Cetus Protocol, the main decentralized exchange on the Sui blockchain, has resumed operations following a significant exploit in May that resulted in $233 million being stolen. The attack involved a vulnerability in an open-source library used in price calculations, which allowed the attacker to drain liquidity from various pools, drastically affecting the prices of SUI-based tokens. In response, Cetus has implemented several recovery measures, including a $30 million bridge loan from the Sui Foundation and using its cash reserves to stabilize the affected liquidity pools. The recovery plan involves compensating affected users through a distribution of CETUS tokens, with 15% of the token supply allocated for this purpose. Although full recovery is not feasible due to asset limitations, the protocol aims to create a more community-driven ecosystem as it moves forward. Users can claim their CETUS tokens starting Tuesday, with an initial 5% available immediately and the remaining 10% vesting over 12 months. The incident has sparked a broader discussion on security in decentralized finance, as the Sui community actively worked to quarantine transactions from the attacker's address while collaborating on recovery efforts.

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