Article Summary, Automatically Generated By AI
Summary of Cetus Protocol
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Blockchain:
Built on Sui and Aptos blockchain -
Mission:
To build a powerful and flexible underlying liquidity network for easy trading -
Features:
- Permissionless: All tools and functions are built with a permissionless standard
- Programmable: Highly-customizable liquidity protocol based on CLMM
- Composability: Embraces “Liquidity As A Service” concept for easy integration
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Sustainability:
- Double-token model: CETUS and xCETUS</li
Introducing Cetus Protocol: Pioneering a New Era in Decentralized Finance
Cetus is a trailblazing decentralized exchange (DEX) and concentrated liquidity protocol built on the Sui and Aptos blockchain. The mission of Cetus is to create a powerful and flexible underlying liquidity network, making trading easier for users and assets alike. By developing its concentrated liquidity protocol and a series of interoperable functional modules, Cetus aims to deliver an unparalleled trading experience and superior liquidity efficiency to DeFi users.
Permissionless, by design, all major tools and functions on Cetus are built with a permissionless standard, allowing users or other applications to utilize its protocols for their own use cases at any time. Whether it’s setting up a new trading pool or allocating incentives to rent liquidity from the public, the possibilities are endless.
Programmable, Cetus is building a highly customizable liquidity protocol based on CLMM. Through the flexible composition of swap, range order, and limit order, users can execute complex trading strategies akin to those on a centralized exchange (CEX). Moreover, liquidity providers can execute various Maker strategies using CLMM to maximize their liquidity efficiency.
Composability is at the heart of Cetus, embracing the concept of “Liquidity As A Service.” This emphasis on ease of integration enables developers and applications to seamlessly access the liquidity on Cetus, building their own products such as liquidity vaults, derivatives, and leveraged farming. A new project team can easily set up a swap interface on its own frontend by integrating the Cetus SDK, granting them swift access to Cetus’ liquidity and the broader market.
Sustainability is ensured through Cetus’ double-token model, fueled by CETUS and xCETUS. A long-term and dynamic incentivization mechanism, sustained by protocol earnings, is implemented to reward active participants of the protocol. This ensures that real contributors to the protocol are effectively incentivized by the scientific token economy.