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Volo Protocol

avoid.net/volo-protocol→37/100·72% conf.
[AI-DRAFTED · AWAITING VERIFICATION]

Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.

anchored·4p3iH5…yg1x

Summary

Volo Protocol is a liquid staking and DeFi vaults platform built on the Sui blockchain, offering voloSUI (vSUI) as a liquid staking token and multi-asset yield vaults. In January 2024, it was acquired by NAVI Protocol, a leading Sui lending protocol. On April 22, 2026, Volo suffered a $3.5 million exploit targeting three isolated vaults holding WBTC, XAUm, and USDC; the team pledged to absorb all user losses and approximately $500,000 was frozen on-chain, while the root cause — attributed by security researchers to a compromised privileged operator key rather than a smart contract flaw — remained under investigation at time of writing.

Connected Entities

1 entities
Protocols
⌂Volo Protocol
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    Timeline(7 events)

    July 2023

    Volo Protocol launches on Sui blockchain with liquid staking product voloSUI; wins first place at Sui Foundation Liquid Staking Hackathon.

    Volo DAO GitBook and CoinMarketCap

    7 September 2023

    Movebit completes first smart contract audit of Volo Protocol.

    Volo DAO GitBook - Contract Audits

    22 September 2023

    Hacken completes smart contract audit of Volo Protocol.

    Volo DAO GitBook - Contract Audits

    October 2023

    OtterSec completes smart contract audit of Volo Protocol.

    Volo DAO GitBook - Contract Audits

    17 January 2024

    NAVI Protocol announces acquisition of Volo Protocol, integrating voloSUI into its lending and borrowing ecosystem on Sui.

    NAVI Protocol - Medium

    April 2025

    Movebit and Veridise complete V2 increment audits of Volo Protocol smart contracts.

    Volo DAO GitBook - Contract Audits

    22 April 2026

    Volo Protocol suffers a $3.5 million exploit targeting WBTC, XAUm, and USDC vaults on Sui. Team halts all vaults, notifies Sui Foundation, freezes approximately $500,000 in stolen assets on-chain. Team pledges to absorb all user losses.

    CoinDesk
    Provenance & Audit Trail
    Anchored on SolanaVerify on-chain17 Wayback Archives

    Decision Log

    This investigation is cryptographically anchored to the Solana blockchain (3 events). 17 of 20 cited source URLs have an Internet Archive snapshot.

    full audit log →version history →

    model: claude-sonnet-4-6

    generated: 6/14/2026, 11:19:42 PM

    last updated: 8/27/2026, 10:49:44 AM

    4 views

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