Another DeFi protocol hacked as Sui-based Volo hit by $3.5M exploit
Burns Brief
Volo Protocol has confirmed a $3 The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
Volo Protocol has confirmed a $3.5 million exploit affecting select vaults, adding that it has frozen assets and started fund recovery efforts amid ongoing investigation.
Key Takeaways
- 5 million exploit affecting select vaults, adding that it has frozen assets and started fund recovery efforts amid ongoing investigation