Cetus Protocol pauses operations after $260M hack

News story


Description

Cetus Protocol, the largest decentralized exchange on the Sui blockchain, suffered a $260 million exploit on May 22, 2025, prompting a full shutdown, ongoing investigation, and coordinated recovery efforts with blockchain partners.

Maintainers

CptMoh

Publish date

May 22, 2025

Related people

Changpeng Zhao (CZ)

Related projects

Cetus Protocol
SUI

Related topics

Ethics

Sources

Cetus Protocol Halts Operations After $260 Million Hack, Sending Sui Tokens Into Freefall
Crypto DeFi Project Cetus Protocol Suffers Security Breach
Sui-based Cetus Protocol suspends operations following $223 million oracle exploit
Cetus, Sui’s Largest DeFi Platform, Hacked for $260M — Most Funds Recovered
Sui validators freeze majority of stolen funds in $220M Cetus hack
Sui's Biggest Liquidity Provider Hacked for $223M, Causing Sui-Based Tokens to Plummet
$260 Million Cetus Hack on Sui Triggers Network Freeze—Critics Say ‘Decentralization Is a Lie’

Tags

05/22/2025
Week 21 of 2025