The Cetus Protocol has returned to trading, offering deep liquidity across the Sui network for users. While some routes like CLMM are temporarily paused, the protocol is gearing up for a stronger and more secure future. Its aggregator boasts fast and user-friendly operations, working seamlessly across various platforms. 2023 saw Cetus Protocol’s launch, promising improved crypto trading. However, it wasn’t without hurdles. A major hack on May 22th resulted in the theft of over $223 million from the protocol’s USDC pool. This attack caused a significant drop in the SUI token price and impacted the broader DeFi space. 75% market decline. The Cetus team swiftly reacted, freezing funds, initiating recovery efforts, and seeking community input on rebuilding trust. 90.9% voted to transfer $160 million of frozen funds into a multi-signature wallet. The protocol has implemented new security measures, including the use of a multi-signature wallet managed by Cetus, the Sui Foundation, and OtterSec for increased control and protection against further attacks. Meanwhile, Cetus Protocol’s volume surged by 35.39%, indicating a growing user base despite market uncertainty. The exchange is now working on resuming the CLMM route, with a focus on addressing the technical issues and improving user experience.