Can $CETUS still bottom out?
CETUS is a decentralized exchange and liquidity staking operating on the Sui and Aptos blockchains, utilizing liquidity market making.
The Cetus protocol suffered a hack, leading to a significant decrease in liquidity pool depth, with Cetus briefly dropping below $0.17, a decline of over 30%.
Operational advice: Hold for the medium to long term, look for positions to bottom out after stabilization!