The rapid growth of social media platforms has raised significant concerns regarding online content toxicity. When Large Language Models (LLMs) are used for toxicity detection, two key challenges emerge: 1) the absence of domain-specific toxic knowledge leads to false negatives; 2) the excessive sensitivity of LLMs to toxic speech results in false positives, limiting freedom of speech. To address these issues, we propose a novel method called MetaTox, leveraging graph search on a meta-toxic knowledge graph to enhance hatred and toxicity detection. First, we construct a comprehensive meta-toxic knowledge graph by utilizing LLMs to extract toxic information through a three-step pipeline, with toxic benchmark datasets serving as corpora. Second, we query the graph via retrieval and ranking processes to supplement accurate, relevant toxic knowledge. Extensive experiments and in-depth case studies across multiple datasets demonstrate that our MetaTox significantly decreases the false positive rate while boosting overall toxicity detection performance. Our code is available at https://github.com/YiboZhao624/MetaTox.