- Sui validators have approved a fund recovery plan with over 90% support, signaling strong community alignment.
- Cetus revenue hit an all-time high as user confidence and network activity surged in response.
In a decisive display of decentralized governance, Sui network validators have overwhelmingly approved a critical fund recovery plan, marking a potential turning point for the protocol after a damaging exploit. With 90.9% of stakeholders voting “Yes,” the proposal was passed well ahead of its scheduled conclusion, signaling strong community alignment and swift consensus.
The approved recovery plan outlines the transfer of affected funds to a secure multi-signature wallet, where they will be held in trust. Cetus, a key player in the Sui ecosystem, will oversee the repayment roadmap, ensuring a structured and transparent return of assets to impacted users.
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This milestone vote reflects more than just a technical fix—it marks a shift in sentiment across the Sui community. After months of cautious user activity and declining metrics, confidence appears to be rebounding. The validators’ commitment to transparency, decentralization, and user restitution has resonated with the community.
The optimism is mirrored in the numbers. Cetus, central to the fund recovery process, has reported an all-time high in revenue in the last 24 hours, according to data from DeFiLlama. This surge not only signals returning user trust but also indicates increased network activity—two key ingredients for a sustainable rebound.
The sharp uptick in Cetus revenue may be attributed to users interpreting the swift recovery measures as a sign of maturity and resilience within the Sui protocol. As stakeholders rally behind effective governance and security initiatives, a broader ecosystem revival could be underway.
While challenges remain and full recovery is still a work in progress, this validator-led initiative showcases the strength of Sui’s decentralized framework. The recent developments suggest that the network is not only weathering the storm—but charting a path forward with renewed confidence and community cohesion.
If the current momentum continues, this could mark the beginning of a new era for Sui—one where adversity fuels innovation and collective governance drives long-term success.
