Hackers Stole $223 Million from Cetus Crypto Exchange

Decentralized crypto platform Cetus has had a run-in with hackers, resulting in the loss of $223 million in digital assets.

Cetus is a decentralized exchange (DEX) built on a “concentrated liquidity protocol” and based on the Sui and Aptos blockchains.

The company embraces the concept of Liquidity as a Service, putting the emphasis on easy integration. Developers can access liquidity on Cetus to build their own products such as liquidity vault, leveraged farming, and derivatives. Clients can s