BlockBeats News, June 8, the Sui ecosystem liquidity platform Cetus officially announced that it will restart today at 9 a.m. UTC+8. Users will be able to access all of Cetus's functions, including trading, managing liquidity positions, adding/removing liquidity, and claiming fees and rewards, with liquidity recovery rates for affected pools ranging from 85% to 99%.
Cetus will allocate 15% of the token supply for contract compensation, with 5% available for immediate claiming at the restart and 10% to be linearly unlocked over 12 months starting from June 10, 2025. The Cetus team stated that they have deployed all available cash reserves of about $7 million and secured a $30 million USDC loan from the Sui Foundation to support the recovery. At the same time, the team is taking legal action across multiple jurisdictions to recover the remaining stolen funds.
