NAVI Protocol Confirms Safety and Stands Firm in Sui Ecosystem, Prioritizing Trust

NAVI Protocol confirms safety post-Cetus breach after a swift system-wide review. In response to the security incident involving Cetus Protocol on the Sui ecosystem

Following a swift system-wide review and confirming optimal results, the team has decided to fully reinstate borrowing on the protocol today. Moreover, to catalyze liquidity recovery in the Sui ecosystem, the USDC pool will now offer an attractive 25% APY yield. This move serves to incentivize fresh liquidity and reward early adopters during this post-incident phase, rendering the protocol a prime choice for those seeking both high returns and top-tier DeFi security.

As the leading lending protocol on Sui, we are rolling up our sleeves to support the ecosystem’s recovery. Cetus had no impact on the NAVI protocol or user funds, and our liquidity pools remained fully operational throughout this period.

Following news of the Cetus breach on Sui, the NAVI Protocol team immediately initiated a detailed security audit, examining all smart contracts, backend integrations, and risk management systems. The goal was to ensure optimal results before resuming borrowing functions and other lending activities on the platform.

We briefly paused borrowing as a safeguard, following best practices in decentralized finance, and undertook this step proactively, not due to any compromise. This time was used optimally by the developers to perform in-depth simulations and penetration testing. The technical team also worked closely with ecosystem auditors and cross-checked all core protocol layers to confirm contract integrity.

Our transparent updates during the review period helped maintain user trust, a key differentiator in the evolving Sui ecosystem. We are grateful for the community’s participation and feedback throughout this process.

At the same time, we are rolling out a new USDC pool with an attractive 25% APY to catalyze liquidity recovery in the Sui ecosystem. This move serves to incentivize fresh liquidity and reward early adopters during this post-incident phase. The high yield, combined with NAVI’s proven security, positions the protocol as one of the top DeFi security options within the Sui blockchain.

Whether users are seasoned yield farmers or new to decentralized finance, this is a strong entry point to earn passive income while supporting ecosystem growth. We invite you to join us in continuing this journey of innovation and collaboration.