typus Finance Faces Oracle Exploit on Sui Network
Typus Finance, a real-yield platform on Sui, has encountered a significant security issue. The platformS TLP contract was exploited through an oracle vulnerability.This led to a $3.4 million loss. in response,Typus Finance swiftly halted all its smart contracts to safeguard users.
The team announced the incident on October 15, 2025. They stated, āAn oracle vulnerability in our TLP contract was exploited. To ensure user safety,we have paused all smart contracts.ā The stolen funds were moved to Ethereum and converted into DAI.
Typus Finance provides real-yield solutions on Sui. It offers DeFi Options Vaults, SAFU strategy, and Tails by Typus NFTs.The exploit has caused the Typus token price to drop by 35%, from $0.009 to $0.0055.
While the cryptocurrency market and Sui ecosystem were already declining, this news accelerated the drop. The Sui Foundation is supporting Typus Finance in its investigation.
This incident echoes a similar event in May 2025. The Cetus Protocol was exploited,leading to a $200 million loss. This affected SUI and other tokens like Lofi and Sudeng.
