Cetus plans to complete full recovery and restart in about a week

PANews reported on May 31 that the Sui community recently approved an on-chain proposal that will release approximately $162 million seized during the Cetus vulnerability last week, allowing the DEX to repay users and resume full operations. The affected funds will be transferred to a multi-signature wallet and held in custody until they are returned to users according to the Cetus-led plan. In response, Cetus announced plans to complete a full recovery and restart in about a week, including data recovery, restarting the upgraded CLMM contract, and fully restoring all suspended product functions (including LP functions).

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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