Switchboard Move Oracle Compromise Hits Full Sail, Virtue and Volo
Switchboard halted Move oracle deployments on four chains after reports of compromise. Full Sail confirmed vault losses, Virtue saw 47 liquidations, and Volo paused access.
Switchboard halted deployments of its Move-language oracles on Aptos, Sui, IOTA and Movement after reports of potential compromise. No issues were reported on its Solana implementation, and no root cause or restoration timetable has been published.
Full Sail confirmed vault losses and paused deposits and withdrawals pending oracle restoration. The size of the loss and the specific vaults affected remain undisclosed.
Virtue reported that an attacker gained control of all 14 oracles on its IOTA mainnet queue, pushed the IOTA price to $10 million then near zero, and triggered 47 liquidations affecting 45 users. The protocol froze all operations.
Volo paused vault deposits and withdrawals on Sui as a precaution; it stated that user funds remain safe.