A closer look at Cetus Protocol, a DEX on Sui

A closer look at Cetus Protocol, a DEX on Sui

By LeftFooted | bitcoinea | 14 Nov 2025


Cetus Protocol is a decentralised exchange on Sui, as well as liquidity protocol.


Originally built on Aptos before fully migrating to Sui, Cetus focuses on liquidity and it's still relatively new, having launched in early 2023.


Although, to be fair, in the crazy world of cryptocurrency, maybe a couple of years of history makes you old enough to vote.


At the time of writing, only about 16 million unique accounts are using it, pardon the cacophony.


Actually, let me rephrase that, because having 16 million unique accounts on your platform is not a bad deal at all, especially for a relatively unknown protocol and a rising blockchain and platform.


Also at the time of writing, Cetus' native token, simply called CETUS, is worth $0.036, which is actually not great.


About a year ago, it was $0.10


But hey, at least they have some cool whale-themed stickers, too. 

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LeftFooted
LeftFooted

I’m a left-footed duck that loves writing. I write about cars, watches, craft beer and, you’ve guessed it, crypto Also active on read.cash


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