Sui Invests $10M to Fortify Security Following Major Cetus Exploit

Following a significant $223 million exploit on the Cetus Protocol, which exploited vulnerabilities in its AMM logic and led to unauthorized asset withdrawals, Sui has committed $10 million to enhance security. The investment will focus on comprehensive audits, bug bounty programs, and developer support to prevent future dApp vulnerabilities. Sui’s initiative emphasizes shared accountability and early detection across the ecosystem.