Cetus Protocol announces a restart schedule: it will supplement 85%-99% Liquidity and compensate users for losses with Tokens.

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On June 8, according to an official announcement, the Cetus Protocol will be relaunched on June 8, 2025, at 11:00 (UTC+8). All users will be able to use all the features of Cetus, including exchanging, managing LP positions, adding/removing Liquidity, collecting fees and rewards, etc. Liquidity will mainly be supplemented through three channels:

  • Assets recovered from the attacker: These assets are returned after the Sui validators successfully cast their on-chain votes.
  • Cetus team’s funds: Cetus has invested 100% of the available cash reserves (approximately 7 million USD in mainstream assets) to fill the liquidity gap.
  • Sui Foundation’s special loan: A loan of 30 million USDC has been applied for to support recovery.

If a user’s LP holdings come from the affected pools, the liquidity recovery rate of each pool will be between 85% and 99%, depending on the level of attack on each pool. Due to asset restrictions, it is not possible to immediately restore 100% liquidity for all affected pools. The team will use CETUS tokens to compensate for liquidity losses, allocating 15% of the CETUS supply to the compensation contract (including 10% of the total supply from the team’s remaining unallocated tokens). Of this, 5% will be available for immediate withdrawal upon restart, and the remaining 10% will be unlocked linearly each month over the next 12 months (following the same vesting schedule as the previous team’s). The official commitment is not to increase token supply and to slightly adjust the release plan. Any assets recovered in the future will be used to continue compensating users or to repurchase CETUS.

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