The Sui ecosystem platform Cetus has restarted today, allocating 15% of Token compensation and receiving a loan of 30 million USDC.

CryptoFuturist · 2025-06-08T03:26:09+00:00

Cetus officially announced the restart on June 8 at 9 a.m., users can access all features, and the liquidity recovery rate is between 85% and 99%. A 15% Token compensation contract will be allocated, with 5% available for immediate collection, and 10% will be unlocked linearly in 2025. The team has invested $7 million and received loan support from the Sui Foundation for recovery, while also seeking legal action to recover stolen funds.

CryptoFuturist

2025-06-08 03:26:09

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On June 8th, the official Sui ecosystem liquidity platform Cetus announced that it will be restarting today at 9 AM UTC+8. Users will be able to access all features of Cetus, including trading, managing liquidity positions, adding/removing liquidity, and claiming fees and rewards, with the liquidity recovery rate for affected pools ranging from 85% to 99%.

Cetus will allocate 15% of the tokens for contract compensation, of which 5% will be available for immediate withdrawal upon restart, and 10% will be linearly unlocked over 12 months starting from June 10, 2025. The Cetus team stated that they have invested all available cash reserves of approximately $7 million and obtained a loan of 30 million USDC from the Sui Foundation to support the recovery. Meanwhile, the team is taking legal action in multiple jurisdictions to recover the remaining stolen funds.

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