CoinVoice recently learned that on November 13, according to Defilama data, Sui’s current TVL has exceeded 120 million US dollars. Among them, the CLMM DEX protocol Cetus accounts for nearly 50% of the total SUI pledge.

As a pioneer DEX and centralized liquidity protocol built on the Sui network, Cetus' mission is to build a powerful and flexible underlying liquidity network to make transactions more convenient for any user and asset. It focuses on providing DeFi users with the best trading experience and excellent liquidity efficiency through the process of building a centralized liquidity protocol and a series of affiliated interoperable functional modules. [Original link]