SUI-based decentralized exchange (DEX) Cetus Protocol has returned online after a 17-day outage from $ 223 million exploitation of last month.
The protocol recovered the stolen fund of about $ 162 million and continue legal action against the attacker, who did not respond to the requests of Dex to negotiate.
The SUI stepped to compensate for the Cetus for initial loss, issuing a loan for the reimbursement of users affecting users on May 28. Defilage data The total value of Cetus before exploitation was $ 284 million and now it is below $ 124 million.
The attacker exploited a defect in Cetus’ shared Mathematics Library contract, assuming the protocol that a token was worth millions of dollars.
Despite efforts to come to negotiate and settlement, the attacker started Laundering fund Through the coin-mixing service tornado cash.
CETUS has reflected the liquidity pool between 85% to 99% of its early liquidity, which means that users can now trade on stage without extraordinary slippeage.
Cetus token (Cetus) has lost 44% of its value in the last month and is about 1% below in the last 24 hours, Coinmarketcap Show.
