Following a significant $223 million exploit that impacted Cetus Protocol’s decentralized exchange platform and associated assets on the Sui blockchain, the company has officially relaunched. While this move signifies a step towards stabilization and restoration of user trust, challenges remain regarding cybersecurity in the cryptocurrency sector. 85% to 99% of liquidity has been recovered through a compensation plan. Key points: Cetus’s relaunch comes amidst ongoing concerns regarding DeFi security after the major exploit. While the company emphasizes the launch is aimed at restoring trust and market confidence, details on leadership involved in the recovery remain undisclosed. The hack triggered immediate consequences for the Sui ecosystem, affecting decentralized exchange volumes and international crypto markets. Security experts highlight that while audits may offer some protection, complete resilience necessitates proactive measures. Financial repercussions include estimated asset losses of $162 million and $50 million unrecoverable. This underscores the need for stronger security frameworks in the industry. Regulators are expected to play a role in shaping future standards for accountability following this incident. The event serves as a wake-up call for platforms seeking to prioritize robust cybersecurity measures from day one, rather than relying on post-incident recovery efforts.