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Cetus Protocol Resumes Post-Exploit Operations with Compensation Plan

Adriana M. by Adriana M.
June 8, 2025
in Altcoin News
Key Takeaways:
  • Cetus Protocol resumed full operations post-exploit, offering complete compensation.
  • Community-driven recovery; no new institutional capital injected.
  • Only SUI-based tokens affected; major assets remained stable.
cetus-protocol-resumes-post-exploit-operations-with-compensation-plan
Cetus Protocol Resumes Post-Exploit Operations with Compensation Plan

Cetus Protocol relaunched on June 8, 2025, at 3:00 UTC, restoring its decentralized exchange and liquidity platform on the Sui blockchain with a comprehensive compensation plan for users affected by the recent exploit.

Cetus Protocol’s relaunch matters as it demonstrates community resilience in recovery efforts, affecting Sui blockchain’s trading volumes post-hack.

Cetus Protocol

The Cetus Protocol resumed operations following a $223 million exploit on May 22, affecting its liquidity pools. As of June 8, 2025, all platform functions have been restored, and a compensation plan for affected users is in place.

In response to the exploit, Cetus Protocol emphasized a community-driven recovery, with current liquidity pool recovery rates between 85% and 99%. Affected users are assured of a 100% fund return through governance mechanisms.

Cetus Protocol will go live again on June 8, 2025, at 3:00 UTC. Users will regain full functionality, including trading … the CETUS compensation plan will launch simultaneously. – Cetus Protocol, Official Communication, Cetus Protocol

The exploit had notable effects on the Sui-based tokens, particularly CETUS. Despite the initial devaluation, community support for the compensation plan indicates renewed confidence. SUI DEX volumes surged following the protocol’s return.

Financially, the hack impact was extensive, yet no new institutional funding was announced. Compensation and recovery relied upon community governance and the project’s treasury resources, with similar historical precedents in DeFi responses.

Future Resilience

Experts argue that with increased resilience and technological integrity, future DeFi protocols could better withstand exploits. Cetus’s relaunch reflects this possible trend of strengthening industry trust through effective recovery strategies.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

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