A significant security incident has impacted the Sui blockchain ecosystem. Cetus, a prominent decentralized exchange (DEX) operating on Sui, suffered a major loss of approximately $220 million in user funds due to an exploit on May 22, 2025. This attack significantly shook the DeFi landscape and prompted the DEX to release a detailed report outlining their response and recovery plan. Cetus has been proactive in addressing the fallout from this exploit by implementing a multi-faceted approach. Their comprehensive recovery plan includes collaborations with other projects, technical solutions for safe LP withdrawals, an on-chain vote for fund recovery, and negotiations with the attacker, aiming to restore lost funds. This incident serves as a critical reminder of the risks inherent in DeFi while highlighting the importance of robust security measures and community engagement. Cetus remains dedicated to addressing this situation head-on, paving the way for increased confidence within the Sui ecosystem.