Scallop Says Affiliate Contract Exploit Drained About 150,000 SUI
Scallop said a side contract linked to its sSUI reward pool was exploited for about 150,000 SUI, while the affected contract has been frozen and core contracts were not impacted.
SUI
Fact Check
The claim is strongly supported by the primary source, Scallop official X post on security incident, which explicitly says an exploit affected a side contract related to the sSUI spool rewards pool, resulted in a loss of approximately 150K SUI, that the affected contract was frozen, that core contracts remained safe, and that Scallop would fully cover the loss. The PANews article repeats the same facts and cites Scallop’s statement. A secondary social post from DEGEN NEWS also quotes the same details. The only minor uncertainty is wording: the claim says 'affiliate contract' while the official statement says 'side contract,' but the substance matches.
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Summary
Scallop reported that a side contract tied to its sSUI reward pool was exploited for about 150,000 SUI. The protocol said it froze the affected contract after the incident, pledged to fully compensate losses, and stated that its core contracts were not impacted. The incident appears limited to a specific side contract rather than Scallop’s main protocol infrastructure.
Terms & Concepts
- sSUI reward pool: A reward pool tied to SUI-related yield distribution, typically used to allocate returns or incentives within a crypto protocol.
- exploit: The use of a vulnerability or weakness in code or system design to gain unauthorized access to funds or functions.