Overview
Cetus is a decentralized exchange (DEX) and concentrated liquidity protocol operating on the SUI and Aptos blockchains. Designed to enhance trading efficiency and liquidity provision, Cetus introduces innovative features such as concentrated liquidity pools, a super aggregator for optimal trade execution, and a dual-token model to incentivize participation and governance. By leveraging the unique capabilities of the SUI blockchain, Cetus aims to provide a seamless and efficient trading experience for users and developers alike.
Key Features
- Concentrated Liquidity Pools: Cetus allows liquidity providers to allocate their assets within specific price ranges, maximizing capital efficiency and enabling higher fee earnings. This approach ensures that liquidity is utilized more effectively compared to traditional AMMs.
- Super Aggregator: The Super Aggregator feature sources liquidity from various pools within the SUI ecosystem, ensuring optimal trade execution with minimal slippage for users.
- Infinity Pools: Infinity Pools are permissionless liquidity pools with multiple fee tiers, allowing users to provide liquidity in specific price ranges and earn rewards through liquidity mining and farming.
- Intent Trading: This feature enables users to automate their trading strategies, such as dollar-cost averaging (DCA) and limit orders, providing flexibility and control over transactions.
- Asset Launchpad: Cetus offers a launchpad for new projects within the SUI ecosystem, facilitating token launches and providing growth strategies for emerging assets.
Tokenomics
CETUS Token
- Name: Cetus Token
- Ticker: CETUS
- Chain: SUI
- Total Supply: 1,000,000,000 CETUS
- Distribution:
xCETUS Token
- Name: Cetus Escrowed Token
- Ticker: xCETUS
- Chain: SUI
- Utility: xCETUS is a non-transferable governance token obtained by staking CETUS. It grants voting rights within the Cetus DAO and provides access to exclusive features and loyalty programs.
- Conversion:
Why Choose Cetus
Cetus stands out in the DeFi landscape by offering a combination of concentrated liquidity, advanced trading features, and a robust tokenomics model. By operating on the SUI blockchain, Cetus leverages high throughput and low latency to provide an efficient trading environment. Its innovative features cater to both traders and liquidity providers, ensuring optimal capital utilization and enhanced user experience.
FAQs
What is Cetus?
Cetus is a decentralized exchange and concentrated liquidity protocol built on the SUI and Aptos blockchains, aiming to enhance trading efficiency and liquidity provision.
How does concentrated liquidity work on Cetus?
Concentrated liquidity allows providers to allocate assets within specific price ranges, maximizing capital efficiency and enabling higher fee earnings compared to traditional AMMs.
What is the Super Aggregator feature?
The Super Aggregator sources liquidity from various pools within the SUI ecosystem, ensuring optimal trade execution with minimal slippage.
How can I participate in governance on Cetus?
By staking CETUS tokens to obtain xCETUS, users gain voting rights within the Cetus DAO, allowing them to participate in protocol governance and decision-making.
What incentives are available for liquidity providers?
Liquidity providers earn transaction fees and may receive additional rewards through liquidity mining, farming, and participation in loyalty programs.
How can new projects launch tokens on Cetus?
Cetus offers an Asset Launchpad, facilitating token launches for new projects within the SUI ecosystem and providing growth strategies for emerging assets.
What is the process for converting xCETUS back to CETUS?
Converting xCETUS to CETUS requires a vesting period ranging from 15 to 180 days, with longer durations offering better conversion ratios.
Which blockchains does Cetus support?
Cetus operates on both the SUI and Aptos blockchains, leveraging their unique features to provide efficient and scalable DeFi solutions.
