Cetus plans to complete a comprehensive recovery and restart within approximately one week

PANews|May 31, 2025 01:27
The Sui community recently approved a necklace proposal that will release approximately $162 million seized during last week's Cetus vulnerability, allowing DEX to repay users and restore full operations. The affected funds will be transferred to a multi signature wallet and held in custody until they are returned to the user according to the Cetus led plan. In response, Cetus announced plans to complete a comprehensive recovery and restart within approximately one week, including data recovery, restarting the upgraded CLMM contract, and fully restoring all suspended product features (including LP functionality).
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