Cetus Protocol (CETUS) is a decentralized exchange (DEX) designed to optimize liquidity on the Sui and Aptos blockchains. It uses a concentrated liquidity model to provide a more efficient trading experience for DeFi users. In addition to CETUS, the project has a secondary token, xCETUS, which increases incentives for contributors and participants on the platform.
On November 6, 2024, CETUS saw a significant price increase after being listed on Binance, with a trading volume reaching over $181 million. This listing helped attract more attention to the platform and caused CETUS to increase in value to around $0.32 #MarketDownturn $CETUS