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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.