Cetus plans to complete a full recovery and restart in about a week
May 31, 2025 11:53:30
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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