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Cetus Protocol experienced a major security breach resulting in over $260 million in stolen assets.
Cetus Protocol successfully froze $162 million of the $260 million in assets stolen during the May 22, 2025 exploit and is collaborating with the Sui Foundation to recover the rest.
The Sui community approved a governance proposal to unlock frozen Cetus assets, with 90.9% of validators voting in favor, 1.5% abstaining, and 7.2% not participating.
Sui is a layer-1 blockchain launched in May 2023 designed for fast, high-volume transactions with minimal delay
Cetus Protocol is a decentralized exchange and the largest liquidity provider operating on the Sui blockchain.

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