$CETUS

• Project Overview:

• Cetus Protocol is a decentralized trading platform and liquidity protocol based on the Move ecosystem, supporting Layer 1 blockchains such as Sui and Aptos.

• Core Features:

• Permissionless: All major tools and features of Cetus are built on permissionless standards, allowing users or other applications to use its protocol at any time.

• Programmable: Cetus has built a highly customizable liquidity protocol based on CLMM. Through the flexible combination of swaps, range orders and limit orders, users can execute almost all complex trading strategies that can be implemented on centralized exchanges (CEX).

• Composability: Cetus emphasizes the concept of "liquidity as a service" and focuses on the ease of integration when building products. Developers and applications can easily access the liquidity on Cetus to build their own products.

• Sustainability: Cetus adopts a dual-token model, driven by CETUS and xCETUS, to achieve long-term and dynamic incentives through protocol revenue and reward active participants in the protocol.

• Token model:

• CETUS tokens are distributed as follows: 50% to the community, mainly for liquidity incentive programs; 20% to the team and advisors, with a 12-month lockup period, followed by linear unlocking within 24 months; 15% to investors, with a 6-month lockup period, followed by linear release within 12 months.

• Market performance:

• According to CoinLore data, Cetus Protocol (CETUS) has a market cap of $92.3 million, a circulating supply of 280,000,000 CETUS, and a total supply of 1,000,000,000 CETUS.

• Latest developments:

• Cetus Protocol announced the completion of its seed round of financing on May 2, led by OKX Ventures and KuCoin Ventures, and the financing will be used to support the initial development and growth of the platform.