# Scallop

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🚨 BREAKING: Scallop Protocol hit by a flash loan exploit on the Sui Network. 📉
Details are emerging of a ~$142K drain targeting the sSUI reward pool via oracle price manipulation. The team has moved quickly to freeze the affected side contract and has committed to covering 100% of user losses to ensure no one is left out of pocket. 🛡️
While the core Scallop lending engine remains secure, this serves as a fresh reminder of the risks in complex DeFi reward structures.
Stay safe and keep an eye on your wallet permissions! 🕵️‍♂️ #SuiNetwork #Scallop #DeFi #BlockchainSecurity
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SUI1,05%
ETH2,21%
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🚨 DeFi Exploit Alert: 150K $SUI Stolen from Scallop Protocol
Even over the weekend, hackers remain highly active.
While the recent exploit on Kelp DAO—with losses nearing $300 million—has yet to be fully resolved, another incident has just surfaced.
➡️ This time: Scallop — one of the leading DeFi protocols on Sui
A vulnerability in a subsidiary contract مرتبط with the sSUI pool was exploited
Approximately 150,000 $SUI has been stolen
➡️ Response from the team
Scallop has announced they will fully compensate (100%) for all user losses
⚠️ Takeaway for DeFi farmers
Reassess your risk vs. reward
SUI1,05%
SCA-0,11%
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