Full Sail’s automated vaults suffered losses following abnormal or compromised Switchboard oracle data on Sui. Full Sail uses Switchboard as an external oracle and has safeguards intended to cross-check oracle prices against on-chain pool prices, but it has not yet disclosed how the compromised feed bypassed or interacted with those protections

An attacker exploited a vulnerability in Switchboard’s production code to add a controlled key to a live oracle, published false prices roughly 100 times below market, deposited into Full Sail vaults at distorted values, then restored prices and withdrew more than deposited.