Cetus Protocol is an innovative decentralized exchange (DEX) and concentrated liquidity protocol. It specifically targets Move-based ecosystems such as Sui and Aptos. It also serves as a vital component of the ecosystem infrastructure to meet the diverse requirements of traders, liquidity providers (LPs), developers, and derivatives products, spurred by the growing adoption of DeFi.
Essential information for their token is available on the MEXC Digital asset introduction page. Furthermore, we are listing (CETUS/USDT – Trade it here) on our Assessment Zone! Check it out now!
Understanding What is Cetus Protocol
Cetus Protocol is a DEX and concentrated liquidity protocol designed for the Sui and Aptos blockchain ecosystems. Its primary objective is to provide a powerful and flexible liquidity network. It also caters to the needs of traders, liquidity providers (LPs), developers, and derivative product offerings. By focusing on building a concentrated liquidity protocol and a series of affiliate interoperable functional modules, Cetus Protocol aims to deliver an outstanding trading experience and superior liquidity efficiency to DeFi users. Learn more now at Cetus Protocol’s website!
Advantages of Cetus Protocol
Cetus Protocol operates with a permissionless standard. Meaning, users and other applications can use its protocols for their own use cases at any time. Its liquidity protocol is highly-customizable based on CLMM, which enables users to conduct various complex trading strategies that are achievable on a centralized exchange (CEX). Additionally, liquidity providers can use CLMM to execute different Maker strategies to maximize their liquidity efficiency.
Cetus Protocol also emphasizes composability. This allows developers and applications to easily integrate with its liquidity to build their own products such as liquidity vaults, derivatives, and leveraged farming. The Cetus SDK can be easily integrated into a new project team’s swap interface on its own front end. It enables them to access the liquidity of Cetus and even the whole market in a quick and efficient manner.
To ensure the protocol’s sustainability, Cetus Protocol has adopted a double-token model fueled by CETUS and xCETUS. It uses long-term and dynamic incentivization sustained by protocol earnings to reward active participants. By implementing a scientific token economy, Cetus aims to incentivize real contributors of the protocol effectively.
Concentrated Liquidity on Cetus Protocol
Cetus Protocol’s core innovation is concentrated liquidity, where users can add liquidity within custom price ranges. This is different from the liquidity distribution of most decentralized exchanges that follow the Automated Market Maker (AMM) protocols, where liquidity is uniformly distributed along the entire price curve.
Concentrated liquidity allows LPs to concentrate their liquidity to their specified price ranges according to the most active price intervals of a particular trading pair. For example, an LP can add all of its liquidity into the price range (0.995, 1.005) of a stablecoin trading pool where transactions are happening most active around the mid-price. LPs can thus maximize their liquidity efficiency in this way and earn greater fees from participation.
The liquidity concentration changes the price interval of a user’s liquidity from infinite to finite. We can call this a position, or a liquidity position. An LP can create multiple positions in the same pool, and by setting different price ranges, LPs can simulate different price curves to achieve their custom strategies.
Where to buy CETUS Token
You can find CETUS Tokens here at MEXC! We are listing CETUS/USDT in our Assessment Zone!
What is the Price of CETUS Tokens?
The CETUS token price coming to MEXC soon. You can check the live price of their token right here!
How to buy CETUS Tokens on MEXC
You can buy CETUS Tokens on MEXC by following the steps:
- Log in to your MEXC account and click [Trade]. Click on [Spot].
- Search “CETUS” using the search bar to see the available trading pairs. Take CETUS/USDT as an example.
- Scroll down and go to the [Spot] box. Enter the amount of CETUS you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy CETUS] to confirm your order. You will find the purchased CETUS in your Spot Wallet.
You can find a detailed guide on how to buy CETUS Tokens here.
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