| Cryptocurrency | Price (USDT) |
|---|---|
| BTC | $107326.3600000000 |
| ETH | $2435.1340000000 |
| BNB | $649.3498500000 |
| XRP | $2.1867720000 |
| ADA | $0.5616563000 |
| SOL | $150.0701000000 |
| DOGE | $N/A |
| DOT | $3.4017000000 |
| LTC | $86.4942000000 |
| LINK | $13.3416700000 |
Category: CRYPTO NEWS
The post Cetus Review: Uniswap V3 And Trader Joe’s Advanced Matching Protocol – Coincu appeared on BitcoinEthereumNews.com. Cetus, an effective capital management project powered by a centralized liquidity algorithm, is one of the initiatives assisting Sui in attracting financial flow into this ecosystem. Let’s learn details about this project with Coincu through this Cetus Review article. Latest News about Cetus Protocol On May 22, 2025, Cetus Protocol was attacked by a protocol attack, causing all liquidity in the pools to be drained. The hacker withdrew about 11 million USD worth of SUI tokens from the SUI/USDC pool, causing the price of many tokens to plummet by more than 75% and causing liquidity to dry up on Cetus. 🚨Alert Announcement 🚨 There was an incident detected on our protocol and our smart contract has been paused temporarily for safety. The team is investigating the incident at the moment. A further investigation statement will be made soon. We are grateful for your patience. — Cetus🐳 (@CetusProtocol) May 22, 2025 The wallet address “0xe28b…e8ff06” is suspected to be owned by the hacker, who withdrew liquidity from many Cetus pools and swapped it to SUI. The hacker currently holds around $260 million in assets, including 12.989 million SUI worth $54 million, and has begun moving assets to other blockchains to launder money. The CETUS token price has dropped nearly 20% in 24 hours, currently trading around $0.1623 after falling from $0.25. The market capitalization is $117.72 million, while the 24-hour trading volume has increased by 1,026% to $196.75 million. CETUS is traded on Cetus, Binance, OKX, Bitget, Gate.io, and many other exchanges. What is Cetus Protocol? Cetus Protocol is a decentralized exchange (DEX) built on the Sui and Aptos blockchains using Concentrated Liquidity Market Makers (CLMM). Written in Move, it combines features from Uniswap V3 and Trader Joe to support customizable trading strategies. Users can combine swaps, range orders, and limit…
2025-05-23T02:41:12+00:00