A Frustrating and Costly Experience on the Cetus Trading Platform
Recently, I had an incredibly disappointing experience while using the Cetus trading platform, which resulted in the near-total loss of my SUI tokens. What frustrates me the most is not just the loss itself, but the glaring lack of risk warnings and the apparent irresponsibility from the Cetus team. Let me share the details of this unfortunate incident and my thoughts on the platform's serious shortcomings.
The Transaction That Cost Me Everything
I executed a transaction on Cetus with the expectation of a smooth and transparent process. To my dismay, the amount of tokens I received was significantly lower than the SUI tokens I spent. During the entire process, I did not receive any warnings about potential issues such as low liquidity or high slippage.
For reference, here is the Transaction ID:
TX ID: 9fWtSMDWQoJj4xKzk91sRFVJToV144zoXPqhrzrLYX2e
This left me in shock. How could such a critical risk go unflagged on a platform that claims to cater to traders?
No Warnings, No Protection for Users
In most other decentralized platforms I’ve used—such as FlowX and Turbo Finance—I always receive clear warnings when executing transactions in conditions of low liquidity or high slippage. These warnings are crucial because they help users avoid significant losses.
However, on Cetus, I was met with absolute silence. There was no alert, no risk notification—nothing. I almost lost all my SUI tokens in this transaction, and it seems the platform did nothing to prevent it.
When I reached out to the Cetus support team, their response only added to my frustration. I was told that I should "enable aggregator mode" to fetch liquidity from other sources. But this raises serious questions:
Why does the platform not issue risk warnings for low liquidity transactions?
Why is such a critical feature like aggregator mode not enabled by default or clearly communicated to users?
$CETUS just a shit