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Volo Protocol Loses $3.5 Million in Sui Blockchain Exploit, Blocks WBTC Bridge Attempt

Volo Protocol Loses $3.5 Million in Sui Blockchain Exploit, Blocks WBTC Bridge Attempt

Volo Protocol on the Sui blockchain lost $3.5 million in a security breach on April 21, 2026, due to a compromised vault admin private key. The exploit affected three vaults and prevented a WBTC bridge attempt. Security firms GoPlus Security and ExVul confirmed the incident, highlighting vulnerabilities in the platform’s key management.

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