WET Decentralized Exchange Halted Amid Internal Network Incident

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

The exchange confirmed that customer assets and third-party funds were not compromised, but it did not disclose the extent of the losses or provide a timeline for when trading will resume.

The incident was detected during routine monitoring by WET's team, which has initiated an investigation to determine the scope of the event and is working to restore services safely.