Cetus Protocol, a decentralized exchange (DEX) and liquidity protocol operating on the Sui and Aptos blockchains, reported a hack that resulted in the theft of $223 million in cryptocurrency. The attacker exploited a vulnerability in the automated market maker (AMM) logic, potentially involving pool price manipulation and flash loan-style attacks. The project paused its smart contract for investigations and successfully paused $162 million of the compromised funds. Cetus Protocol identified the attacker's Ethereum wallet address and is working with third parties to trace and freeze funds. They offered the hacker a deal to stop legal action if the funds are returned and announced a $5 million bounty for information leading to the attacker's identification and arrest.
TPRM report: https://scoringcyber.rankiteo.com/company/cetus-global
"id": "cet326052525",
"linkid": "cetus-global",
"type": "Vulnerability",
"date": "5/2025",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization's existence"
{'affected_entities': [{'customers_affected': 'Over 15 million accounts',
'industry': 'Financial Services',
'name': 'Cetus Protocol',
'type': 'Decentralized Exchange (DEX)'}],
'attack_vector': 'Exploit of a vulnerable package',
'date_detected': 'Yesterday',
'date_publicly_disclosed': 'Yesterday',
'description': 'Hackers stole $223 million in cryptocurrency from the '
'decentralized exchange Cetus Protocol. The project is '
'offering a deal to stop legal action if the funds are '
'returned and a $5 million bounty for information leading to '
'the attacker’s identification and arrest.',
'impact': {'brand_reputation_impact': 'Significant',
'financial_loss': '$223 million',
'systems_affected': 'Sui and Aptos blockchains'},
'investigation_status': 'Ongoing',
'motivation': 'Financial Gain',
'post_incident_analysis': {'corrective_actions': 'Fixed the related package',
'root_causes': 'Exploit of a vulnerable package'},
'references': [{'source': 'Elliptic'}],
'response': {'communication_strategy': 'Public announcements and updates',
'containment_measures': 'Paused smart contract, identified '
'attacker’s wallet, traced funds',
'incident_response_plan_activated': 'Yes',
'law_enforcement_notified': 'Yes',
'remediation_measures': 'Fixed the related package, offered '
'whitehat settlement, announced bounty',
'third_party_assistance': 'Yes'},
'threat_actor': 'Unknown',
'title': 'Cetus Protocol Hack',
'type': 'Cryptocurrency Theft',
'vulnerability_exploited': 'Flaw in the automated market maker (AMM) logic'}