Volo Attacked, Losses Estimated at $3.5 Million

On April 22, the Sui ecosystem liquid staking platform Volo reported a security breach incident, resulting in the theft of approximately $3.5 million in assets (including WBTC, XAUm, and USDC) from three specific Vaults. Following the incident, the team immediately notified the Sui Foundation and ecosystem partners, and froze all Vaults to prevent further losses. The breach only affected three Vaults, and the remaining Vaults do not share the same attack vector, ensuring that approximately $28 million in TVL assets remain secure. Volo will absorb the losses and will not pass them on to users, and a complete post-incident report and remediation plan will be released after the investigation is concluded.