Over USD 200 million USD potential losses

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It is suspected that Cetus, decentralized exchange (DEX) built on Blockchain Sui, is a huge exploit that could exhaust digital assets worth over $ 200 million.

The nickname WEB3 Comdare3 researcher has published on X that they “report users”, that Dex Cetus based on Sui is used. Dex Screelershowing many resources losing more than half of their value in the last 24 hours.

Cetus did not immediately answer Cointelegraph’s request about comments about the suspicious exploit.

Cetus swimming pool data It shows that at the time of writing, Dex processed transactions of May 22, May 22, an raise of 89% compared to $ 320 million reported on May 21. This increased level of activity could be caused by the funds thrown out of the protocol.

Some tokens, such as Lombard, set BTC (LBTC) or Axolcoin (Axol) lost almost all their values ​​on CETUS. The 15 best losers lost over three quarters of prices.

Data on the valuation of assets listed on the CETUS list. Source: Dex Screeler

Apart from Cutus, LBTC seems to gain over 4% of value in the last 24% according to Coinmarketcap data. Others, such as Axol (Axol), were not so lucky, with Coinmarketcap data showing a loss of almost 99.5%.

Alleged triggers address It contains almost $ 52 million of SUI tokens (Sui), $ 4.9 million Haedal Stakeed Sui (Hasui), over $ 19.5 million toilet (toilets), almost $ 19.5 million wrapped in USDT (USDT) and many other assets.

Official profile CETUS X confirmed An incident with a protocol was detected, and an clever contract was detained for security. He added that the investigation is underway.

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Source: He said

Suspicious fund transfers raise the alarm

However, blockchain analysts and compatibility companies are raising doubts as to the transparency of the project. Amlbot representative said Cointelegraph:

“We see that $ 212 million is transferred to Ethereum at a rate of $ 1 million per minute. This level of urgency suggests that history can be more than a simple mistake.”

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Amlbot representative – referring to the statements made by members of the Cutus team in Discord – he also explained that while the Certus team “calls this incident” only a mistake ” – time raises questions.”

Onchain Data Service Onchain lens served in post that “the attacker gained control over all pools denominated by Sui, using over $ 200 million, and also began to move USDC.”

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This is a developing story, and further information will be added as far as possible.

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