SUI token drops 9.2% after a $116M DeFi exploit shakes crypto markets, sparking institutional sell-offs and shifting trust toward verified projects like XRP Tundra.
The cryptocurrency market witnessed another sharp shock recently as SUI, the native token of the Sui blockchain, fell 9.2% following renewed fears about DeFi vulnerabilities. The decline came after news of a $116 million exploit involving Balancer, one of the largest decentralized liquidity platforms, rippled through the industry and spooked traders.
During Tuesday’s session, SUI slid to as low as $2.02 as volume surged 68% above its daily average. CoinDesk Research reported signs of institutional liquidation, indicating that large funds reduced exposure to riskier assets amid wider market unease. In contrast, projects emphasizing external verification and transparency, such as XRP Tundra, have seen growing investor confidence.
Exploit Fallout Sends SUI into a 9% Slide
The Balancer breach triggered immediate reactions across the decentralized finance ecosystem. Exploit data released on Monday showed that attackers siphoned more than $116 million worth of digital assets through a series of smart-contract manipulations. The event intensified long-standing debates about on-chain auditing standards and the need for independent verification in DeFi.
Following the exploit, automated trading algorithms accelerated SUI’s downward move, pushing the token through key technical levels. More than 42.6 million tokens exchanged hands during the sell-off. This is a significant increase from the average daily volume and reflects a “flight to verified safety,” as investors temporarily shifted focus toward projects with externally validated contract integrity and identifiable development teams.
Amid the fallout, XRP Tundra’s documentation and security framework have drawn renewed attention for offering precisely the kind of transparency the market has been calling for.
Verified Identity Through Vital Block KYC
While SUI’s decline underscored the industry’s exposure to anonymous teams and opaque audits, XRP Tundra has taken the opposite path. The project has completed comprehensive verification through Vital Block KYC, a respected third-party service specializing in blockchain compliance.
The verification process involved full identity documentation of core team members and confirmation through GitHub’s Project-KYC-Verification repository. Though the team maintains operational anonymity for personal security, its decision to undergo third-party checks aligns with best practices in modern DeFi. It ensures that while public pseudonymity remains, accountability to regulators and investors is demonstrably in place.
This KYC certification places XRP Tundra among a small group of DeFi projects that combine privacy with compliance. All governance updates, audit results, and development logs are published openly, allowing community members and external analysts to verify progress in real time. This approach contrasts sharply with many projects that disclose limited or unverifiable technical data.
Triple Security Audits Confirm Integrity
Beyond team verification, XRP Tundra’s credibility rests on three independent security audits conducted by leading firms in the blockchain security space. Each audit examined separate layers of the project’s architecture, focusing on token management, contract immutability, and ownership conditions.
The SolidProof report, published earlier this year, delivered a 95% security rating with no critical or medium-severity vulnerabilities. Reviewers confirmed that the token contracts cannot mint new tokens, blacklist addresses, or modify fees beyond a 25% cap. Ownership has been renounced, and the contract is non-upgradeable – meaning the code cannot be altered post-deployment.
A secondary review from Cyberscope awarded an 82% overall score and a 95% security rating, validating the safety of Solana-based functions tied to the TUNDRA-S token. The firm confirmed that mint, freeze, and update authorities were revoked to prevent future manipulation.
Inclusion in the FreshCoins verification registry adds a third layer of credibility, with independent reviewers affirming compliance with standard DeFi audit benchmarks. Collectively, the audits reinforce what many investors now prioritize – externally verified code integrity and immutable contract logic.
Coverage from Crypto Nitro highlighted this exact contrast, noting that while exploits like Balancer’s expose weak security governance, XRP Tundra’s audited framework provides measurable, verifiable protection.
Investor Confidence Builds Ahead of Phase 10 Close
The emphasis on transparency has translated into tangible momentum. XRP Tundra’s ongoing Phase 10 presale continues to attract participants seeking verifiable exposure to dual-chain DeFi architecture. The project offers TUNDRA-S at $0.158 with a 10% bonus, alongside TUNDRA-X at a $0.079 reference price. Listing values are targeted at $2.5 for TUNDRA-S and $1.25 for TUNDRA-X.
More than $2.5 million has already been raised, underpinned by on-chain tracking and immutable smart contracts. The publicly available audits from SolidProof, Cyberscope, and FreshCoins, together with the Vital Block KYC, collectively verify that ownership has been renounced and contract functions are secure.
For investors checking is XRP Tundra legit before entering the presale, this documentation provides a full record of audit transparency and compliance. The combination of verified identity, immutable contracts, and multi-firm oversight demonstrates a security standard that stands apart in today’s market.
After the Balancer exploit shook confidence in DeFi, XRP Tundra’s triple audits and verified KYC stand as proof of trust. Participate in the Phase 10 presale today.
Buy Tundra Now: official website
How To Buy Tundra: step-by-step guide
Security and Trust: SolidProof audit
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