Hacks · May 22, 2025

Cetus Protocol drained of ~$223M on Sui

Price at event

$111,722

Today

$61,577

Decline

-45%

Sui's largest DEX, Cetus, is drained of about $223M via an arithmetic-overflow bug, after which Sui validators coordinate to freeze most of the stolen funds on-chain.

⸺ Sources ⸺

newsElliptic — Cetus Protocol hacked for more than $200 million ↗

← Earlier

Coinbase joins the S&P 500

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Circle (CRCL) IPOs on the NYSE, closing up ~168% on debut

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