🚨🚨$223M HACKED on SUI! Cetus Protocol Exploited🚨🚀
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Sui blockchain’s major DEX Cetus Protocol has suffered a massive $223M exploit due to a vulnerability in its math library. The attacker used spoof tokens to manipulate the system — exposing critical flaws in DeFi security.
💥What Happened:
$223M stolen
$162M of funds successfully paused
Sui Foundation + Cetus team are actively working to recover the rest
📊Market Impact:
Liquidity on Sui ecosystem tumbled
Trading volume declined
Sentiment shaken as DeFi exploits grow more sophisticated
This hack is a wake-up call for the entire space. Better audits, stronger protocols, and smarter prevention are no longer optional — they’re essential.
Will this push regulators harder on DeFi?
Will we finally get serious about security?
Stay safe. Stay informed.
