Cetus announced that it will restart today at 9 o'clock, with the liquidity pool recovery rate between 85% and 99%

ChainCatcher news, the Sui ecosystem liquidity platform Cetus officially announced that it will restart 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 compensation contracts, with 5% available for immediate withdrawal upon restart, and 10% to be unlocked linearly 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 secured 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.