Cetus on Sui is reusing the Crema hack recovery model. Only now, users are slamming the $6M bounty and questioning whether Sui is really decentralized.

Sui validators approved a governance proposal to return $162 million in frozen assets linked to a recent exploit of the decentralized exchange Cetus, marking a key step toward full user repayment.

The OI-weighted funding rate stands at 0.0198%, up from 0.0129% on Sunday, indicating a greater boost in buying activity with the increased capital inflows. Typically, a spike in funding rate ...

Cetus Protocol, the largest decentralized exchange (DEX) on the Sui blockchain, has secured a loan from the Sui Foundation to compensate users in full following a $223 million exploit last week.

As Solana (SOL) adds 10% in a bullish move and Sui (SUI) rolls out experimental AI auditing tools, most of the crypto world is fixated on price surges and speculative tech upgrades. But one DeFi ...

Sui stepped in to compensate Cetus for the initial losses, issuing a loan to reimburse impacted users on May 28. DefiLlama data shows that Cetus' total value locked (TVL) was $284 million before ...

SUI’s monthly trading volume beat AVAX, HYPE, and NEAR combined, hitting $44.59B. The volume surge coincided with BTCfi’s ...

Cetus, along with Bluefin, was the main driver of SUI DEX volumes, reaching record numbers in Q1. For now, the SUI L1 chain retains only 300K daily active users, down from 1.6M before the hack.