Cetus Protocol is a liquidity protocol that allows users to conduct complex trading strategies on a decentralized exchange (DEX) by providing a highly-customizable and programmable trading system. The protocol is built on Aptos and Sui and plans to expand to other Move-based blockchains.
It creates a flexible and powerful underlying liquidity network, making trading easier for users and assets. Cetus delivers a superior trading experience and liquidity efficiency to DeFi users by implementing a highly-customizable liquidity protocol based on CLMM.
This allows Cetus Protocol to offer flexible composition of the swap, range order, and limit order. It lets its users conduct almost all kinds of complex trading strategies that could be achieved on a centralized exchange.
Cetus Protocol uses a double-token model that includes CETUS and xCETUS. CETUS is the native protocol token of Cetus, which users can earn through liquidity mining. xCETUS is a non-transferable escrowed governance token that corresponds to staked CETUS.
