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Cetus Protocol—SUI’s Top Liquidity Provider—Exploited in Security Breach

Cetus Protocol—SUI’s Top Liquidity Provider—Exploited in Security Breach

CoingabbarEN
Release Time:
2025-05-22 16:00:00
0

Another day, another DeFi hack—this time hitting SUI’s leading DEX liquidity provider.

Cetus Protocol, the backbone of SUI’s decentralized exchange liquidity, got drained by attackers. No exact figures yet, but you can bet someone’s sipping margaritas on a beach right now.

Security? What security? The exploit highlights the Wild West reality of DeFi—where code is law until it isn’t.

SUI’s price wobbled post-news, because nothing makes investors flinch faster than the phrase ’funds are safu.’

CetusProtocol , the main LP provider DEX on $SUI, has been hacked. Over $11 million in $SUI ha... Read More
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