Cetus Protocol (CETUS) Review: OG Score & Community Audit

Cetus was the largest DEX on Sui before it was hacked in May last year, with an estimated $223 million drained. The hacker was able to exploit a simple vulnerability in an overflow check within the project’s liquidity calculation function. Even though Cetus had undergone multiple audits, this issue was never caught. With the help of Sui validators, they managed to freeze $162 million of the stolen funds. Even after the hack, Cetus is still building, which is a good sign. From the Token side, Half of the supply goes to the community, which is generally healthy. Still, 35% combined for the team and investors represents a significant insider allocation. Like most DEX tokens, price to performance depends heavily on trading volume and liquidity

Not surprised but they did demonstrated resilience against significant security issues thanks to a solid foundation and community collaboration, so right now I could safely say , it’s in a rebuilding phase, and its tokenomics are affected by the hack’s past, which makes it a riskier investment compared to other well-established DeFi protocols until the compensation unlocks wrap up in mid-2026, https://www.halborn.com/blog/post/explained-the-cetus-hack-may-2025