On June 9, it was reported that Cetus, a DEX protocol based on Sui and Aptos, completed its restart on June 8 after suffering a $223 million attack for 17 days. The protocol recovered $162 million in assets through a validator freeze and used $7 million in cash reserves and a $30 million USDC loan from the Sui Foundation to restore the affected liquidity pool to 85%-99% of its initial value. The remaining losses will be compensated linearly over a period of 12 months via CETUS tokens. Cetus Protocol said it plans to launch a new round of comprehensive audits in the future, upgrade the protocol’s real-time monitoring system, launch a new white hat bounty program, and revise the roadmap for upcoming product features.
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Cetus successfully restarted after a $223 million attack and has recovered $162 million in assets.
On June 9, it was reported that Cetus, a DEX protocol based on Sui and Aptos, completed its restart on June 8 after suffering a $223 million attack for 17 days. The protocol recovered $162 million in assets through a validator freeze and used $7 million in cash reserves and a $30 million USDC loan from the Sui Foundation to restore the affected liquidity pool to 85%-99% of its initial value. The remaining losses will be compensated linearly over a period of 12 months via CETUS tokens. Cetus Protocol said it plans to launch a new round of comprehensive audits in the future, upgrade the protocol’s real-time monitoring system, launch a new white hat bounty program, and revise the roadmap for upcoming product features.