Cetus relaunches after $220M hack !

Amidst the chaos, Cetus makes a surprising comeback post a $220 million hack. The DeFi project now showcases renewed ambition. Will it truly bounce back or is this just a fleeting resurgence?

Written by Hugo Le follézou

Translated on June 9, 2025 at 11:06 by Sarah

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Cetus : An Unexpected Comeback After a Record Breach

The cryptocurrency world often experiences dramatic events. Few projects manage to bounce back as strongly as the Cetus Protocol. After facing a $220 million hack, this DeFi platform managed to reinvent itself and regain investors’ trust.

CETUS IS BACK!
🌊🌊🌊🐳 pic.twitter.com/tyQ50VkEeg
— Cetus🐳 (@CetusProtocol) June 8, 2025

Launched in 2021, the Cetus Protocol quickly became one of the leading decentralized platforms for crypto asset lending and borrowing. With its innovative architecture and community governance, Cetus attracted many users seeking attractive yields while enjoying great flexibility.

Unfortunately, in September 2022, the Cetus Protocol fell victim to a major hack, resulting in a loss of $220 million. This event shook investors’ confidence and threatened the project’s very existence. However, the Cetus team demonstrated resilience and determination to face this significant challenge.

Enhanced Liquidity and New Perspectives

After a period of reflection and restructuring, the Cetus Protocol was successfully relaunched. The team worked tirelessly to secure the platform, restore liquidity, and regain the community’s trust. Major technical improvements were made, particularly in governance and security mechanisms.

💪 1st stage — back to the TOP 10 DEX list of all chains by daily trading volume. 🌊🌊#Cetus 🐳 pic.twitter.com/jmLLOwUEN0
— Cetus🐳 (@CetusProtocol) June 9, 2025

Today, the Protocol boasts greater liquidity than ever, exceeding pre-hack levels. This impressive performance reflects renewed investor confidence in the project. Additionally, It has announced the launch of innovative new features, such as derivatives products and advanced analytical tools, expected to attract even more users.

The Cetus Protocol’s story is a true lesson in resilience in the DeFi ecosystem. Despite a devastating hack, this platform managed to reinvent itself and come back stronger than ever. This example shows that with determination, innovation, and community support, cryptocurrency projects can overcome significant challenges. The renaissance of Cetus is an inspiration for all industry participants.

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Hugo Le follézou

Passionate about the crypto world, he explores the blockchain ecosystem to extract the most essential insights. With his expertise in SEO and web writing, he transforms news and technical analysis into clear, engaging, and impactful content. His goal? To help investors better understand the opportunities and challenges of the crypto market.

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