Cetus DEX Resumes Operations After Recovering $162M and Securing $30M USDC Loan

Cetus Protocol, a decentralized exchange operating on Sui and Aptos blockchains, has successfully relaunched following a major security breach in May. The platform recovered $162 million of stolen assets and secured a $30 million USDC loan from the Sui Foundation, bolstering its reserves.

The exploit, which initially drained $260 million from Cetus, was partially mitigated when sui validators froze the attacker's wallet. Despite these efforts, approximately $98 million was laundered through Tornado Cash before authorities could intervene.

Post-recovery measures included comprehensive security upgrades: vulnerability patches, pool rebalancing, and smart contract audits. The team allocated 15% of CETUS token supply, including unvested team tokens, for user compensation.