Based on SUI Decentralized exchange (DEX) The Cetus Protocol returned online following a 17-day outage recorded $ 223 million exploitation last month.
The protocol recovered around $ 162 million worth of stolen funds and ongoing legal action against the attack, which did not respond to DEX’s requests to settle.
Sui enters the Compensate Cetus For initial losses, the release of a loan to repay the affected users on May 28. Data of Defillrama It is shown that the total amount of Cetus locked (TVL) is $ 284 million before exploitation and is now $ 124 million.
The attack exploited a flaw in the shared contract of the Cetus ‘library’, cheating the protocol by believing that a token is worth millions of dollars.
In spite of attempts to arrange and arrive at a regulating, the attack began Laundering Funds By coin-mixing Tornado Cash service.
The cetus filled the pools with a pool between 85% to 99% of their initial liquidity, which means users can now trade on the platform without exceptional slippage.
Cetus token (Cetus) lost 44% of its value over the past month and dropped around 1% in the past 24 hours, CoinMarketCap Shut up.
