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June 9, 2025

Cetus Protocol Makes a Strong Comeback After $223 Million Hack

In an impressive turn of events, Cetus Protocol, a decentralized exchange operating on Sui and Aptos blockchains, resumes operations after overcoming a significant setback. Just two weeks following a massive $223 million exploit, the platform has successfully recovered around $162 million of the stolen funds. This recovery was achieved with crucial support from the Sui Foundation, showcasing the resilience and commitment of the team behind Cetus. The swift actions taken by the protocol signify a robust response to the challenges faced in the DeFi space. Investors and users can now look forward to the renewed services of Cetus, offering enhanced security and trust in their trading environments. As DeFi continues to evolve, Cetus stands as a testament to the industry’s potential for recovery and progress, fostering optimism among users and investors alike.

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