$CETUS Cetus Token (CETUS) is the token of the Cetus Protocol project

• Project Introduction:

• Cetus Protocol is a decentralized exchange and concentrated liquidity protocol built on the Sui and Aptos blockchains. It aims to create a robust and flexible foundational liquidity network to facilitate easier trading for any user and asset.

• Cetus focuses on providing the best trading experience and exceptional liquidity efficiency for DeFi users by building its concentrated liquidity protocol and a series of auxiliary interoperation feature modules.

• Technical Features:

• Concentrated Liquidity: Cetus utilizes a concentrated liquidity market-making algorithm similar to Uniswap V3, allowing a liquidity provider (LP) to create multiple positions in the same pool by setting different price ranges, simulating different price curves to implement custom strategies.

• Permissionless: Cetus allows other users and protocols to integrate Cetus at any time, whether to establish new trading pools or to continue building other products as an underlying protocol.

• Composability: Cetus emphasizes the ease of integration, enabling developers and applications to easily access liquidity on Cetus to build their own products, such as liquidity vaults, derivatives, leveraged farming, and more.

• Token Economics:

• The CETUS token is a transferable representation of governance and utility features specified in the Cetus protocol/code, intended solely as an interoperable utility token. Users can earn it through liquidity mining on Cetus.

• The initial price of CETUS at launch was $0.05, and the current price is $0.11170000, with a return on investment of 123.4 times.

• Market Information:

• CETUS is traded on multiple trading platforms, with a trading volume of 72.95M in the past 24 hours.

• Use Cases:

• The CETUS token provides a secure and convenient method for payments and settlements between protocol participants without the need for a central intermediary. It can also be obtained through liquidity mining.

• Users can convert their CETUS tokens to xCETUS tokens on the platform. xCETUS is a non-transferable custodial governance token, and holders can also receive weekly monitoring rewards.