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Cetus Q3 Report: TVL Breaks Through $200 Million, User Count Approaches 2 Million

Cetus Q3 Report: TVL Breaks Through $200 Million, User Count Approaches 2 Million

Bitget2024/10/16 12:53

ChainCatcher News, Cetus Protocol released its Q3 2024 report, with key highlights including:

Total Value Locked (TVL) exceeded $200 million, currently over $220 million.
Total transaction volume broke through $13 billion, a 47% increase from the previous quarter.
The number of users reached 1.75 million, approaching the major milestone of 2 million.
New products were launched, including Swap Aggregator and DCA (Dollar Cost Averaging) features.
Support for native USDC on the Sui network was introduced; there is now more than $11 million in native USDC liquidity.
It entered the top ten in DEX trading volume across all chains.
Set new records with daily transaction volumes of $194 million and weekly transaction volumes of $1.03 billion.

In addition, Cetus stated that it will continue to build strong liquidity and exchange infrastructure for Sui users to contribute to ecosystem growth.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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