Exchange record
Cetus Protocol
Sui- and Aptos-based decentralized exchange and concentrated-liquidity protocol that launched on Sui mainnet on May 3, 2023. Cetus suffered a major exploit in May 2025, temporarily halted trading, and completed a full protocol relaunch in June 2025 before continuing active operation.
Registry sequence
Key facts
URL handling
Summary
Sui- and Aptos-based decentralized exchange and concentrated-liquidity protocol that launched on Sui mainnet on May 3, 2023. Cetus suffered a major exploit in May 2025, temporarily halted trading, and completed a full protocol relaunch in June 2025 before continuing active operation.
Timeline
Cetus went live on the first day of the Sui mainnet launch on May 3, 2023, becoming the first decentralized exchange and concentrated-liquidity protocol operating on Sui mainnet.
Cetus Protocol suffered a major exploit on May 22, 2025, with reports estimating about USD 223 million to USD 260 million drained from Sui/Aptos liquidity pools and more than USD 160 million of assets later frozen or recovered through the Sui ecosystem response.
Cetus halted trading / paused smart-contract activity while investigating the exploit and coordinating recovery through Sui validators, the Sui Foundation, and security partners.
Cetus relaunched on June 8, 2025 after recovery work, external audits, frozen-fund transfer approval, a Sui Foundation loan, and liquidity restoration for affected pools.