hodgepodges
@hodgepodges
Cetus Protocol is back online today at 9 AM after a hack hit its CLMM pools. Users can now trade, manage liquidity, and claim rewards as usual. Recovered pools have 85%-99% liquidity restored. To cover losses, 15% of tokens are allocated for compensation—5% available now, 10% unlocked over 12 months starting June 2025. The team used $7M cash reserves and a $30M USDC loan from Sui Foundation. Legal action is underway to recover remaining funds.
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