Cetus Protocol hack victims could get full compensation if Sui community members approve a proposal to unfreeze $162 million.

A massive oracle exploit drained Cetus DEX, but Sui validators froze most stolen funds — raising questions about DeFi security and decentralization.

Cetus confirmed the exploit and paused operations. Several Sui-based tokens, such as LBTC, AXOL, and LOFI, crashed following the breach.

The Sui blockchain (SUI) has become one of the standout performers of the past year, driven largely by the growing popularity of memecoins within i...