CoinVoice has learned that the Sui ecosystem liquidity platform Cetus officially announced it will restart today at 9 AM (UTC+8). Users will be able to access all features of Cetus, including trading, managing liquidity positions, adding/removing liquidity, and claiming fees and rewards, with the recovery rate of the affected pools between 85% and 99%.
Cetus will allocate 15% of the tokens for compensation contracts, of which 5% will be available for immediate claim upon restart, and 10% will be unlocked linearly over 12 months starting from June 10, 2025. The Cetus team has stated that they have invested all available cash reserves of approximately $7 million and obtained a loan of 30 million USDC from the Sui Foundation to support the recovery. At the same time, the team is taking legal action in multiple jurisdictions to recover the remaining stolen funds. [Original link]
