A large liquidity pool (LP) protocol Cetus on the Sui chain is suspected to have been hacked, with a massive outflow of funds from the liquidity pool. According to foreign media, over $200 million in liquidity has been affected, with most token trading pairs involving SUI experiencing a sharp decline of more than 70%.
The current Cetus liquidity pool frontend interface shows severe calculation errors.
The native token $CETUS once dropped about 18%, to $4.9.
