VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
Root cause
Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.
Forensic narrative
On May 22, according to community reports, the SUI ecosystem’s liquidity provider Cetus Protocol was reportedly attacked. Liquidity pool depth dropped sharply, and multiple token pairs on Cetus experienced significant price declines. The estimated losses exceed $230 million. The project announced shortly after that $162 million of the funds had been frozen. Attack method (per SlowMist): Contract Vulnerability. Reported loss: $ 230,000,000.
Primary source
https://x.com/CetusProtocol/status/1925515662346404024 ↗Sourced from
slowmist
Technical record
- chain
- sui
- protocol
- Cetus
- bug_class
- logic
- date_occurred
- 2025-05-22
- loss_usd
- $230,000,000
- source_id
- sm:cetus::2025-05-22
Related — same bug class· logic