Gate News Bot Message, January 06, According to CoinMarketCap data, at the time of press, CETUS (Cetus Protocol) is trading at $0.03, up 23.35% in the past 24 hours, with a high of $0.03 and a low of $0.02. The current market capitalization is approximately $28.5 million, an increase of $5.39 million from yesterday. Cetus is a leading decentralized exchange built on the Sui blockchain, dedicated to simplifying trading experiences for all users and assets. The platform offers a Super Aggregator feature that consolidates all major liquidity sources within the Sui ecosystem; Infinity Pools provide permissionless liquidity pools with multiple fee tiers, supporting liquidity provision within specific price ranges to improve capital efficiency.

Odaily News Web3 security company CertiK released a report indicating that in the first half of 2025, Web3 security incidents resulted in losses of nearly $2.5 billion, with a net loss of $2.29 billion, exceeding the total for last year. Phishing attacks have become the biggest threat, with losses of about $400 million in the second quarter, accounting for half of the total losses for the quarter (about $800 million), far exceeding the same period last year. Although incidents of Private Key leakage have decreased and code vulnerability attacks remain at historical averages, vigilance is still needed for significant cases like the Cetus Protocol.

According to Gate News bot, the Sui-based DEX Cetus team, which was previously hacked, recently said that the team is moving towards full open source and has launched a new "white hat bounty program" to "encourage collective technical and security contributions". As part of the protocol reboot, the team has fixed the software vulnerabilities that led to the hack, restored the pool data to the correct pricing, and conducted a security audit of all code fixes and contract upgrades. The affected liquidity pool has been replenished with $7 million in cash reserves, a $30 million USDC loan from the Sui Foundation, and some of the assets recovered from the attackers. However, not all compromised pools have fully recovered, with the current recovery rate ranging from 85% to 99%, depending on the extent of the pool's losses during the attack.

Golden Finance reports that Cetus Protocol, a Sui-native decentralized exchange that suffered a large-scale attack of $220 million in May, is advancing its open source plan after recently restarting. On May 22, an attacker exploited a pricing mechanism vulnerability to withdraw tokens from Cetus's main liquidity pool. The protocol successfully froze $162 million of the stolen funds shortly after the attack occurred. Before the attack occurred, Cetus's trading volume had been on the rise, exceeding $5 billion in April and also reaching $5 billion in May, despite pausing operations after May 22. In a Medium post on June 7, the Cetus team stated a day before the relaunch that they were working towards full Open Source development and were launching a new white paper bounty program to "encourage collective contributions in technology and security." As a restart

Golden Finance reported that Slow Mist founder Yu Xian posted on the X platform, stating that after the Cetus theft incident was covered by the Sui Foundation, users can currently retrieve most of their funds. Slow Mist also received a $20,000 tip from Hoi (@JaceHoiX), and the hacker tracking is still ongoing.

Gate News bot reported that Cetus Protocol has confirmed that it will resume full functionality at 3:00 UTC on June 8, 2025. At that time, users will have access to all services such as trading, liquidity management, and reward collection. In response to the liquidity replenishment, the team deployed three specific measures: recovering and rebalancing the attacker's assets through the Sui validator on-chain voting; Invested about $7 million in the team to purchase missing assets; Secured a loan of 30 million USDC from the Sui Foundation. In the compensation scheme, the total amount of CETUS token compensation is 15% of the token supply, of which 5% will be available for claim when the platform restarts, and the remaining 10% will be unlocked linearly over the next 12 months. The team made it clear that there will be no additional token issuance, and only minor adjustments will be made to the release plan. If the assets are recovered subsequently, they will be used for user compensation or CETUS repurchase.

Gate News bot message, Sui ecological Liquidity platform Cetus announced that the Cetus Liquidity Aggregator has been relaunched, and the Cetus CLMM routing is temporarily closed and will be opened later. The full relaunch of Cetus is coming soon.

Cetus securely transfers funds attacked by hackers through a multisignature trust Wallet, promising to return them to users. The Sui community approves the proposal to release the seized funds, helping the DEX resume operations.

Cetus announced that it has safely transferred the funds from the $220 million Hacker attack to a multisignature trust Wallet to ensure a return to users. The Sui community approved the proposal to release $162 million for compensating users and restoring the full operation of the DEX. Cetus stated that contract upgrades and preparations for a restart are underway.