CETUS Jumps 29% After $223M Breach Recovery, Community Governance Spurs Renewed Confidence

Cetus Protocol (CETUS) is currently trading at $0.1661, reflecting a 24-hour increase of 29.46% with robust trading volume and a market cap near $117 million, ranking it #340 among cryptocurrencies. The sharp price rebound follows recent major news of a security breach on May 22, 2025, in which $223 million was stolen from Cetus due to a smart contract vulnerability; subsequent recovery efforts, including freezing $162 million of the stolen assets and the Sui Foundation’s $10 million commitment to security, have contributed to renewed market confidence and increased trading activity. The price surge is directly linked to the project's transparent recovery actions, ongoing community governance for user fund compensation, and heightened attention from both traders and the broader ecosystem in response to these developments.