Kevin | Aftermath (🥚, 🥚)

481 posts

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Kevin | Aftermath (🥚, 🥚)

Kevin | Aftermath (🥚, 🥚)

@KevinAftermath

Co-Founder and CTO of @AftermathFi | Building on @SuiNetwork | The future is EggFi

sui Katılım Kasım 2022
292 Takip Edilen1.6K Takipçiler
Kevin | Aftermath (🥚, 🥚) retweetledi
Aftermath Finance (🥚, 🥚)
Refunds for affected users have been processed. When you next connect to aftermath.finance, you'll be prompted to withdraw your balance in Aftermath Perps.
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Kevin | Aftermath (🥚, 🥚) retweetledi
Aftermath Finance (🥚, 🥚)
Aftermath Postmortem On April 29th, Aftermath experienced an isolated security incident in the integrator feature of AF Perps. All other products (afSui, Pools, Farms, Agg, SOR) are completely unaffected & all users will be made whole. This has been a scary week for crypto. AI tooling is developing rapidly, and we were among the almost a dozen protocols affected by hacks. We’re hopeful that by sharing our experience, we can help the broader crypto community learn and build back stronger. Root Cause The root cause was a signed integer issue in the integrator accounting logic. A malicious user was able to create their own integrator with a negative taker fee. This negative fee is then credited to a newly created account, which can be freely withdrawn from the vault. This issue was introduced as part of a diff on August 29, 2025. The changes were audited by @osec_io in Nov 2025, but the issue was unfortunately missed. Timeline The attacker (suivision.xyz/account/0x1a65…) was first funded on 04-28 22:02:07 UTC with 405.24 SUI. At 04-29 08:21:48 UTC, the attacker swapped 300 SUI for ~278 USDC via the SOR to obtain seed collateral for opening perp positions. From 04-29 08:55:50 UTC to 09:31:49 UTC, the attacker drained ~1,139,927 USDC from AFperps across 17 attempts (11 successful, 6 failed). Each of the 11 successful transactions was a single PTB that opened two accounts, registered the attacker as their own integrator with a negative 100,000 taker fee, executed a market order that crossed against a real counterparty’s maker order, then withdrew the resulting synthetic collateral as real USDC. From 04-29 09:22:23 UTC to 10:45:22 UTC, the attacker laundered the proceeds through fresh single-use wallets and DEX swaps before depositing to Binance (suivision.xyz/account/0x9350…) (~$250K USDC), KuCoin (suivision.xyz/account/0x13c0…) (~$400K USDC), Huobi (suivision.xyz/account/0xe5c0…) (HTX) (~150K SUI), and HitBTC (suivision.xyz/account/0x8612…) (~$150K USDC). Next Steps Out of an abundance of caution, we’re conducting an additional audit before relaunching AFperps with a separate company. That being said, we also recognize that manual review alone is insufficient in 2026. We are investing heavily to improve our AI-security workflows. AI tooling is developing rapidly, and we were among the almost a dozen protocols affected by hacks this week. We’re thankful to all of our partners for their rapid response and help. In particular, Blockaid, ZeroShadow, OtterSec, Sui Foundation, and Mysten Labs.
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Kevin | Aftermath (🥚, 🥚) retweetledi
Sui
Sui@SuiNetwork·
Today Aftermath Finance sustained an exploit of its perpetuals protocol on Sui which was subsequently paused. The Sui Foundation, in partnership with Mysten Labs, has committed to working with Aftermath Finance to both ensure fund recovery to users and continuity of the Aftermath protocol. Aftermath will provide further updates on fund recovery shortly.
Aftermath Finance (🥚, 🥚)@AftermathFi

Update: Great news. Thanks to support from @Mysten_Labs and @SuiFoundation all users will be made whole ZERO losses for anyone. Aftermath will be up and running again soon. Thank you to both teams and to @blockaid_ for the rapid response. For clarity: this was not a Move contract-language security issue.

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Kevin | Aftermath (🥚, 🥚) retweetledi
CryptoCondom
CryptoCondom@crypto_condom·
Uranium is starting to gain attention from a lot of big accounts as its structural supply deficit widens. As the world learns to reimbrace clean nuclear energy, demand will only continue to grow. @AftermathFi maybe the first perp dex to list $URA but I suspect it wont be the last. 🥂
Aftermath Finance (🥚, 🥚)@AftermathFi

You can now long or short $URA perps with up to 3x leverage. af.lol/perpetuals/USD…

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Kevin | Aftermath (🥚, 🥚)
Kevin | Aftermath (🥚, 🥚)@KevinAftermath·
i work in a company where eggs speak and i cannot talk about egg publicly (i have zero to no information on whats inside) people somehow talk about egg without any knowledge, interesting eggmaxxing though
fesal@iamknownasfesal

i work in a company where cryptography speaks and i cannot talk about cryptography publicly(i have zero to none information other than basic cryptography) people somehow talk about cryptography without any knowledge, interesting composabilitymaxxing though

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Kevin | Aftermath (🥚, 🥚) retweetledi
as required.
as required.@0xasrequired·
aftermath will probably be the best TREAD points farm > -0.5bps maker fee > but they have builder codes, so tread's 2bps builder fee applies > but that means that aftermath vol earns 4x tread pts --> 1.5bps fees for 4x tread pts, compared to the next cheapest 4x tread pts source (HIP-3) at 2.3bps > ofc you also earn aftermath pts > aftermath also distributed 50k SUI every 2 weeks for trading, as required. aftermath: af.lol/?ref=hyperliqu… tread: app.tread.fi/referral/JEIOB…
as required. tweet media
tread.fi@tread_fi

Aftermath (@AftermathFi) is now live on tread.fi! Read the docs to learn how to connect your Aftermath account docs.tread.fi/account-creati…

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Kevin | Aftermath (🥚, 🥚) retweetledi
BL
BL@_smbrian·
Great initiative! @StudioMirai has reduced RGP to 100 MIST to support @AftermathFi and @codanetwork high transaction volume features that benefit from low gas fees.
Aftermath Finance (🥚, 🥚)@AftermathFi

We are excited to announce that @AftermathFi, the perp exchange and @SuiNetwork validator, are proposing an 80% cut to Sui's RGP. We ask all @SuiNetwork validators to reduce their RGP to ≤ 100 MIST. We believe that this is both the right step and the right moment to align Sui with the rest of the market. Here's why: Sui today charges ~6x more than Solana for a simple transfer, despite having the competitive edge when it comes to faster finality, parallel execution, and greater flexibility through PTBs. A single order on Phoenix (Solana) costs $0.0011. On Aftermath, $0.0018. Both products have been heavily optimized for their respective stack. The remaining cost imbalance is due to how either chain charges for computation. Shouldn't we be incentivizing on-chain activity? After less than two months, Aftermath already consumes ~10% of Sui's daily gas. ~216k txs/day, ~2.1M on-chain events/day, 15 live markets across crypto, equities, and commodities. All fully on-chain. All paying gas on every quote, cancel, and fill. Lowering gas doesn't just save money for existing users; it unlocks entirely new participants - market makers, institutions, agents traders - who were previously priced out of high-frequency trading on Sui. Let's make Sui the home for onchain financial trading.

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Kevin | Aftermath (🥚, 🥚) retweetledi
amogh gupta
amogh gupta@0xAmoghGupta·
Aftermath Finance (🥚, 🥚)@AftermathFi

We are excited to announce that @AftermathFi, the perp exchange and @SuiNetwork validator, are proposing an 80% cut to Sui's RGP. We ask all @SuiNetwork validators to reduce their RGP to ≤ 100 MIST. We believe that this is both the right step and the right moment to align Sui with the rest of the market. Here's why: Sui today charges ~6x more than Solana for a simple transfer, despite having the competitive edge when it comes to faster finality, parallel execution, and greater flexibility through PTBs. A single order on Phoenix (Solana) costs $0.0011. On Aftermath, $0.0018. Both products have been heavily optimized for their respective stack. The remaining cost imbalance is due to how either chain charges for computation. Shouldn't we be incentivizing on-chain activity? After less than two months, Aftermath already consumes ~10% of Sui's daily gas. ~216k txs/day, ~2.1M on-chain events/day, 15 live markets across crypto, equities, and commodities. All fully on-chain. All paying gas on every quote, cancel, and fill. Lowering gas doesn't just save money for existing users; it unlocks entirely new participants - market makers, institutions, agents traders - who were previously priced out of high-frequency trading on Sui. Let's make Sui the home for onchain financial trading.

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moon shiesty
moon shiesty@moonshiesty·
@AftermathFi @SuiNetwork this means SUI network daily gas fees go from 5.8k->1.5k txs and AF daily gas spend $580->$116 tough time for alt L1 tokenomics
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Aftermath Finance (🥚, 🥚)
Aftermath Finance (🥚, 🥚)@AftermathFi·
We are excited to announce that @AftermathFi, the perp exchange and @SuiNetwork validator, are proposing an 80% cut to Sui's RGP. We ask all @SuiNetwork validators to reduce their RGP to ≤ 100 MIST. We believe that this is both the right step and the right moment to align Sui with the rest of the market. Here's why: Sui today charges ~6x more than Solana for a simple transfer, despite having the competitive edge when it comes to faster finality, parallel execution, and greater flexibility through PTBs. A single order on Phoenix (Solana) costs $0.0011. On Aftermath, $0.0018. Both products have been heavily optimized for their respective stack. The remaining cost imbalance is due to how either chain charges for computation. Shouldn't we be incentivizing on-chain activity? After less than two months, Aftermath already consumes ~10% of Sui's daily gas. ~216k txs/day, ~2.1M on-chain events/day, 15 live markets across crypto, equities, and commodities. All fully on-chain. All paying gas on every quote, cancel, and fill. Lowering gas doesn't just save money for existing users; it unlocks entirely new participants - market makers, institutions, agents traders - who were previously priced out of high-frequency trading on Sui. Let's make Sui the home for onchain financial trading.
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Kevin | Aftermath (🥚, 🥚)
Kevin | Aftermath (🥚, 🥚)@KevinAftermath·
Lobby your local validator today. Let’s make Sui the home for onchain financial transactions.
Aftermath Finance (🥚, 🥚)@AftermathFi

We are excited to announce that @AftermathFi, the perp exchange and @SuiNetwork validator, are proposing an 80% cut to Sui's RGP. We ask all @SuiNetwork validators to reduce their RGP to ≤ 100 MIST. We believe that this is both the right step and the right moment to align Sui with the rest of the market. Here's why: Sui today charges ~6x more than Solana for a simple transfer, despite having the competitive edge when it comes to faster finality, parallel execution, and greater flexibility through PTBs. A single order on Phoenix (Solana) costs $0.0011. On Aftermath, $0.0018. Both products have been heavily optimized for their respective stack. The remaining cost imbalance is due to how either chain charges for computation. Shouldn't we be incentivizing on-chain activity? After less than two months, Aftermath already consumes ~10% of Sui's daily gas. ~216k txs/day, ~2.1M on-chain events/day, 15 live markets across crypto, equities, and commodities. All fully on-chain. All paying gas on every quote, cancel, and fill. Lowering gas doesn't just save money for existing users; it unlocks entirely new participants - market makers, institutions, agents traders - who were previously priced out of high-frequency trading on Sui. Let's make Sui the home for onchain financial trading.

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