Cetus Protocol has restarted operations after being attacked by a vulnerability and is planning to open source it

金色财经
金色财经|Jun 09, 2025 02:54
Golden Finance Report, Cetus Protocol, A Sui native decentralized exchange, which suffered a massive $220 million attack in May, has announced that it is advancing its open source plan after a recent restart. On May 22nd, an attacker exploited a pricing mechanism vulnerability to withdraw tokens from Cetus' main liquidity pool. The protocol successfully froze $162 million of stolen funds shortly after the attack occurred. Prior to the attack, Cetus' trading volume had been on an upward trend, exceeding $5 billion in April and reaching $5 billion in May, despite suspending operations after May 22nd. In a Medium blog post on June 7th, the Cetus team announced the day before the restart that they are moving towards full open source and launching a new white paper bounty program to "encourage collective contributions in technology and security. As part of the restart, the team stated that they worked "day and night" to fix the software vulnerability that led to the hacker attack, restore pool data to the correct price, and conduct security audits on all code fixes and contract upgrades.
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