SUI DEX Cetus Hacked — $11M Drained, Tokens Crash Over 75%

The post SUI DEX Cetus Hacked — $11M Drained, Tokens Crash Over 75% appeared first on Coinpedia Fintech News

Cetus, a leading decentralized exchange (DEX) on the SUI blockchain, has suffered a major hack. The attacker drained $11 million worth of SUI tokens from the SUI/USDC liquidity pool, causing a sharp drop of over 75% in most token prices. The pool was nearly emptied, severely impacting trading activity. Cetus has confirmed the incident and …