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Cetus Throws SUI a Lifeline in Bid to Bounce Back—Because Nothing Says ’Recovery’ Like a Crypto Bridge Loan
Cetus Throws SUI a Lifeline in Bid to Bounce Back—Because Nothing Says ’Recovery’ Like a Crypto Bridge Loan
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Cetus—the DeFi protocol that recently had users sweating over their liquidity pools—just unveiled a comeback play straight out of the crypto crisis playbook. Their move? A bridge loan backed by SUI tokens, because when in doubt, collateralize your way out.
Here’s the kicker: It’s either a genius liquidity patch or another case of ’decentralized finance’ leaning on centralized lifelines. Either way, the market’s watching to see if this Band-Aid holds or if Cetus becomes another cautionary tale in the DeFi graveyard.
Bonus jab: Because nothing rebuilds trust like leveraging one volatile asset to rescue another—ah, the poetry of crypto risk management.
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