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AFTERMATH FINANCE EXPLOIT - UPDATE: ZERO USER LOSSES ✅
Big update from @AftermathFi team, ALL users will be made whole.
Final Picture:
▪️ Total damage: $1.14M
▪️ Only the Perps protocol was exploited
▪️ All other products (swaps, staking, MEV) remain safe
▪️ ZERO losses for users, covered with support from Mysten Labs & Sui Foundation
Root Cause:
The team confirmed it was NOT a Move contract-language security issue. The vulnerability stemmed from the Perps protocol wrongly allowing negative builder code fees to be set, letting the attacker drain funds.
Response Actions:
▪️ Protocol paused immediately
▪️ Patch in development for affected contracts
▪️ Coordinating with zeroShadow, Seal, Blockaid & OtterSec for fund-tracing
▪️ Pursuing every available law-enforcement channel
This is how a DeFi exploit response should be handled, fast pause, transparent comms, and ecosystem-backed recovery.
Sui Foundation + Mysten Labs stepping in to make users whole is a strong signal of ecosystem maturity.