Cetus Protocol Price
(CETUS)
USD($)
Cetus Protocol (CETUS) Live Price Chart
Overview
About
Analysis
FAQ
Cetus Protocol Live Price Data
The live price of Cetus Protocol is $0.36879, with a total trading volume of $ 1.59M in the last 24 hours. The price of Cetus Protocol changed by +17.55% in the past day, and its USD value has decreased by -10.21% over the last week. With a circulating supply of 628,071,950 CETUS, the market cap of Cetus Protocol is currently 241.87M USD, marking a --% increase today. Cetus Protocol currently ranks #189 in market cap.
How do you feel about Cetus Protocol today?
Note: This data is for reference only.
Cetus Protocol(CETUS) Profile
Rank189
--Expand 
Website
Documentation
Explorer
- --
Contract
- Sui Network 0x6864a6...54b
Audited By
- --
Code & Community
Investors
- Animoca Brands
- NGC Ventures
- Coin98 Ventures
- KuCoin labs
- OKEx Blockdream Ventures
- IDG Capial
$0.28281
$0.38993
- ATH
- $0.49223
- Price Change (1h)
- -2.17%
- Price Change (24h)
- +17.55%
- Price Change (7d)
- -10.21%
- Market Cap
- $241.87M
- 24h Volume
- $1.59M
- Circulating Supply
- 628,071,950
- Max Supply
- 1B
About CETUS
How can I buy Cetus Protocol (CETUS)?
Buying CETUS on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Cetus Protocol (CETUS) for more information. What Is Cetus Protocol (CETUS) Crypto?
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.
How Does Cetus Protocol Work?
Cetus Protocol is built on a Concentrated Liquidity Market Maker (CLMM) system. Its design allows DeFi users to add liquidity at a specific price range, providing superior liquidity efficiency and flexible trading strategies.
Cetus prioritizes seamless integration in its product offerings as part of its 'Liquidity As A Service' philosophy. This allows developers and applications to access liquidity on Cetus and quickly develop their products conveniently.
The Cetus Protocol’s unique double-token model is designed to provide long-term and dynamic incentivization sustained by protocol earnings. By doing so, Cetus aims to reward those actively participating in the protocol and fueling its growth.
Cetus’s innovative concentrated liquidity algorithm lets liquidity providers and traders reap the rewards. By concentrating liquidity in an active price range, liquidity providers can earn transaction fees more efficiently, while traders can enjoy low-slippage trading around the spot price during their swaps.
When Was Cetus Protocol Launched?
Cetus is a relatively new entrant into the DeFi market, launching in October 2022 on the Aptos network. A month later, Cetus launched on the Sui testnet.
Key milestones achieved through Q4 2022 and early Q1 2023 include winning first prize in the Aptos Grant DAO round 1, launching the beta version of the Cetus CLMM on Aptos mainnet, and getting the protocol’s smart contracts audited by OtterSec and MoveBit.
Shortly after its launch, Cetus also formed several strategic partnerships with wallets, lending platforms, liquid staking platforms, SocialFi projects, and more. Some of Cetus Protocol’s partners include Wormhole, LayerZero, Coin98, AptosLaunch, Fewcha, Celer, omniBTC, and Hippo Labs.
In May 2023, a successful seed funding round was closed and raised an undisclosed amount of capital. Key investors in the project include KuCoin Ventures, Coin98 Ventures, OKX Blockdream Ventures, Animoca Brands, Jump Crypto, NGC Ventures, and IDG Capital.
Cetus Protocol (CETUS) Price Movements ($)
| Period | Change | Change (%) |
|---|---|---|
| Today | $0.05591 | 17.87% |
| 7 Days | $-0.03103 | -7.59% |
| 30 Days | $0.07254 | 23.79% |
| 3 Months | $0.21917 | 138.44% |
24H Investment Barometer
24H
- Buy
- The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
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Cetus Protocol Conversion Rate
FAQ
How much is 1 Cetus Protocol (CETUS) worth?
KuCoin provides real-time USD price updates for Cetus Protocol (CETUS). Cetus Protocol price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time CETUS to USD exchange rates. Is Cetus Protocol a Good Investment?
As a popular DeFi protocol on new blockchain ecosystems, Cetus offers a lucrative way for DeFi traders to access Aptos and Sui ecosystems. It could be an interesting crypto asset, especially if you believe in the potential of decentralized finance and Move-based blockchains.
The CETUS price could increase as more users sign up to provide liquidity and perform token swaps on its platform. The increased on-chain activity could make $CETUS more attractive to buy, use, and hold.
Positive investor sentiment toward the crypto market and critical sectors such as web3 and DeFi could also be important in driving bullish moves in the Cetus Protocol price. The CETUS to USD price trends higher when there is increased risk appetite and buying activity in the crypto market.
What Is Cetus Protocol Price Prediction?
Cryptocurrency markets can be highly volatile and subject to sudden fluctuations, making it challenging to offer a CETUS price prediction with certainty. However, several factors could influence the $CETUS price, including:
Level of Adoption
The more users that adopt and use Cetus Protocol for trading, the more demand there may be for the CETUS token, which could lead to an increase in Cetus Protocol price.
Partnerships and Future Developments
Positive news regarding partnerships or collaborations involving Cetus Protocol could increase demand for the token, which could lead to an increase in the price of Cetus crypto. Development progress or updates for Cetus Protocol may also contribute to higher demand for the token, boosting the CETUS price statistics.
Market Outlook
CETUS Protocol (CETUS) price may be influenced by the overall market sentiment towards cryptocurrency, like all cryptocurrencies. If the market is bullish, it's more likely for the Cetus Protocol value to rise, while if the market is bearish, the price of CETUS token may drop.
What Is CETUS Token Used For?
CETUS is the native token of the Cetus Protocol and has the following functions:
Utility Token
CETUS offers a secure and convenient way to make payments and settlements between participants in the protocol without centralized intermediaries. It can also be earned through liquidity mining.
Adding Liquidity
Cetus Protocol offers CETUS-SUI and CETUS-USDC pools for users to add liquidity and earn faster transaction fees than traditional AMMs. LPs can earn transaction fees faster than in traditional AMMs and also earn additional farming rewards automatically based on the fee performance of each LP.
Convert to xCETUS
Users can convert their CETUS tokens to xCETUS tokens on the platform. xCETUS, the non-transferable escrowed governance token, will also enable holders to earn weekly staking rewards.
Crypto Asset to Trade and HODL
Trade Cetus Protocol token against other crypto assets to profit from changing market conditions and volatility. KuCoin Spot Market offers you CETUS/USDT as a trading pair to buy or sell CETUS. You can also hold the token long-term if you believe in the future potential of the Cetus Protocol. It's essential to conduct thorough research and exercise caution when investing in cryptocurrencies.
What Is the Difference Between CETUS and xCETUS?
The Cetus Protocol leverages a double-token model in its operations, with CETUS and xCETUS as the two tokens. CETUS is the native protocol token of the Cetus protocol and can be earned by users through liquidity mining on Cetus.
On the other hand, xCETUS is a non-transferable escrowed governance token that corresponds to staked CETUS. xCETUS also gives governance rights to the holders, such as the ability to vote on proposals related to the protocol.
Users can quickly and easily convert their CETUS tokens to xCETUS whenever possible. As a perk, many staking rewards will be distributed among xCETUS holders every week.
How to Add Liquidity to Cetus Protocol
You can add liquidity to supported pools on Cetus Protocol and earn LP rewards. Here’s how:
1. Visit the Cetus Protocol app and connect your wallet to it.
2. Check the available concentrated pools by clicking the Pools tab on the app.
3. Fund your wallet with sufficient tokens of the liquidity pair you want to add liquidity for on Cetus Protocol.
4. Click Add Liquidity on the pool of your choice and enter the number of tokens you wish to deposit into the pool.
5. Confirm and approve the transaction from your wallet.
What is the all-time high price of Cetus Protocol (CETUS)?
The all-time high price of Cetus Protocol (CETUS) is $0.49237. The current price of CETUS is down 25.08% from its all-time high.
What is the all-time low price of Cetus Protocol (CETUS)?
The all-time low price of Cetus Protocol (CETUS) is $0.02679. The current price of CETUS is up 1,276.73% from its all-time low.
How much Cetus Protocol (CETUS) is there in circulation?
As of 12 21, 2024, there is currently 628,071,950 CETUS in circulation. CETUS has a maximum supply of 1B.
What is the market cap of Cetus Protocol (CETUS)?
The current market cap of CETUS is $241.87M. It is calculated by multiplying the current supply of CETUS by its real-time market price of $241.87M.
How do I store Cetus Protocol (CETUS)?
You can securely store your Cetus Protocol in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your CETUS include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.