Full Sail Becomes 2026's Latest Protocol to Close After a Hack

NewsThu, 03 Sep 2026 04:46:52 UTC13 hours ago

Full Sail, a decentralized exchange, is winding down on Sui (SUI) after an attacker drained roughly $91,000 from three of its vaults on August 29.

The closure makes the DeFi protocol the latest 2026 casualty of a security failure rather than weak demand.

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Full Sail is sunsetting on @SuiNetwork.

This was a difficult decision. Our immediate priority is returning what affected users lost and completing an orderly wind down.
- Full Sail ⛵ (@FullSailFi) September 1, 2026

Full Sail Winds Down After $91,000 Exploit

Full Sail said the attacker exploited Switchboard production code that governs who can sign oracle price updates. The attacker then added a key they controlled to a live oracle.

Once the network accepted that key, false prices appeared valid. The attacker pushed prices to roughly 100 times below market and deposited into the affected vaults. Restoring the prices then allowed a withdrawal worth more than the deposit.

"This was not a Full Sail admin key compromise," the team added.
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Full Sail Becomes 2026's Latest Protocol to Close After a Hack

Full Sail Winds Down After $91,000 Exploit

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