Cetus plans to complete full recovery and restart in about a week
2025-05-31 01:31
Odaily News Cetus officially announced on X that the Sui community recently approved an on-chain proposal that will release approximately $162 million 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 in custody until they are returned to users according to the Cetus-led plan.
In response, Cetus announced plans to complete a full recovery and restart in about a week, including data recovery, restarting upgraded CLMM contracts, and fully restoring all suspended product functions (including LP functions).
