Cetus (CETUS) is a decentralized exchange (DEX) and concentrated liquidity protocol that is designed to facilitate trade between various crypto assets. The platform is developed using the proof-of-stake (PoS) architecture of Layer-1 blockchains Sui and Aptos.
This article is a guide to the Cetus Protocol where we learn about what the DEX is, how it functions, what purpose its native CETUS token serves, analyze its future price, and tell you where to get it from, before determining if it is a credible cryptocurrency project.
So, without further ado, let us get started.
What is Cetus Protocol (CETUS)?
Cetus is a decentralized exchange and automated marker maker (AMM) protocol built atop the Sui and Aptos blockchains. The platform’s goal is to create a powerful and flexible liquidity network that simplifies crypto trading for users dealing with a diverse range of tokens.
Unlike traditional AMMs, Cetus introduces the concept of concentrated liquidity, which allows liquidity providers to allocate their assets within custom price ranges strategically. This way the case of underutilization of liquidity is minimized, thereby enhancing and maximizing fee generation for liquidity providers.
How does the Cetus Protocol work?
At its heart, Cetus is a permissionless DEX, meaning that all its tools and functions are designed in such a manner that users and applications can utilize them for their specific use cases at any time. For instance, users can set up new trading pools or allocate incentives for liquidity from the public in an open and unrestricted way.
The highly customizable DEX is based on the Concentrated Liquidity Market Maker (CLMM) protocol. This allows users to build complex trading strategies through a combination of token swaps, range orders, and limit orders. Also helping them execute a wide range of trading techniques similar to what is possible on centralized exchanges.
Cetus embraces the concept of “Liquidity as a Service”, which makes it easy for developers to integrate their applications into the protocol. Through the Cetus SDK, developers can seamlessly access liquidity on the DEX to build innovative products and services such as liquidity vaults, derivatives, and leveraged farming.
What is the CETUS token?
CETUS is the native utility and governance token of the Cetus Protocol. Users can get their hands on the cryptocurrency through liquidity mining on the network. It is designed to enable seamless payment and settlement in the Cetus ecosystem.
Moreover, CETUS eliminates the need for intermediaries and ensures secure, peer-to-peer transactions on the DEX. The tokens are also used as an economic incentive, where users are rewarded for actively participating and contributing to the ecosystem.
CETUS Price Prediction: 2024, 2025, 2026, 2027, 2028, 2029, 2030
At the time of writing, CETUS is trading at $0.1081 – up 4.1% in the last 24 hours.
Based on its current valuation, CETUS is predicted to trade within a price range of $0.1065 at its lowest and $0.5137 at its highest in 2024.
The price of CETUS is expected to lay between $0.22 and $0.27 in 2025.
In 2026, CETUS is forecasted to trade within a price range of $0.0884 on the lower and $0.2874 on the higher end.
In 2027, CETUS is expected to trade between $0.0972 at its lowest and $0.2020 at its highest.
By 2028, the maximum price CETUS will reach is estimated to be $0.3454, while the lowest price point for the token is expected to be $0.1448.
In 2029, CETUS could be trading within a price range of $0.2838 and $0.7065.
In 2030, CETUS is forecasted to trade at a minimum price of $0.2801 and a maximum price of $0.4541.
Where to buy CETUS tokens from?
CETUS can be bought, sold, and traded on the following exchanges:
Is Cestus Protocol a credible cryptocurrency investment?
Cetus Protocol is a decentralized exchange and automated market maker (AMM) protocol deployed on the Layer-1 blockchains Sui and Aptos. The DEX aims to simplify trade for users dealing with a wide range of crypto assets by providing them with the best-decentralized finance experience while optimizing liquidity efficiency.
The permissionless protocol allows users to set up new trading pools or allocate incentives for liquidity from the public. Its highly customizable liquidity protocol empowers users to execute a wide array of trading strategies similar to CEXs. Furthermore, developers can easily onboard their applications onto the Cetus ecosystem by tapping into its liquidity and the broader crypto market.
The CETUS token’s future price prospects indicate that it has lots of room for growth. The multi-chain approach and ease of integrating DApps make Cetus a project with high potential in the DeFi economy.
All things considered, I would say Cetus is a credible cryptocurrency project that should be on the top of your investment list. However, as is the case with every other cryptocurrency, CETUS is also prone to price fluctuations, therefore, you must do proper due diligence before making any investment decision regarding the project.
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