Cetus Protocol is planning to go open-source after its latest relaunch on June 8. The Sui-native decentralized exchange had to relaunch as it recently went through a massive $220 million exploit last month. A hacker attacked the pricing mechanism flaw to extract tokens from the prominent liquidity pools on May
Sui (SUI) surged 8.27% in the last 24 hours, climbing to $3.19 after briefly touching an intraday high of $3.20. With a circulating supply of 3.39 billion SUI, its market capitalization rose to $10.84 billion, marking an 8.67% increase. At the same time, its 24-hour trading volume jumped 17.24% to
In a move that’s already getting nods across the Sui community, the Foundation has stepped up and promised to fully cover the losses users took in the recent Cetus Protocol hack. Cetus, a DEX built on the Sui blockchain, was hit by a targeted exploit that let attackers drain funds
