Cetus 2024 Q3 Report: TVL Breaks $200 million, Users Nearly 2 million
On October 16, Cetus Protocol released its Q3 2024 report. Key highlights include: Total lock-in value (TVL) exceeded $200 million and is currently over $220 million. Total transaction volume exceeded $13 billion, up 47% from the previous quarter. The number of users reached 1.75 million, approaching the 2 million mark.
Launch of new products, including Swap Aggregator and DCA (Dollar Cost Average) capabilities.
Support for native USDC on the Sui network, with over $11 million in native USDC liquidity currently available.
Enter the top ten of the entire chain in the DEX transaction volume ranking.
Set new records for daily trading volume of $194 million and weekly trading volume of $1.03 billion.
In addition, Cetus said it will continue to build a strong liquidity and exchange infrastructure for Sui users, contributing to the growth of the ecosystem.