CETUS, a decentralized exchange (DEX) based on Sui and Aptos, has resumed operations a month after large-scale hacking.
The platform team managed to return $162 million in stolen funds and receive a $30 million loan from the Sui Foundation.
In addition to resuming normal operations, CETUS has launched a compensation program to reimburse users affected by the hack. One user reported receiving 86% of their SUI, although another user noted a 27% gap in the supposedly unaffected liquidity pool.
The Sui team recovered some of the stolen funds after network validators froze the hacker’s wallet.
Following the attack, the CETUS team informed users that they had fixed the vulnerability, fixed all affected pool data, rebalanced assets and pools, and developed a compensation strategy. In addition, a smart contract security audit was initiated before the restart.
To compensate for the losses of the victims, the team allocated 15% of the total CETUS supply, including undistributed employee tokens.
Despite all the difficulties, after the restart, CETUS returned to the top ten largest decentralized exchanges by daily trading volume.
The CETUS relaunch itself was not without complications, as users complained about the inability to withdraw funds from the pool.
