What is Cetus Protocol (CETUS)?
Cetus is a decentralized exchange, which serves as the key liquidity and swap infra of the Sui ecosystem. Cetus is an official launch partner of Sui Foundation and Mysten Labs. It is the first DeFi protocol launched on Sui mainnet.
The mission of Cetus is to build a powerful and flexible underlying liquidity network to make trading easier for any users and assets. Cetus aims to deliver 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.
Cetus is built with the concentrated liquidity market maker model, allowing liquidity providers to add liquidity and manage their liquidity within the exact price range they set. Traders can make their trade in various trading modes such as common swap, limit order, DCA order, etc.
Cetus is an official launch partner of Sui Foundation and Mysten Labs. It is reportedly the first DeFi protocol launched on Sui mainnet. The underlying technology of Cetus Protocol is the concentrated liquidity market maker. All other product modules are built beyond its CLMM DEX to provide users with one-stop trading and DeFi experience.
Henry Du, the founder of Cetus Protocol, leads the development of this permissionless and programmable liquidity platform. His vision centers on creating a highly composable protocol that supports seamless integration for DeFi applications, contributing to a broader, accessible liquidity infrastructure.
CETUS is the native cryptographically-secure fungible protocol token of Cetus Protocol, which is a transferable representation of attributed governance and utility functions specified in the protocol/code of Cetus, and it is designed to be used solely as an interoperable utility token thereon.
The CETUS token functions as both a governance and utility asset, distributed through liquidity mining to ensure fair allocation among users. It empowers users by facilitating secure, peer-to-peer transactions and incentivizing participation. CETUS holders can actively contribute to protocol governance, while rewards encourage liquidity provision, making it a core component of the ecosystem’s concentrated liquidity model.
CETUS is listed on Binance for trade and purchase. The current price of CETUS is available and updated in real-time on Binance.
