Perşembe, Nisan 25, 2024
Ana SayfaCrypto NewsWhat is Cetus Coin?

What is Cetus Coin?

Using the Aptos and Sui network, Cetus has surpassed 200,000 followers on Twitter. The project, which includes OKX and Kucoin among its investors, seems to be talked about a lot in the future. What is Cetus Coin.

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What is Cetus Coin (Cetus Protocol)?

Cetus is a pioneering DEX and concentrated liquidity protocol built on the Sui and Aptos blockchain .

Cetus’ mission is to create a strong and flexible underlying liquidity network to facilitate trading for all users and assets. It focuses on providing the best trading experience and superior liquidity efficiency to DeFi users through the process of building the concentrated liquidity protocol and a set of collaborative interoperable functional modules.

All the main tools and functions in Cetus are basically built with a permissionless standard. It allows users or other applications to use the protocols for their own use cases at any time. It doesn’t matter if you allocate incentives to establish a new trading pool or rent liquidity from the public.

Cetus is building a highly customizable liquidity protocol based on CLMM. Thanks to the flexible combination of swap, range order and limit order, users can execute almost any complex trading strategy that can be executed on a CEX. In addition, liquidity providers can implement various Maker strategies using CLMM to maximize their liquidity efficiency.

Cetus adopts the concept of “Liquidity as a Service”, therefore it places emphasis on ease of integration when creating its products. Developers and apps, liquidity vault, derivatives, leveraged farming, etc. can easily access the liquidity in Cetus to create their own products such as It will help them to access the liquidity of Cetus and even the entire market very quickly.

Cetus adopts a dual token model powered by CETUS and xCETUS. A long-term and dynamic incentive sustained by protocol earnings is implemented to reward active participants of the protocol. It wants to make sure that the actual participants of the protocol can be effectively incentivized by the scientific token economy.

Cetus Coin Review

The project is supported by giant investment companies such as OKX, Kucoin and Animonica Brands. The project, which has a serious following on social media, has an active audience. The project will most likely be listed on OKX and Kucoin after completing its pre-sale. You can earn Airdrops by following the active announcements of the exchanges.

Information found on CoinMeoow is those of writers quoted. It does not represent the opinions of CoinMeoow on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

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Disclaimer: This is a press release and what is written here does not reflect the views of the team and does not constitute investment advice. High risk of loss should be taken into consideration in leveraged transactions, cryptocurrency investments, and pre-sale purchases, and extensive research should be done before investing in any platform.



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