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BTC $58,733.69 -1.37%
ETH $1,579.10 -0.72%
BNB $547.48 -0.96%
XRP $1.04 -0.24%
SOL $74.51 +0.68%
TRX $0.3164 -0.90%
DOGE $0.0716 -0.97%
ADA $0.1498 +3.19%
BCH $204.02 +2.39%
LINK $7.24 -0.90%
HYPE $65.02 -0.86%
AAVE $85.75 -6.20%
SUI $0.6996 +0.61%
XLM $0.1995 +7.45%
ZEC $401.90 +0.63%

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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