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Typus Perp

avoid.net/typus-perp→28/100·82% conf.
[AI-DRAFTED · AWAITING VERIFICATION][src:defillama]

Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.

anchored·58FDgB…S3g8

Summary

Typus Perp is a GMX-style perpetuals DEX operating on the Sui blockchain, developed by Typus Finance (founded by Tommy Chen). On October 15, 2025, the protocol suffered a $3.44 million oracle manipulation exploit that drained its TLP liquidity pool entirely — caused by an unaudited smart contract module that was excluded from the project's May 2025 MoveBit security audit. As of May 2026, the protocol has minimal TVL ($126K) and the stolen funds have not been recovered.

Connected Entities

1 entities
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□Typus Perp
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    Timeline(12 events)

    2022

    Typus Finance founded by Tommy Chen on Sui blockchain.

    13 November 2024

    Vulnerable custom oracle contract package deployed to production powering the TLP pool.

    May 2025

    MoveBit security audit of Typus Finance completed. The vulnerable TLP oracle contract was excluded from audit scope.

    May 2025

    Cetus Protocol (primary Sui DEX) hacked for over $220 million — first major Sui exploit of 2025.

    September 2025

    Nemo Protocol exploited for $2.6 million via unaudited developer-deployed code — second major Sui exploit of 2025.

    15 October 2025

    Oracle manipulation attack begins at 13:05 UTC. Attacker exploits missing assert check in update_v2 function to manipulate prices and drain $3.44 million from the TLP pool across ten transactions.

    15 October 2025

    Team alerted at 13:24 UTC; all smart contracts paused at 13:39 UTC; root cause identified at 13:42 UTC; Sui Foundation notified at 13:48 UTC; law enforcement report filed at 14:54 UTC.

    15 October 2025

    TYPUS token falls approximately 35% from $0.009 to $0.0055 following exploit disclosure.

    15 October 2025

    Stolen assets bridged to Ethereum via Circle CCTP and converted to DAI on Curve.

    16 October 2025

    Typus Finance publishes post-mortem on Medium detailing attack timeline, vulnerability, and preliminary response plan. White hat bounty of 15% offered on-chain.

    2026

    Typus Finance initiates TLP Recovery Plan, requiring large LPs to submit contact information. No confirmed compensation disbursement reported.

    May 2026

    Typus Perp TVL stands at approximately $126,420 on DeFiLlama — down roughly 97% from pre-exploit levels.

    Provenance & Audit Trail
    Anchored on SolanaVerify on-chain14 Wayback Archivessrc:defillama

    Decision Log

    This investigation is cryptographically anchored to the Solana blockchain (1 event). 14 of 14 cited source URLs have an Internet Archive snapshot.

    full audit log →version history →

    model: claude-sonnet-4-6

    generated: 5/4/2026, 2:54:15 AM

    last updated: 9/11/2026, 5:36:59 AM

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