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SOL $100.97 -0.70%
TRX $0.3385 -0.23%
DOGE $0.0839 -0.89%
ADA $0.2067 -0.07%
BCH $223.91 -0.64%
LINK $11.38 -1.05%
HYPE $80.06 +1.11%
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SUI $0.7191 -0.52%
XLM $0.1817 +1.02%
ZEC $1,118.44 -1.91%
AAPL $329.43 -1.08%
AMZN $254.52 -0.90%
GOOGL $335.79 -1.47%
MSFT $493.35 -0.35%
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SPCX $148.75 -1.01%
MU $938.65 -2.83%
AMD $498.87 -2.75%

Cetus plans to complete a full recovery and restart in about a week

2025-05-31 11:53:30

ChainCatcher message, the Sui community recently approved an on-chain proposal that will release approximately $162 million that was seized during the Cetus vulnerability last week, allowing the DEX to repay users and resume full operations. The affected funds will be transferred to a multi-signature wallet and held until they are returned to users according to the plan led by Cetus.

In response, Cetus announced plans to complete a full recovery and restart in about a week, which includes data recovery, restarting the upgraded CLMM contracts, and fully restoring all paused product features (including LP functions), among others.

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