Most platforms would ensure that transactions with severe slippage or insufficient liquidity simply do not go through, protecting users from catastrophic losses. Cetus, on the other hand, seems to leave users to fend for themselves.
In decentralized finance (DeFi), transparency and user protection should be top priorities. A simple warning message could have prevented my loss. Instead, Cetus failed to meet even the most basic standards of user safety and responsibility.
When a user loses their tokens due to the platform's lack of proper risk management, who takes responsibility?
Cetus claims to offer reliable trading tools, yet basic protections are missing.
Users are expected to enable modes like aggregator mode on their own without clear instructions or warnings.
The support team’s response felt dismissive and failed to acknowledge the platform’s serious flaws.
A Warning to Other Traders
I write this as a cautionary tale to anyone considering trading on Cetus. Be extremely careful, and do not assume the platform will protect you or issue warnings about potential risks. If you are not already familiar with advanced DeFi tools, Cetus may leave you exposed to unnecessary and devastating losses.
Final Thoughts
Cetus’s failure to implement proper risk warnings and its casual approach to user safety are unacceptable. A responsible platform should prioritize transparency, user education, and safeguards to ensure users do not lose their funds due to preventable issues.
I hope this serves as both a wake-up call for Cetus and a warning for other traders. Without significant improvements, this platform risks losing the trust of its users.
To the Cetus team: I urge you to address this issue immediately. Implement proper warnings, enable protective features by default, and take responsibility for user safety. Until then, I cannot recommend this platform to anyone.
$CETUS just a shit
