Cetus Protocol Research Hub | CETUS information, history and analysis
Cetus is a pioneer DEX and concentrated liquidity protocol built on the Sui and Aptos blockchain. The mission of Cetus is building a powerful and flexible underlying liquidity network to make trading easier for any users and assets. It focuses on delivering the best trading experience and superior liquidity efficiency to DeFi users through the process of building its concentrated liquidity protocol and a series of affiliate interoperable functional modules.
Concentrated liquidity is the liquidity allocated within a specified price range. A concentrated liquidity protocol like Cetus allows liquidity providers to contribute their liquidity within their custom price ranges. By concentrating liquidity in an active price range, LPs can earn transaction fees more efficiently. Traders can enjoy low-slippage trading around the spot price during their swaps.
In addition, developers can easily build their own products and tip into the most efficient liquidity source of Cetus by integrating with its openly-accessible smart contracts and SDKs.
CETUS is a native token of the Cetus Protocol ecosystem, operating on Sui, and can be used to:
- Participate in the governance process of the platform.
- Reward users for participating in yield farming and other liquidity incentivization schemes.
- Provide a convenient and secure mode of payment and settlement between participants who interact within the ecosystem on Cetus.
CETUS trading volume is $39.35m. Market capitalization reaches $222.35m.
CETUS trading volume is $57.62m. Market capitalization reaches $263.69m.
CETUS reached 11,372 VNDC, changed 42.56% in the last 24 hours. Trading volume was $56.23m. Market capitalization was above $251.74m.
CETUS reached 10,348 VNDC, changed 32.29% in the last 24 hours. Trading volume was $55.58m. Market capitalization was above $226.88m.
CETUS trading volume is $63.43m. Market capitalization reaches $182.98m.
CETUS trading volume is $ 83.71m. Market capitalization reaches $ 178.59m.
According to Odaily, the decentralized exchange (DEX) Cetus, operating within the Sui ecosystem, has announced that its cumulative trading volume has exceeded $10 billion.
This milestone comes after Cetus reported surpassing $5 billion in cumulative trading volume earlier in April.
CETUS establishes ATH, rises 515%
Despite being released and officially listed on major exchanges for more than 1 week, CETUS has achieved a growth of 515% after only 18 hours.
In the past 24 hours, this asset officially established an ATH of 5,527 VNDC, the highest since its release and is being traded with a volume of more than 40 million USD.