Cetus Q3 Report: TVL Surpasses 200 Million USD, User Count Approaches 2 Million

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

1. Total Value Locked (TVL) exceeding $200 million, currently over $220 million.
2. Total trading volume surpassing $13 billion, a 47% increase from the previous quarter.
3. User count reaching 1.75 million, nearing the 2 million mark.
4. Launch of new products, including Swap Aggregator and DCA (Dollar Cost Averaging) feature.
5. Support for native USDC on the Sui network, with over $11 million in native USDC liquidity already available.
6. Entered the top ten across all chains in DEX trading volume rankings.
7. Set new records for daily trading volume at $194 million and weekly trading volume at $1.03 billion.

Additionally, Cetus stated that it will continue to build strong liquidity and exchange infrastructure for Sui users, contributing to the growth of the ecosystem.