The oracle provider Switchboard shut down its price feeds on four blockchains on August 29, 2026: Sui, Aptos, IOTA and Movement. If you hold funds on one of these chains in a lending market, a vault or a collateralised position, this is no footnote from the engineering department. It is the reason your position may not be closable right now. The trigger, on the provider's account, was the suspicion of a compromised oracle key. The chains themselves kept running. The news matters more than the sum of the damage: what was hit was not a single protocol but the price supply on which many protocols depend at once. If you tried to do something on Sui or Aptos in recent days and ran into a frozen interface, the explanation is here. What happened on August 29: oracle key compromised, four chains without price feeds Switchboard operates price feeds through which decentralised applications learn what an asset is currently worth. After detecting a possible compromise, the provider halted these feeds on all four chains where it works in the Move programming language. Its Solana installation was untouched and kept running, according to the report by Cryptobriefing. According to the same report,...
Switchboard Oracle Compromised: Why Price Feeds on Sui, Aptos, IOTA and Movement Have Stopped
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