Decentralized exchange Cetus has announced a planned June 8th relaunch, following a high-profile security breach that resulted in over $60 million in losses. The protocol is taking steps to recover and restore operations, but recovery remains incomplete. While the announcement of their comeback has spurred interest in CETUS tokens, the stolen funds have yet to be recovered. Cetus reveals its plans for restoring lost liquidity and addressing the security breach. The team began by re-filling impacted CLMM pools with funds from three sources: $160 million recovered from stolen assets after an on-chain vote among validators; part of the treasury funds was used to refill pools, and a $30 million USDC loan was secured for the SUI Foundation. While the team is confident in their recovery plan, the full return of impacted liquidity may take time due to limited resources. Cetus will use its own CETUS tokens to assist in covering losses. The company also emphasizes that they will pursue recovering the remaining funds through legal action in multiple jurisdictions and for potential buybacks or repayment of the SUI Foundation loan. While Cetus has taken steps to address the security issue, a major part of their plan is ensuring the project’s continued safety. They have initiated additional code audits to prevent future hacking attacks, and are also improving monitoring systems to detect threats in real-time. Cetus believes these steps will help foster a more community-driven ecosystem. The relaunch has sparked excitement for the platform as CETUS price surged by over 6.96% within the last 24 hours. However, it’s important to note that, following early rumors of a widespread refund, the price has since moderated, and SUI has also experienced fluctuations. The company has shown a commitment to moving forward.