Cetus Protocol Resurrects after $220 Million Exploit with User Compensation Plan

Following a devastating $220 million exploit, the Cetus Protocol has launched its relaunch with a comprehensive recovery plan designed to rebuild user trust and restore platform stability. Key highlights of this plan include a $30 million loan from the Sui Foundation for liquidity revival, 85-99% liquidity restoration targeting affected pools, and 15% CETUS token allocation for user compensation, commencing June 8th.