Cetus Protocol is set to fully restart on June 8, 2025, at 3:00 UTC, following a significant hack that impacted its CLMM pool. The protocol's officials announced that users will regain access to all features, including trading and liquidity management. The liquidity recovery rate for affected pools is estimated between 85% and 99%.
To address the losses, Cetus will allocate 15% of its token supply for compensation, with 5% available immediately and the remaining 10% unlocking over 12 months starting June 10, 2025. The team has committed approximately $7 million in cash reserves and secured a 30 million USDC loan from the Sui Foundation to aid recovery efforts. Additionally, legal actions are underway in various jurisdictions to recover the stolen funds.
Cetus Protocol to Relaunch with 85%-99% LP Recovery After Hack
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