Sui Network Supports Cetus Recovery Plan While Abstaining from Voting

The Sui network has taken a supportive stance in response to the $223 million security breach affecting the Cetus Protocol, but remains neutral during the voting process. A significant portion of user funds were lost after the hack on May 21, 2025, with validators freezing $162 million and a further $60 million remaining unaccounted for. The Sui network is actively supporting the recovery plan through an on-chain vote, while maintaining neutrality. The Cetus Protocol paused its smart contracts to prevent further damage and is seeking community approval through a vote.