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We now know more about the bug that was exploited last week, resulting in over $220 million in frozen and stolen funds from the Sui-based DEX Cetus.

On Monday, Sui described the flaw as “a bug in a Cetus math library” and promised to commit $10 million to improving Sui’s security more broadly. That includes a bug bounty program, plus Sui-funded security audits for projects using the chain.

Blockchain security firm Dedaub explained that the attack involved intentionally misconfiguring a liquidity pool with an “extremely high value.”

“This allowed them to add massive liquidity…

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