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Cetus Protocol Price

(CETUS)

$0.01842
0.00%(5m)

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Cetus Protocol (CETUS) Live Price Chart

    Cetus Protocol Live Price Data

    The live price of Cetus Protocol is 0.01842, with a total trading volume of 362278.2068 in the last 24 hours. The price of Cetus Protocol changed by +1.37% in the past day, and its value has increased by +1.54% over the last week. With a circulating supply of 956,521,739 CETUS, the market cap of Cetus Protocol is currently 17514258.77956985285384365000 , marking a +1.37% increase today. Cetus Protocol currently ranks #761 in market cap.

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    Note: This data is for reference only.
    pk

    CETUS(CETUS) Profile

    altRank761
    rate--
    Expand
    $0.01795
    $0.01842

    ATH
    $0.49237777
    Price Change (1h)
    +0.49%
    Price Change (24h)
    +1.37%
    Price Change (7d)
    +1.54%
    Market Cap
    24h Volume
    Circulating Supply
    956,521,739
    Max Supply
    1B

    About Cetus Protocol

    • What Is Cetus Protocol (CETUS) Crypto?

      Cetus Protocol is a liquidity protocol that allows users to conduct complex trading strategies on a decentralized exchange (DEX) by providing a highly-customizable and programmable trading system. The protocol is built on Aptos and Sui and plans to expand to other Move-based blockchains.

      It creates a flexible and powerful underlying liquidity network, making trading easier for users and assets. Cetus delivers a superior trading experience and liquidity efficiency to DeFi users by implementing a highly-customizable liquidity protocol based on CLMM.

      This allows Cetus Protocol to offer flexible composition of the swap, range order, and limit order. It lets its users conduct almost all kinds of complex trading strategies that could be achieved on a centralized exchange.

      Cetus Protocol uses a double-token model that includes CETUS and xCETUS. CETUS is the native protocol token of Cetus, which users can earn through liquidity mining. xCETUS is a non-transferable escrowed governance token that corresponds to staked CETUS.

    • How Does Cetus Protocol Work?

      Cetus Protocol is built on a Concentrated Liquidity Market Maker (CLMM) system. Its design allows DeFi users to add liquidity at a specific price range, providing superior liquidity efficiency and flexible trading strategies.

      Cetus prioritizes seamless integration in its product offerings as part of its 'Liquidity As A Service' philosophy. This allows developers and applications to access liquidity on Cetus and quickly develop their products conveniently.

      The Cetus Protocol’s unique double-token model is designed to provide long-term and dynamic incentivization sustained by protocol earnings. By doing so, Cetus aims to reward those actively participating in the protocol and fueling its growth.

      Cetus’s innovative concentrated liquidity algorithm lets liquidity providers and traders reap the rewards. By concentrating liquidity in an active price range, liquidity providers can earn transaction fees more efficiently, while traders can enjoy low-slippage trading around the spot price during their swaps.

    • When Was Cetus Protocol Launched?

      Cetus is a relatively new entrant into the DeFi market, launching in October 2022 on the Aptos network. A month later, Cetus launched on the Sui testnet.

      Key milestones achieved through Q4 2022 and early Q1 2023 include winning first prize in the Aptos Grant DAO round 1, launching the beta version of the Cetus CLMM on Aptos mainnet, and getting the protocol’s smart contracts audited by OtterSec and MoveBit.

      Shortly after its launch, Cetus also formed several strategic partnerships with wallets, lending platforms, liquid staking platforms, SocialFi projects, and more. Some of Cetus Protocol’s partners include Wormhole, LayerZero, Coin98, AptosLaunch, Fewcha, Celer, omniBTC, and Hippo Labs.

      In May 2023, a successful seed funding round was closed and raised an undisclosed amount of capital. Key investors in the project include KuCoin Ventures, Coin98 Ventures, OKX Blockdream Ventures, Animoca Brands, Jump Crypto, NGC Ventures, and IDG Capital.

    FAQ

    • How much is 1 Cetus Protocol (CETUS) worth?

    • Is Cetus Protocol a Good Investment?

    • What Is Cetus Protocol Price Prediction?

    • What Is CETUS Token Used For?

    • What Is the Difference Between CETUS and xCETUS?

    • How to Add Liquidity to Cetus Protocol

    • What is the all-time high price of Cetus Protocol (CETUS)?

    • What is the all-time low price of Cetus Protocol (CETUS)?

    • How much Cetus Protocol (CETUS) is there in circulation?

    • How do I store Cetus Protocol (CETUS)?