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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
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The Cetus project is Open Source, and the damaged fund pool has nearly fully recovered.
Gate News bot message, the Sui ecosystem DEX Cetus team, which was previously attacked by hackers, recently stated that the team is moving towards complete Open Source and has launched a new "white hat bounty program" to "encourage collective technical and security contributions."
As part of the protocol restart, the team has fixed the software vulnerabilities that led to the Hacker attack, restored the pool data to the correct pricing, and conducted security audits on all code fixes and contract upgrades.
The affected liquidity pool has been replenished with a cash reserve of $7 million, a $30 million USDC loan provided by the Sui Foundation, and some assets recovered from the attacker.
However, not all damaged funds pools have fully recovered, and the current recovery rate is between 85% and 99%, depending on the extent of the losses in the funds pool during the attack.
As part of the compensation plan for affected users, 15% of the protocol's native token CETUS will be reserved, with 5% available immediately and the remaining 10% unlocking linearly each month over the next year starting from June 10.
Source: Cointelegraph