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Sui-Based Typus Finance Loses $3.4 Million in Hack

cryptonews100_tggfrn by cryptonews100_tggfrn
October 16, 2025
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Sui-Based Typus Finance Loses $3.4 Million in Hack
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A hack exploiting oracle vulnerabilities drained $3.4 million from Sui-based Typus Finance, prompting a right away pause of all platform contracts.

Posted October 16, 2025 at 11:08 am EST.

Typus Finance, a decentralized finance (DeFi) platform constructed on the Sui blockchain, misplaced $3.4 million in an exploit.

“Roughly one hour in the past, our TLP [Typus liquidity pool] contract was exploited through an oracle vulnerability relating to a scarcity of authority checks,” said Typus Finance in an X publish at 10:18 a.m. ET on Wednesday.

“To guard all customers, ALL Typus good contracts have been instantly PAUSED.”


This story is an excerpt from the Unchained Day by day e-newsletter.

Subscribe right here to get these updates in your e-mail totally free


Within the Typus Finance ecosystem, a TLP contract represents the core liquidity pool that helps perpetual buying and selling markets on the Sui blockchain.

Blockchain safety agency Hacken found that the hacker had already swapped the stolen funds to DAI round two hours later, and that the unique pockets was initially funded by Twister Money.  



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