Sui's Biggest Liquidity Provider, Cetus, Hit By $260M Hack; Sui-Based Tokens Plummet 90%

coindesk.com/markets/2025/05/22/sui-networks-cetus-protocol-hit-in-apparent-hack-sending-token-prices-down-90

Cetus Protocol, the largest decentralized exchange (DEX) and liquidity provider on the Sui network, has been drained of $260 million worth of tokens in an apparent hack, according to crypto sleuth Lookonchain.
The wallet tied to the Cetus Protocol exploit — 0xe28b50 — currently holds…

This story appeared on coindesk.com, 2025-05-22 11:54:31.
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