#EthereumFuture Cetus Protocol (CETUS) is a decentralized exchange (DEX) and concentrated liquidity protocol built on the Sui and Aptos blockchains. Its goal is to create a powerful and flexible underlying liquidity network to make trading easier for users and assets within the decentralized finance (DeFi) ecosystem.
Key Features of Cetus Protocol:
* Decentralized Exchange (DEX): Cetus operates as a platform where users can trade cryptocurrencies directly with each other without the need for intermediaries.
* Concentrated Liquidity: It utilizes a Concentrated Liquidity Market Maker (CLMM) model. This allows liquidity providers to allocate their capital within specific price ranges, leading to potentially higher capital efficiency and more concentrated liquidity around the current market price.