ChainCatcher news, the liquidity protocol Cetus Protocol on the Sui chain is suspected to have been attacked, with a significant decrease in liquidity pool depth, and multiple token trading pairs on Cetus have experienced a decline.

ChainCatcher news, according to the official announcement, will launch Cow Protocol (COW) and Cetus Protocol (CETUS) on November 6 at 12:00 (UTC), and will open the COW/USDT and CETUS/USDT spot trading pairs.

ChainCatcher news, according to Cetus, insiders from the SUI internal team revealed that they will soon promote the IDO process for some high-value ecological projects on the chain. It is reported that some of these projects have reached deep strategic cooperation with Cetus, and in the future, they may all use Cetus as the designated liquidity provision platform for the projects.To promote the development of these high-quality ecological projects on SUI, Cetus has established a dedicated development fund to support the growth of these projects, planning to provide benefits to users who support these projects through airdrops. The fund distribution rules are currently under discussion, and it is expected that the airdrop rules will be related to addresses holding Cetus on the SUI mainnet.

ChainCatcher news, Cetus Protocol announced that it has successfully completed a seed round of financing led by OKX Ventures and KuCoin Ventures. It is reported that Cetus Protocol is a leading DEX and concentrated liquidity protocol built on Sui and Aptos.This round of financing also included participation from a number of well-known institutions in the industry, such as Comma3 Ventures, NGC Ventures, Jump Crypto, Animoca Ventures, IDG Capital, Leland Ventures, AC Capital, Adaverse, Coin98 Ventures, etc. (source link)

ChainCatcher news, OKX Ventures officially announced a strategic investment in Cetus Protocol. Cetus is a DEX and liquidity protocol built on the Move language-based public chains (Sui, Aptos), focusing on creating a "concentrated liquidity" protocol and a series of ancillary features. (Source link)