<ul><li>Cetus Protocol, a decentralized exchange built on the Sui network, pledges full compensation to users affected by a $223 million exploit on its CLMM pools.</li><li>The recovery plan involves an upcoming community vote to unlock frozen assets and a loan from the Sui Foundation, with widespread support received.</li><li>The breach occurred due to a vulnerability in CLMM pools that allowed an attacker to manipulate pool prices and drain funds, triggering panic in Sui-based tokens.</li><li>Cetus was quick to disable vulnerable contracts and collaborate with stakeholders to freeze wallets, initiating recovery efforts and offering a bounty for the hacker's identification.</li></ul>

Cetus to Fully Compensate Users After $223M Hack, Backed by Sui Foundation

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