Sui Network has rolled out a $10 million fund to boost security across its system. The move comes after the Cetus Protocol hack that cost users $223 million.
Based on reports, the money will go toward audits, bug bounties and new developer tools. It’s a major shot across the bow at future attacks, but it raises questions about how those funds will be decided and spent.
The Money And The Plan
According to Sui’s team, the $10 million security fund isn’t just a pool of cash. It’s a shared resource that developers and community members will help guide. Bug bounties will be offered to anyone who finds serious flaws.
Doubling down on Sui security. A thread
The root cause of the Cetus incident was a bug in a Cetus math library, not a vulnerability in Sui or Move. But the impact on users is the same. We need to take a holistic perspective and step up our game on supporting ecosystem…
— Sui (@SuiNetwork) May 26, 2025
Audits will dig into both core code and popular d
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