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Volo was attacked, resulting in a loss of approximately 3.5 million USD
BlockBeats News, April 22 — Sui ecosystem liquidity staking platform Volo reported a security vulnerability incident, resulting in approximately $3.5 million worth of assets (including WBTC, XAUm, and USDC) being stolen from three specific Vaults.
After the incident, the team immediately notified the Sui Foundation and ecosystem partners, and froze all Vaults to prevent further losses.
This vulnerability only affected three Vaults; the remaining Vaults are not vulnerable to the same attack vector, and about $28 million in TVL assets are secure. The platform will bear the losses itself and will not pass the losses onto users, and a full post-incident report and remediation plan will be released after the investigation is complete.