🚨 MARKET SHOCKER: $CETUS & $SUI TANK AFTER EXPLOIT REPORTS!

Both $CETUS and SUI have seen massive sell-offs in the past few hours — with CETUS crashing over 40% and SUI down 15%+ following reports of a serious exploit linked to Cetus Protocol, a major DeFi player on the Sui blockchain.

What Went Wrong?

Cetus, the leading DEX and liquidity hub on Sui, reportedly suffered an exploit draining $11M+ in SUI from its SUI/USDC pool. As liquidity vanished, token prices nosedived.

Damage Snapshot:

$CETUS: Crashed from $0.2572 → $0.1465

Liquidity dried up, panic selling triggered

Trust in protocol security shaken hard

$SUI: Hit as core asset exploited

Fell from $4.20 → $3.65, wiping recent gains

Surge in trading volume = mass exits

Why It Matters:

In DeFi, liquidity = trust. An exploit at the core DEX sends shockwaves across the ecosystem. Tokens relying on Cetus liquidity are now under pressure, and fear is spreading fast.

What’s Next?

Will Cetus confirm the exploit and offer a fix or user compensation?

How quickly will other Sui-based protocols react?

Can confidence and liquidity be restored?

Final Thought:

This is a loud reminder of why smart contract audits and security are non-negotiable in DeFi. For now, extreme caution is advised — both tokens remain highly volatile.