The Cetus Protocol, a decentralized exchange operating on the Sui blockchain, resumed operations on June 4th, 2025 following a significant $223 million exploit. The attack targeted the protocol’s DEX platform, causing substantial asset loss. However, thanks to swift action and community support, recovery efforts are underway. proceeds from Cetus Protocol’s cash reserves and token treasuries will be used to compensate users, with a pending vote on distributing frozen on-chain assets. The Sui Foundation has also provided financial assistance to ensure the full repayment of affected users. This incident reinforces the importance of robust security protocols in decentralized finance platforms, highlighting the potential for swift recovery through community involvement.