As of now, there are no confirmed reports of a hack involving Cetus Protocol, the main liquidity provider DEX on the Sui network.
While there have been discussions and concerns within the community regarding potential issues, no official statements or credible sources have verified an $11 million drain from the SUI/USDC pool.(Medium)
Cetus Protocol has been a significant player in the Sui ecosystem, with a Total Value Locked (TVL) surpassing $200 million and a user base nearing 2 million as of Q3 2024 .
$ The platform has also integrated features like a Swap Aggregator and Dollar Cost Averaging (DCA) to enhance user experience.(Medium, ChainCatcher)
Regarding the SUI token, its current price stands at $4.01 USD, reflecting a slight increase of approximately 3.35% from the previous close. The intraday high and low are $4.18 and $3.86, respectively.
If you're concerned about the security of your assets or have experienced issues with transactions on Cetus, it's advisable to:
Ensure you're using the official Cetus platform and not a phishing site.(Medium)
Check for any official announcements or updates from Cetus Protocol regarding platform status.(Medium)
Consider reaching out to the Cetus community or support channels for assistance.
Always exercise caution and conduct thorough research before engaging in any transactions, especially in the volatile crypto market.
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