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ETH $2,293.32 -2.29%
BNB $623.90 -1.30%
XRP $1.39 -2.56%
SOL $84.32 -2.50%
TRX $0.3254 +0.52%
DOGE $0.0980 -0.80%
ADA $0.2456 -2.73%
BCH $452.97 +0.31%
LINK $9.23 -2.67%
HYPE $41.89 +1.41%
AAVE $97.33 +1.92%
SUI $0.9277 -1.94%
XLM $0.1666 -2.59%
ZEC $357.93 +0.69%

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

2025-05-31 11:53:30
Collection

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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