Cetus Protocol Relaunches on June 8th with Full Functionality Restoration

The Cetus protocol is set to relaunch on June 8th, bringing back full functionality following a major exploit. The team has achieved significant progress in restoring liquidity, securing the platform’s stability, and compensating affected users. 85–99% of lost liquidity will be restored with a $30 million USDC loan from the Sui Foundation and $7 million from Cetus’ treasury fund. 15% of the CETUS token supply has been allocated for user compensation, starting June 8th, with monthly vesting over 12 months.