Solana DEX WET Halts Trading After Internal Network Incident

Solana-based decentralized exchange WET has temporarily halted trading due to an internal network incident that affected its systems and some of its own funds.

The incident was detected during routine monitoring, and the team is currently investigating to determine the scope of the event. They are working to restore services safely and have not yet clarified whether it was caused by an external attack, a smart contract vulnerability, or an internal error.

This halt comes at a time when WET had gained significant traction in the Solana ecosystem, with daily trading volume once surpassing $1 billion. The exchange's unique liquidity model relies on its own capital rather than external liquidity providers.