Full Sail Vault Hit by Suspected Oracle Compromise

Full Sail, a DeFi service provider on Sui, has confirmed a security incident affecting its vaults. The incident is suspected to be related to a compromised oracle from Switchboard, which provides external data such as cryptocurrency prices to smart contracts.

The oracle's compromise may have affected not only Full Sail but also other protocols that rely on Switchboard's services, including Aptos, IOTA, and Movement, all of which have temporarily stopped their oracle services. However, Solana, which uses a different implementation, has reported no similar incident.

Full Sail has confirmed a loss of funds due to the incident and has paused deposits and withdrawals until the oracle's integrity is restored and verified to prevent further losses.