Solana DEX WET Suspends Trading After Internal Network Incident

BitcoinWorld Solana DEX WET Suspends Trading After Internal Network Incident Solana-based decentralized exchange WET has temporarily halted trading following an internal network incident that affected its systems and some of its funds.

The exchange confirmed that customer assets and third-party funds were not compromised, but it has not disclosed the extent of the losses or provided a timeline for when trading will resume.

Incident Details and Response WET, which operates a proprietary automated market maker model that supplies liquidity with its own funds, said the incident was detected during routine monitoring.

The team has since initiated an investigation to determine the scope of the event and is working to restore services safely. The exchange has not yet clarified whether the incident was caused by an external attack, a smart contract vulnerability, or an internal error.