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BTC $61,073.20 -1.42%
ETH $1,571.35 -4.86%
BNB $575.46 -2.42%
XRP $1.09 -2.02%
SOL $62.91 -4.19%
TRX $0.3201 -1.47%
DOGE $0.0820 -1.54%
ADA $0.1580 -2.15%
BCH $217.29 -1.17%
LINK $7.38 -1.80%
HYPE $59.33 -4.73%
AAVE $62.00 -4.71%
SUI $0.7114 +0.65%
XLM $0.2012 +6.97%
ZEC $370.70 +16.79%

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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