{"id":30934,"date":"2025-06-09T12:46:48","date_gmt":"2025-06-09T12:46:48","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=30934"},"modified":"2025-06-09T12:46:48","modified_gmt":"2025-06-09T12:46:48","slug":"suis-cetus-dex-is-back-online-after-223m-exploit","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=30934","title":{"rendered":"Sui&#8217;s Cetus DEX Is Back Online After $223M Exploit"},"content":{"rendered":"<div>\n<p>Sui-based <a href=\"https:\/\/www.coindesk.com\/learn\/what-is-a-dex-how-decentralized-crypto-exchanges-work\/\">decentralized exchange<\/a> (DEX) Cetus Protocol is back online following a 17-day outage spurred by last month&#8217;s $223 million exploit.<\/p>\n<p>The protocol recovered around $162 million worth of stolen funds and is continuing legal action against the attacker, who did not respond to the DEX&#8217;s requests to negotiate.<\/p>\n<p>Sui stepped in to <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/05\/28\/sui-network-steps-in-to-compensate-cetus-losses-in-full-after-223m-exploit\">compensate Cetus<\/a> for the initial losses, issuing a loan to reimburse impacted users on May 28. <a href=\"https:\/\/defillama.com\/protocol\/cetus\">DefiLlama data<\/a> shows that Cetus&#8217; total value locked (TVL) was $284 million before the exploit and is now down to $124 million.<\/p>\n<p>The attacker exploited a flaw in Cetus&#8217; shared math library contract, tricking the protocol into believing that one token was worth millions of dollars.<\/p>\n<p>Despite attempts to negotiate and come to a settlement, the attacker began <a href=\"https:\/\/etherscan.io\/address\/0x89012a55cd6b88e407c9d4ae9b3425f55924919b\">laundering funds<\/a> through coin-mixing service Tornado Cash.<\/p>\n<p>Cetus has refilled the liquidity pools with between 85% to 99% of their initial liquidity, meaning that users can now trade on the platform without exceptional slippage.<\/p>\n<p>The Cetus token (CETUS) has lost 44% of its value over the past month and is down around 1% over the past 24 hours, <a href=\"https:\/\/coinmarketcap.com\/currencies\/cetus-protocol\/\">CoinMarketCap<\/a> shows.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Sui-based decentralized exchange (DEX) Cetus Protocol is back online following a 17-day outage spurred by last month&#8217;s $223 million exploit. The protocol recovered around $162 million worth of stolen funds and is continuing legal action against the attacker, who did not respond to the DEX&#8217;s requests to negotiate. Sui stepped in to compensate Cetus for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-30934","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/30934","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30934"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/30934\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}