Cetus Token Price (CETUS)

Cetus Token (CETUS) Token Price Now

Cetus Token price today is $0.3377 with a 24-hour trading volume of $58,330,323. CETUS price is down -9.71% in the last 24 hours. It has a circulating supply of 628.72Mil CETUS tokens and a max supply of 1000Mil.
In order to search for real-time and historical information about Cetus Token (CETUS) blockchain, including data related to blocks, transactions, addresses, and more, you may use Cetus Token (CETUS) block explorers. Here are some of the most popular and useful Cetus Token (CETUS) blockchain explorers out there:

• suiscan.xyz

What Is Cetus Token(CETUS)?

CETUS is a native cryptographically-secure fungible token for Cetus Protocol.

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.

Why Cetus?

• 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.
• Programmable - Cetus builds a highly-customizable liquidity protocol based on CLMM. Through flexible composition of swap, range order and limit order, users can conduct almost all kinds of complex trading strategies that could be achieved on a CEX.
• 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 liquidity on Cetus to build their own products.
• 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.

What is the Utility of CETUS Token?

CETUS is a functional multi-utility token which will be used as the medium of exchange between participants on Cetus in a decentralized manner. The goal of introducing CETUS is to provide a convenient and secure mode of payment and settlement between participants who interact within the ecosystem on Cetus without any intermediaries such as centralized third party entity/institution/credit. It is not, and not intended to be, a medium of exchange accepted by the public (or a section of the public) as payment for goods or services or for the discharge of a debt; nor is it designed or intended to be used by any person as payment for any goods or services whatsoever that are not exclusively provided by the issuer.

What Major Benefits can Cetus Bring to This Ecosystem?

Liquidity efficiency is the first thing that Cetus can redefine for this ecosystem, which is powered by its concentrated liquidity algorithm. Both liquidity providers and traders can benefit from this. By concentrating liquidity in an active price range, LPs can earn transaction fees more efficiently. Traders can enjoy low-slippage trading around the spot price during their swaps. In addition, developers can easily build their own products and tip into the most efficient liquidity source of Cetus by integrating with its openly-accessible smart contracts and SDKs.

Cetus Token (CETUS) Community

• Twitter: https://twitter.com/CetusProtocol
• Discord: https://discord.gg/cetusprotocol
• Medium: https://medium.com/@CetusProtocol
• Telegram: https://t.me/cetusprotocol

What is Cetus Token (CETUS) Contracts address?

• Sui: 0x6864a6f921804860930db6ddbe2e16acdf8504495ea7481637a1c8b9a8fe54b::cetus::CETUS