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Explained: The Typus Finance Hack (October 2025)
In October 2025, Sui-based Typus Finance was the victim of a hack. The attacker took advantage of vulnerabilities in the project’s oracle to drain an estimated $3.44 million in SUI, USDC, xBTC, and suiETH from the project. Inside the Attack With the exception of stablecoins, most cryptocurrencies have values that are determined by the market rather than an external source. As a result, smart contracts need an oracle to determine the current value of a particular token to support trades. The Typus smart contract hack was made possible by a combination of an unaudited, custom oracle and a missing asset statement ... (full story)
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