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Is Cetus protocol worth the hype?


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The current cryptocurrency market trend is bullish, and the fear and greed index suggests that investors are content with holding onto their investments. However, this could be a ploy to deceive investors into buying before the real bull market. As a result, I am conducting research on multiple altcoins that have strong fundamentals so that I can invest in them when the market experiences a dip.


From my research, I came across Cetus Protocol, a pioneer decentralized exchange (DEX) and concentrated liquidity protocol built on the Sui and Aptos blockchain. According to CoinMarketCap (CMC), its native token, CETUS, has a market cap below $6M, which makes CETUS a gem, in my opinion.


Cetus Protocol has also been listed on various exchanges, such as Kucoin, Gateio, and others. Additionally, it will be listed on Bitget on December 7th, and the exchange has presented an opportunity to get free CETUS tokens by participating in its deposit and trading event.


What are your opinions regarding the project (Cetus Protocol) and the general markets?

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The solution that CETUS provides to Defi are enormous hence the reason it has been gaining adoption since hitting spotlight through various CEX listing especially Bitget. With CETUS, LPs can earn more transaction fees efficiently while traders can enjoy low-slippage trading around the spot price during their swaps, a feature that is not very common in the Defi ecosystem. With the exposure CETUS is enjoying since listed on Bitget, am optimistic of more price surge hence it's advisable to buy and HODL or perhaps take part in the event to earn some free airdrops.

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6 hours ago, Wakanda said:

The solution that CETUS provides to Defi are enormous hence the reason it has been gaining adoption since hitting spotlight through various CEX listing especially Bitget. With CETUS, LPs can earn more transaction fees efficiently while traders can enjoy low-slippage trading around the spot price during their swaps, a feature that is not very common in the Defi ecosystem. With the exposure CETUS is enjoying since listed on Bitget, am optimistic of more price surge hence it's advisable to buy and HODL or perhaps take part in the event to earn some free airdrops.

Considering its commitment to innovation, interoperability and ease of use, I thnk the future of the Cetus Protocol looks promising. The concentrated liquidity concept along with some of its unique features like Range Orders and Position NFTs, sets up Cetus Protocol as a force in transforming the future of DeFi. Building on Sui and Aptos is also great for a solid foundation and continued growth.

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On 07/12/2023 at 22:01, Incarts said:

Considering its commitment to innovation, interoperability and ease of use, I thnk the future of the Cetus Protocol looks promising. The concentrated liquidity concept along with some of its unique features like Range Orders and Position NFTs, sets up Cetus Protocol as a force in transforming the future of DeFi. Building on Sui and Aptos is also great for a solid foundation and continued growth.

It's a project worth looking into atm cos of some salient fundamental features. Already DCAing at the largest copy trading platform. 

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On 07/12/2023 at 02:07, XTRAVAGANZA said:

I hold a small amount of CETUS on Kucoin. I aped in cos of its low mcap, solid fundamentals and ramped features. I may consider depositing some of it on Bitget to share from the reward. But first, i will look in to the requirements and all that. 

My buy order just got filled !!!! 

IMG_20231216_091536.jpg

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