An upcoming community vote will decide whether to unlock the tokens that were frozen by validators after the exploit.
The DEX has asked the Sui community “for full support” to ensure it can make the affected users whole. Cetus also said it would publish a step-by-step repayment plan regardless of the vote’s outcome.
The Sui Foundation confirmed the arrangement in a separate post, describing the loan as an “extraordinary measure” designed to restore user balances beyond what Cetus could fund alone.
Sui Foundation officials stated that the community vote proposal will appear on-chain “shortly” and that validators remain ready to move the frozen tokens if holders approve.
Furthermore, Foundation executives added that the loan proceeds are in escrow, and deployment could occur as soon as the smart contract community concludes the proposal.
On-chain data indicates that the breach resulted in $223 million worth of tokens, with $61 million transferred to Ethereum and $162 million halted by Sui validators.
Project developers said they “deeply regret the impact” and will “begin recovery immediately” once they finalize the mechanics for distributing reimbursements.
Cetus reiterated that rebuilding user trust remains its top priority and is committed to providing periodic progress updates. The protocol has not disclosed a timeline for code fixes or the resumption of trading.
