Cetus Protocol Relaunches with $220M Recovery Plan

• Cetus Protocol recovers from $220M exploit with user compensation.
• $30M loan from Sui Foundation aids liquidity revival.
• CETUS tokens allocated to restore user trust from June 8.

Decentralized exchange Cetus Protocol has relaunched operations following a devastating $220 million exploit. The team unveiled a comprehensive recovery plan aimed at restoring user trust and platform stability. The plan includes liquidity restoration, token compensation, and critical support from the Sui Foundation.

$30M Loan and 85-99% Liquidity Recovery

To kick-start recovery, Cetus Protocol has secured a $30 million loan from the Sui Foundation. This financial injection is helping the platform restore 85% to 99% of the liquidity in affected pools—an essential move to regain trader confidence and resume smooth DeFi operations.

Liquidity restoration is being prioritized for the most affected users and pools. According to the project team, efforts are being made to balance fairness and efficiency in fund distribution, while ensuring systemic integrity going forward.

CETUS Token Compensation Begins June 8

In addition to the liquidity efforts, Cetus is allocating 15% of its native CETUS token supply to compensate impacted users. Distribution of these tokens began on June 8 and will follow a structured plan aimed at offsetting user losses from the hack.

The CETUS token compensation is seen as a critical step in rebuilding the community’s confidence. Users are encouraged to monitor the official Cetus channels for detailed eligibility criteria and timelines.

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