BTSE will list the Cetus Protocol (CETUS) token on March 6, 2024, making it available for spot trading.
Additionally, CETUS will be listed on BTSE’s wider ecosystem of 10+ white label crypto exchanges, enabling better liquidity and pricing. Users will be able to trade CETUS via the CETUS/USDT and CETUS/USDC trading pairs.
Key Dates
Deposits, trading, and withdrawals will be simultaneously enabled at 4:00 PM (Singapore Time) on March 6, 2024! (Supported network: SUI)
What is Cetus?
- Cetus is a pioneering MOVE-based liquidity protocol designed to empower decentralized finance (DeFi) by offering a platform for swapping, earning, and building with permissionless access. It operates on a foundation of permissionless standards, allowing users and applications to leverage its protocols for a wide range of use cases. Built on the Sui blockchain, Cetus aims to enhance liquidity within the DeFi ecosystem through a user-friendly Access App and comprehensive documentation.
- The platform stands out for its highly customizable liquidity protocol, which is based on a Concentrated Liquidity Market Maker (CLMM) model. This enables users to execute complex trading strategies similar to those available on centralized exchanges (CEXs) through a combination of swap, range order, and limit order options. Furthermore, Cetus prioritizes composability and “Liquidity As A Service,” facilitating easy integration for developers and applications to access and utilize its liquidity for building their own products.
- Cetus implements a sustainable economic model with a dual-token system comprising CETUS and xCETUS tokens, aimed at long-term incentivization and dynamic rewards for active participants. This model is supported by protocol earnings, ensuring a sustainable growth path. Additionally, Cetus operates within the Aptos ecosystem, a Layer-1 proof-of-stake blockchain known for its high transaction throughput and efficiency, which further solidifies Cetus’s position as a key player in fostering the development of next-generation, latency-sensitive decentralized applications.
Users can deposit/trade CETUS tokens by searching CETUS on the BTSE website or mobile app.
Learn more on the official CETUS website here.
Trade on the go — download the BTSE mobile app (iOS/Android)
Our aim is to create a platform that offers users the most enjoyable trading experience. If you have any feedback, please reach out to us at feedback@btse.com or on X @BTSE_Official.
Note: BTSE Blog contents are intended solely to provide varying insights and perspectives. Unless otherwise noted, they do not represent the views of BTSE and should in no way be treated as investment advice. Markets are volatile, and trading brings rewards and risks. Trade with caution.
