# Cetus Protocol > Cetus, where On-Chain Trading happens Cetus Protocol enables decentralized trading through concentrated liquidity pools and swap aggregation on Sui and Aptos blockchains. Cetus Protocol operates as a decentralized exchange and liquidity infrastructure on the Sui and Aptos blockchains, implementing concentrated liquidity market maker models to optimize capital efficiency for traders and liquidity providers. The protocol features concentrated liquidity pools, dynamic fee mechanisms, swap aggregation across multiple decentralized exchanges, automated liquidity management vaults, and advanced order types including limit orders and dollar-cost averaging. Built on high-performance Move-based blockchains, users access permissionless pool creation, developer integration tools through comprehensive SDKs, and a dual-token incentive system designed to reward active protocol participants through protocol earnings distribution. - Type: Company - Sector: Finance - Status: Active - Founded: 2023-05-01 - Profile: https://thegrid.id/profiles/cetus_protocol ## Products - [Cetus Protocol](https://thegrid.id/profiles/cetus_protocol): Cetus Protocol implements concentrated liquidity market maker mechanics through CLMM and DLMM pool architectures, enabling capital-efficient token swaps and liquidity provision on Sui blockchain. The platform aggregates liquidity from multiple decentralized exchanges across the Sui ecosystem through intelligent routing algorithms, executing atomic multi-hop swaps for optimal price execution. Users create custom liquidity positions within specific price ranges to maximize fee generation, place limit orders and dollar-cost averaging strategies through intent-based trading interfaces, and launch new tokens through integrated launchpad functionality. The system incorporates automated vault management to optimize liquidity deployment, implements dynamic fee adjustments based on market volatility, and supports permissionless pool creation with multiple fee tiers for diverse trading strategies. (Decentralised Exchange, Live, Main Product) ## Assets - [Cetus Token (CETUS)](https://thegrid.id/profiles/cetus_protocol): CETUS is the governance token of Cetus Protocol, a decentralized exchange on Sui. It is used to vote on protocol features, upgrades, and parameters by staking CETUS to receive xCETUS, which represents voting power. Holders who convert to xCETUS earn staking rewards powered by net protocol fee earnings from both CLMM and DLMM protocols. (Governance) - [Cetus Escrowed Token (xCETUS)](https://thegrid.id/profiles/cetus_protocol): xCETUS is the governance token of Cetus Protocol, obtained by staking CETUS tokens at a 1:1 conversion ratio. It is non-transferable and represents voting power for proposing and voting on protocol parameters such as fee structures and reward allocation. Holders earn weekly staking rewards from protocol fees, with 50% of CLMM net profit and 25% of DLMM net profit distributed to xCETUS stakers. (Governance) ## Links - [Main](https://www.cetus.zone) - [Terms of Service](https://www.cetus.zone/terms) - [Documentation](https://cetus-1.gitbook.io/cetus-docs) - [Media Kit/branding](https://drive.google.com/drive/folders/1z6r9aySzPpjAVpYg2EOMYru3z3lT-7Gq?usp=sharing) - [GitHub](https://x.com/CetusProtocol) - [Discord](https://discord.gg/cetusprotocol) - [Telegram](https://t.me/CetusDevNews) - [Medium](https://medium.com/@CetusProtocol) - [Twitter / X](https://x.com/cetusprotocol) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. 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