A recent hack on the Cetus Protocol has shaken the SUI ecosystem, causing investors to lose significant value. This incident comes just as the crypto market was cautiously recovering from the Bybit breach. The attack resulted in the loss of over $220 million worth of cryptocurrency assets, with the hacker potentially targeting the protocol’s complex mathematical formulas for a financial advantage. Cetus’s attempts to recover the lost funds through a bounty reward have been met with mixed reactions as the hackers remain unidentified. Amid this turmoil, the SUI price has experienced a sharp decline, prompting concerns about the future of decentralized finance in the ecosystem.