CETUS Surges 29% After Swift Security Response and $162M Asset Freeze Restores Confidence

Cetus Protocol (CETUS) is currently trading at $0.1631 with a 24-hour price increase of 29.65% and strong trading volume, reflecting significant market activity and a notable recovery from recent volatility. The sharp price rebound in the last 24 hours is primarily attributed to the protocol’s rapid response to the May 22, 2025 security breach, including freezing $162 million of stolen assets, initiating compensation and recovery plans, and ongoing collaboration with the Sui community to reimburse affected users, which has restored some market confidence following the initial negative impact of the exploit.