AftermathFi's Sui Perpetuals Hit by Exploit, About $1.1M USDC Stolen

Blockaid said it detected an exploit targeting AftermathFi's perpetual contracts on the Sui Network on April 29. The attacker, identified by address 0x1a65…2d41e, siphoned roughly $1.1 million in USDC across 11 transactions over a 36-minute window. The incident stemmed from a flaw in the perpetuals settlement fee accounting, which allowed synthetic collateral to be inflated and used for unauthorized withdrawals.