Haedal’s response was fairly quick, and the backstop coverage being in full at least shows the right attitude—let’s wait for the follow-up investigation.

Wu Shuo has learned that the Sui ecosystem liquidity staking protocol Haedal Protocol issued an official statement saying that it detected an abnormal liquidity decrease in a small number of Haedal Vault pools. It has temporarily paused the relevant contracts to investigate the cause and prevent further impact. Haedal stated that the incident only affected a few Vault pools; other products and modules were not affected, and any related direct losses will be fully covered by Haedal.