About CETUS
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. It 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. Permissionless All the major tools and functions on Cetus are basically built with a permissionless standard. It allows users or other applications to utilize its protocols for their own use cases at any time. No matter it’s to set up a new trading pool, or to allocate incentives to rent liquidity from the public. Programmable Cetus is building a highly-customizable liquidity protocol based on CLMM. Through flexible composition of swap, range order and limit order, users can almost conduct all kinds of complex trading strategies that could be achieved on a CEX. Besides, liquidity providers are also able to execute various Maker strategies using CLMM to maximize their liquidity efficiency. Composability Cetus embraces the concept of “Liquidity As A Service”, so it puts emphasis on the ease of integration when building its products. Developers and applications can easily access the liquidity on Cetus to build their own products such as liquidity vault, derivatives, leveraged farming, etc. A new project team can also easily set up a swap interface on its own front end by integrating Cetus SDK, which will help them access the liquidity of Cetus and even the whole market real quick. Sustainability Cetus adopts a double-token model fueled by CETUS and xCETUS. Long term and dynamic incentivization sustained by protocol earnings is implemented to reward those active participants of the protocol. It wants to make sure the real contributors of the protocol can be effectively incentivized by the scientific token economy.
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Frequently Asked Questions
Is Cetus Protocol a Good Investment?
Read MoreAs a popular DeFi protocol on new blockchain ecosystems, Cetus offers a lucrative way for DeFi traders to access Aptos and Sui ecosystems. It could be an interesting crypto asset, especially if you believe in the potential of decentralized finance and Move-based blockchains. The CETUS price could increase as more users sign up to provide liquidity and perform token swaps on its platform. The increased on-chain activity could make $CETUS more attractive to buy, use, and hold. Positive investor sentiment toward the crypto market and critical sectors such as web3 and DeFi could also be important in driving bullish moves in the Cetus Protocol price. The CETUS to USD price trends higher when there is increased risk appetite and buying activity in the crypto market.
What Is Cetus Protocol Price Prediction?
Read MoreCryptocurrency markets can be highly volatile and subject to sudden fluctuations, making it challenging to offer a CETUS price prediction with certainty. However, several factors could influence the $CETUS price, including: Level of Adoption The more users that adopt and use Cetus Protocol for trading, the more demand there may be for the CETUS token, which could lead to an increase in Cetus Protocol price. Partnerships and Future Developments Positive news regarding partnerships or collaborations involving Cetus Protocol could increase demand for the token, which could lead to an increase in the price of Cetus crypto. Development progress or updates for Cetus Protocol may also contribute to higher demand for the token, boosting the CETUS price statistics. Market Outlook CETUS Protocol (CETUS) price may be influenced by the overall market sentiment towards cryptocurrency, like all cryptocurrencies. If the market is bullish, it's more likely for the Cetus Protocol value to rise, while if the market is bearish, the price of CETUS token may drop.
What Is CETUS Token Used For?
Read MoreCETUS is the native token of the Cetus Protocol and has the following functions: Utility TokenCETUS offers a secure and convenient way to make payments and settlements between participants in the protocol without centralized intermediaries. It can also be earned through liquidity mining. Adding Liquidity Cetus Protocol offers CETUS-SUI and CETUS-USDC pools for users to add liquidity and earn faster transaction fees than traditional AMMs. LPs can earn transaction fees faster than in traditional AMMs and also earn additional farming rewards automatically based on the fee performance of each LP. Convert to xCETUS Users can convert their CETUS tokens to xCETUS tokens on the platform. xCETUS, the non-transferable escrowed governance token, will also enable holders to earn weekly staking rewards. Crypto Asset to Trade and HODL Trade Cetus Protocol token against other crypto assets to profit from changing market conditions and volatility. KuCoin Spot Market offers you CETUS/USDT as a trading pair to buy or sell CETUS. You can also hold the token long-term if you believe in the future potential of the Cetus Protocol. It's essential to conduct thorough research and exercise caution when investing in cryptocurrencies.
What Is the Difference Between CETUS and xCETUS?
Read MoreThe Cetus Protocol leverages a double-token model in its operations, with CETUS and xCETUS as the two tokens. CETUS is the native protocol token of the Cetus protocol and can be earned by users through liquidity mining on Cetus.On the other hand, xCETUS is a non-transferable escrowed governance token that corresponds to staked CETUS. xCETUS also gives governance rights to the holders, such as the ability to vote on proposals related to the protocol. Users can quickly and easily convert their CETUS tokens to xCETUS whenever possible. As a perk, many staking rewards will be distributed among xCETUS holders every week.
How to Add Liquidity to Cetus Protocol
Read MoreYou can add liquidity to supported pools on Cetus Protocol and earn LP rewards. Here’s how: 1. Visit the Cetus Protocol app and connect your wallet to it.2. Check the available concentrated pools by clicking the Pools tab on the app. 3. Fund your wallet with sufficient tokens of the liquidity pair you want to add liquidity for on Cetus Protocol. 4. Click Add Liquidity on the pool of your choice and enter the number of tokens you wish to deposit into the pool. 5. Confirm and approve the transaction from your wallet.
What is the all-time high price of Cetus Protocol (CETUS)?
Read MoreThe all-time high of CETUS was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Cetus Protocol (CETUS) is 0. The current price of CETUS is down 0% from its all-time high.
How much Cetus Protocol (CETUS) is there in circulation?
Read MoreAs of
, there is currently 605.17M CETUS in circulation. CETUS has a maximum supply of 1.00Bn. What is the market cap of Cetus Protocol (CETUS)?
Read MoreThe current market cap of CETUS is 227.92M. It is calculated by multiplying the current supply of CETUS by its real-time market price of 0.376631886825.
What is the all-time low price of Cetus Protocol (CETUS)?
Read MoreThe all-time low of CETUS was 0
, from which the coin is now up 0%. The all-time low price of Cetus Protocol (CETUS) is 0. The current price of CETUS is up 0% from its all-time low. Is Cetus Protocol (CETUS) a good investment?
Read MoreCetus Protocol (CETUS) has a market capitalization of $227.92M and is ranked #293 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Cetus Protocol (CETUS) price trends and patterns to find the best time to purchase CETUS.