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How $220M was stolen in minutes: Understanding the Cetus DEX exploit on Sui

The Cetus DEX exploit on Sui drained $220 million in minutes. The hacker took advantage of an undetected bug in the math library of the protocol to siphon off the funds.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

How $220M was stolen in minutes: Understanding the Cetus DEX exploit on Sui

The Cetus DEX exploit on Sui drained $220 million in minutes. The hacker took advantage of an undetected bug in the math library of the protocol to siphon off the funds.

Why this matters

This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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