A decentralized exchange based on Sui, Cetus, could be on the path to retrieving funds lost in a recent exploit, depending on the results of a community governance vote that is set to conclude on June 3.
On May 22, Cetus suffered an exploitation that resulted in the loss of over $220 million in digital assets. Following the incident, Cetus successfully managed to freeze $162 million of the affected funds.
In a post made on X on May 27, Sui announced that Cetus had asked for a community vote to sanction the recovery of the frozen assets.
Sui Validators Vote On A $162 Million Recovery Strategy For Cetus
