT programs—xKangaroo NFTs and CompX Future World—and played a major role in creating the CompX Perpetual Wealth Fund (CPWF), a long-term treasury focused on strengthening ecosystem liquidity and sustainability.
We manage our own official channels, including X, Reddit, YouTube, TikTok, and Snapchat, to promote visibility, education, and engagement. Several Initiative members also help moderate the official CompX Platform Discord, supporting user experience and community coordination.
Our focus includes:
•Community building
•Product development support
•Ecosystem growth
•Strategic initiatives
•Cross-platform outreach
The CompX Initiative is not just a support group—it is a community engine. We believe progress is strongest when built together, and we’re here to ensure the CompX ecosystem is driven by participation, creativity, and purpose.
Together, we serve. Together, we build.
#Algorand @Compxlabs $algo #crypto #algo @DashawnSun@TheHolyGoat__@macgyver7th@smokey_matt@BigredAlgo
We are currently working on a plan for moving forward - including repayment for those that were affected by the issues this past Friday on Orbital.
In the immediate term we're working to clean up the core application :
We will be turning rewards off for all staking pools. All pools can be withdrawn from barring the ALGO pool - for simplicity the ALGO pool will be removed from the UI.
We ask all users in those pools to remove their stake - details of the stakers in the cALGO pool have already been noted.
💜 CompX Initiative – Official Announcement
After careful consideration, the CompX Initiative will be formally winding down its operations. We would like to begin by extending our sincere gratitude to everyone who has supported the Initiative over the years. Your trust, participation, and belief made everything we built possible.
🔔 CompX Initiative Réti Pool Closure
As part of this wind-down process, the CompX Initiative Réti Pool will be closed.
If you currently have ALGO staked in this pool, please unstake your funds and migrate to another pool at your earliest convenience.
💰 CompX Perpetual Wealth Fund (CPWF)
The CompX Initiative has taken steps to unwind the CompX Perpetual Wealth Fund (CPWF).
All CPWF assets have been transferred to the CompX Community Treasury, where they will be allocated toward a repayment fund intended to help repay users impacted by the recent incident involving CompX Labs, in which admin keys associated with Orbital Lending were compromised.
For transparency, the relevant wallets are listed below:
•CPWF Wallet Address:
GZ5DRUPUHPEN2S44PMZS5SC4T2RZD2AQMNKOTDHGT2OGYJFUDUOI3YDBFI
•CompX Community Treasury Wallet Address:
KPEZM2DSFHOOHG7RPDECCBTD6FRN2LPSSRJMMFVCFSIHGES4BXBJHPUBVQ
🖼️ NFT Program Closures
The following NFT programs operated by the CompX Initiative will be discontinued:
•xKangaroo
•CompX Future World
These NFTs were distributed free of charge to select users as part of early community initiatives.
Holders may retain their NFTs permanently, but no further reward distributions will occur under either program. We sincerely thank all participants for their creativity, engagement, and enthusiasm.
ℹ️ Important Clarification
The CompX Initiative is an independent, community-run organization and operates separately from CompX Labs. It is not owned, controlled, or managed by CompX Labs.
CompX Labs has released incident details regarding the Orbital Lending issue and is actively working on a repayment plan for affected users.
For questions related to:
•The incident itself
•Repayment timelines
•Platform restructuring
please direct all inquiries to CompX Labs, as they are the appropriate party to provide official updates and next steps.
⸻
💜 A Final Thank You
The CompX Initiative is deeply grateful to the community for the support and collaboration shown throughout its existence. While this chapter comes to a close, we hope that the transparency and steps taken here help support the broader ecosystem moving forward.
#Algorand @Compxlabs $algo
💜 A Personal Note
As the CompX Initiative winds down, I also want to share that I’ll be stepping away from doing CompX-related work moving forward.
The journey has honestly been an amazing one. The giveaways were fun 🤩, the community energy was real, and I had a beautiful time working alongside both the CompX Initiative team and the CompX Labs team. So many late nights, ideas, experiments, wins, and lessons — all of it mattered.
I’m incredibly grateful for everyone who participated, supported, joked around, gave feedback, and showed up. This community made the experience special, and I’ll always appreciate that. 💜
While this chapter is closing for me, I’m thankful for everything we built together and for the people I got to work with along the way.
Wishing nothing but the best to everyone going forward — and thank you for making this such a meaningful ride. 🌌
#Algorand @xUSDfuture $algo @Compxlabs@Xxiled1
Announcing the newest members of Team AlgoBharat. Super proud to have Darshan Krishna @CrypTech_DK as our new Bengaluru Ambassador, and a crew of Student Ambassadors who are ready to rock and roll 🎸:
Bengaluru: Nidhi Prajapati, @pnyk05
Delhi/NCR: Manav Goyal, @caerlower
Pune: Yash Diwan, @xYash0x
Nagpur: Rahul Sah, @Rahul_sah28
Hyderabad: Mohammad Danish, @md_danish_735
Kolkata: Sayan Genri, @Sayan__Genri
If you’re looking to get your #ALGO on, these rockstars are ready to help. Workshops, hackathons, ABCs, community building, you name it. Now’s the time to take your leap into the world of #Web3. LFG!!
HUGE start to 2026 for @alphaarcade on Algorand, absolutely crushing it! 🔥
✅ January 2026 was its biggest month EVER, with more volume than all previous months combined since launch!
✅ Now the 3rd largest prediction market by weekly txns, just behind @Polymarket and @Kalshi!
An update regarding the exploit on Orbital Lending.
- Details have been passed to Cloudflare and Indonesian police
- Reports to local police here in the UK will be done tomorrow.
- Huge thanks to @d13_co for helping compile the data for these reports.
- We remain hopeful that we can recover the stolen funds.
In the meantime, and if that were not to be successful we at CompX are committed to ensuring that all tokens stolen from depositors are restored back to their rightful owners.
We have all accounts affected and the exact amounts deposited and in the coming weeks we will present a solution to pay back the lost tokens over time.
We are still here, we will make this right.
Orbital Update
The cause of the of the issue:
We had to build a small service to migrate the box data for our ALGO market to the new contract as there were over 500 entries.
The admin account for Orbital is the only account that can do that so we used that in our backend code to make the transactions.
To do that, the seed phrase is added to .env file for the application - this file is only stored locally and does not go into GitHub or other source control. This pattern is used for other sensitive information.
On our hosting platform these values are encrypted.
What happened today was purely human error, the seed phrase was accidentally added to the env.example file in error - this was subsequently not deleted, and then subsequently checked in to GitHub where it was then publicly viewable.
There's no excuse or additional reasoning that can be given - a mistake, a very costly mistake.
We understand there will be anger, disappointment and questions you may all have - @Xxiled1 will be in the discord to answer any you may have at this time.
Again, our absolute and sincerest apologies to those affected.
🛰️New Orbital Lending markets are live!
Lend and borrow a range of new assets:
- $FOLKS @FolksFinance
- $HAY @haydotapp
- $GOLD @meldgold
- $SILVER @meldgold
Fee discounts for FLUX power holders!
Link follows 👇
Orbital Update!
We are prepping our new markets today plus upgrades to existing.
New markets launching tomorrow:
- $FOLKS
- $HAY
- $GOLD
- $SILVER
Upgrades include:
- Transaction ordering and fee coverage making it easier for others to integrate
- Less transactions for ledger users to sign
- New liquidation logic
- Gradual lowering of LTV for existing markets following governance vote.
Markets will go into migration mode around 10:30am UTC tomorrow and expected to be unavailable for around 2 hours.
Δ Delta - the latest addition to the CompX ecosystem is now live on testnet.
A neutral incentives network, built for projects, stakers and yield hunters.
We're taking a different approach to UI, with a much more paired back approach, do let us know what you think!
We'd love it if you checked out the app on testnet, created some pools, staked some tokens and gave your feedback!
Link follows 👇
Want to support the CompX ecosystem and the Algorand community? 🗳️💙
Please consider voting for these CompX pools:
•xUSD / ALGO
•COMPX / xUSD
•xUSD / USDC
Every vote helps—thank you for the support! 🙌
@Compxlabs@Xxiled1@DashawnSun@tinymanorg#Algorand $algo #crypto#xUSD
We just sent out another round of $USDC drops to all $COMPX holders!
Did you get yours?
All holders, stakers, lenders, governors and vaulters are included.