TechFlow news, June 8 — According to Cetus Protocol, the protocol will fully restart on June 8, 2025 at 03:00 UTC. Previously, Cetus's CLMM pools were hacked, resulting in significant token losses.
After the restart, users will regain access to all Cetus features, including trading, managing liquidity positions, adding/removing liquidity, and claiming fees and rewards. Liquidity recovery rates for affected pools range between 85% and 99%.
To compensate affected users, Cetus will allocate 15% of its token supply to a compensation contract, with 5% immediately claimable upon restart and the remaining 10% linearly unlocked over 12 months starting from June 10, 2025.
The Cetus team has committed all available cash reserves (approximately $7 million) and secured a $30 million USDC loan from the Sui Foundation to support recovery efforts. Additionally, the team is pursuing legal actions across multiple jurisdictions to recover the remaining funds.
