Cetus Protocol will fully resume operations on June 8, 2025, at 3:00 UTC, following a security vulnerability attack on its CLMM liquidity pool. The platform confirmed that affected liquidity providers will recover 85%-99% of their assets through immediate compensation and linear unlocking mechanisms.
The team pledged to allocate 15% of the total token supply for loss compensation—with 5% immediately distributed at restart and the remaining 10% to be gradually released over 12 months. A $7 million cash reserve injection and a USDC loan from Sui Foundation will serve as the recovery plan's backstop, while legal proceedings will pursue the recovery of the remaining stolen funds.
All core functions, including trading, liquidity management, and reward claiming, will be restored. This incident highlights the ongoing security challenges in the DeFi sector, but Cetus's transparent remediation measures have set a precedent for protocol crisis response.
