Cetus Protocol Returns with Comprehensive Recovery Plan – Coincu

Cetus Protocol went back online on June 8, 2025, resuming full services post-recovery from past disruptions.

This relaunch follows a major breach in May, leveraging asset recovery and external financial support to enhance liquidity.

Cetus Relaunches with $30 Million USDC Intervention

Cetus Protocol resumes operations on June 8, reinstating full access to all platform functions. The relaunch followed significant events where the Sui validators successfully voted to recover a portion of stolen assets, aiding financial reinstatement.

The initiative aims to restore liquidity with contributions from recovered assets and a $30 million USDC loan from the Sui Foundation. Additionally, the Cetus team committed $7 million from its reserves to this effort. The promise to not mint additional tokens further maintains user trust.

Community and market watchers actively monitor the relaunch impact. Users express optimism with the leadership’s commitment to compensating LP holders and ongoing transparency. Market sentiments have been cautiously optimistic, with a 6.96% rise observed in CETUS following related announcements.

CETUS Price Dynamics and Market Sentiments

Did you know? Cetus Protocol’s decision to use a special loan and asset recovery mirrors other industry precedents, aiding swift recovery efforts much like previous cases with Curve Finance.

Cetus Protocol’s CETUS token stands at $0.12, experiencing a recent decline of 4.64% over the last 24 hours according to CoinMarketCap. The market cap is approximately $95.28 million, reflecting a dominance of 0.29%. Trading volume surged by 185.92%, reflecting heightened market activity.

Insights from the Coincu research team suggest cautious optimism as Cetus Protocol embarks on this recovery journey. Potential positive shifts in liquidity health could influence broader market stabilization efforts and set noteworthy precedents for financial and technological strategies post-incident.