Cetus ($CETUS) Protocol just surpassed $10Bn in daily trading volume!
Note: Last week of Aug 5th-12th, $SUI was the top bouncer at over 50% green for the week.
I’ve been following this protocol since its beginning and am very impressed with their progress. They are the leading Move-based liquidity protocol and DEX (read: $SUI and $APTOS).
“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."
Cetus 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, which enable a customizable liquidity framework.
Key Features:
- Employs Concentrated Liquidity Market Maker (CLMM) pricing model for optimized capital efficiency and trading execution
- Offers flexible compositional structure for effective trading strategy management
- Allows traders to leverage distinct strategies like range orders for better trading outcomes
If you are bullish on $SUI or $APTOS, $CETUS is at the tip of the spear. And their growth metrics are indicative of good things to come!
https://x.com/CetusProtocol/status/1825353989082554585 Show Less
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