Full Sail to shut down after Switchboard-related incident

Full Sail, a decentralized finance protocol on the Sui blockchain, is winding down after a security incident tied to oracle provider Switchboard led to user losses. The project said it has stopped new deposits and paused reward claims, and that regular pools will soon move to withdrawalonly mode after final checks. Full Sail said its main priority is compensating affected users. According to the project, an attacker removed about $91,000 from three vaults after a suspected compromise of Switchboard’s oracle infrastructure. Full Sail plans to use remaining protocolowned liquidity to repay users first, with the team covering any shortfall. Withdrawal and claim instructions are expected in the coming days.