Dex
Investigations tagged with this subject. A topic describes what a page is about — an attack type, a jurisdiction, a regulator, a named actor — as distinct from the source that produced it.
2 investigations on this topic
Velodrome is a decentralized exchange and liquidity hub built on the Optimism network, using a ve(3,3) governance and emissions model derived from Andre Cronje's Solidly design. The protocol's core smart contracts have undergone multiple third-party audits and have not been directly exploited, but Velodrome and its sister protocol Aerodrome (both developed by Dromos Labs) have a recurring history of front-end and domain-level compromises — including a 2022 insider theft by a team member, DNS hijacks in 2023, and a 2025 registrar insider-threat incident — plus an active landscape of impersonation and wallet-drainer phishing sites.
avoid.net/sui→57/100[CAUTIONARY]Sui is a Layer 1 blockchain developed by Mysten Labs, launched in May 2023 and built on the Move programming language. The network suffered one of the largest DeFi exploits of 2025 when Cetus Protocol — its primary DEX — was drained of approximately $223 million in May 2025, triggering a controversial emergency validator vote to freeze and reclaim stolen funds that exposed deep centralization concerns. Separately, ZachXBT investigated a $29 million SUI token theft in late 2024 involving Tornado Cash laundering and subsequently announced in July 2025 that he would no longer take Sui ecosystem cases due to inadequate incident-response infrastructure and lack of support from the ecosystem.