Cetus Protocol (CETUS) Soars 27% After Hack Recovery Announcement

The Cetus Protocol, the largest liquidity provider on the SUI blockchain, witnessed a remarkable intraday surge of 27% in its native token CETUS price. This follows an announcement confirming the recovery of assets following a significant security breach last week. The protocol stated their plans to cover the stolen funds using cash reserves, token treasuries, and a loan from the Sui Foundation. This positive news has propelled CETUS among the top gainers of the day.