Celer Network Partnership with Cetus
Celer Network Partnership with Cetus, a pioneer DEX and concentrated liquidity protocol focusing on Move-based ecosystems like Aptos and Sui.
Cetus will dive into various cross-chain aspects with Celer’s support. Cetus protocol will also support Celer’s different wrapped assets and bridged tokens to give users easier access to the liquidity across multiple blockchains. As Celer Network announced its Partnership with Cetus
What does Cetus Protocol offers?
Swap: Trade any token on Aptos in seconds by simply connecting your wallet. Enjoy better market depth and lower slippage powered by concentrated liquidity.
Earn: Achieve 10x capital efficiency than typical AMMs or even higher by concentrating your liquidity in a custom price range. Earn farming rewards automatically by being an active maker.
Build: Build faster and easier than ever based on Cetus’s smart contract and SDK. Tap into the most efficient source of liquidity on Aptos. Establish a growing network of Aptos DeFi apps.
- Concentrated Liquidity: Liquidity that is allocated within a specified price range.
- Concentrated Liquidity Protocol: A dex or a DeFi protocol that is built with the concentrated liquidity infrastructure.
- Factory: A smart contract that deploys a unique smart contract for any trading pairs.
- Pool: A smart contract deployed by the factory contract that pairs two types of tokens. A same token pair may have different fee tiers which lead to multiple pools.
- Reserves: The liquidity available in a particular trading pool.
About Celer Network
Celer is a blockchain interoperability protocol enabling a one-click user experience accessing tokens, DeFi, GameFi, NFTs, governance, privacy solutions and more across multiple chains. Developers can build inter-chain-native dApps using the Celer Inter-chain Message SDK to gain access to efficient liquidity utilization, coherent application logic, and shared states. Users of Celer-enabled dApps will enjoy the benefits of a diverse multi-blockchain ecosystem with the simplicity of a single-transaction UX, all from a single chain.
About Cetus
Cetus is a pioneer DEX and concentrated liquidity protocol focusing on Move-based ecosystems like Aptos and Sui. It’ll work as a crucial part of the ecosystem infrastructure to satisfy the comprehensive needs of traders, LPs, upper applications and an increasing DeFi population.
