1. What is Cetus?

Cetus (CETUS) is a cryptocurrency primarily used for the Cetus protocol, which is a decentralized exchange and concentrated liquidity protocol. This protocol aims to facilitate trading between various assets, distinguishing itself from traditional automated market maker (AMM) protocols by introducing the concept of concentrated liquidity.

The key features of the Cetus protocol include:

• Decentralized exchange: Provides a secure and transparent trading environment.
• Concentrated liquidity: Unlike traditional AMM protocols, Cetus enhances trading efficiency and liquidity through concentrated liquidity.
• Multi-asset trading: Supports trading between various assets, enhancing market flexibility and diversity.

In summary, the Cetus protocol aims to provide a more efficient and secure trading solution for the cryptocurrency market.

2. Who founded Cetus?

According to the provided information, Cetus is a decentralized exchange and concentrated liquidity protocol based on the Sui and Aptos blockchains, but it does not explicitly mention who its founders are. The relevant information mainly introduces the functions and investment status of Cetus but does not provide specific details about its founders.

3. Which venture capitalists invested in Cetus?

According to the provided information, the following venture capitalists invested in the cryptocurrency Cetus:

1. OKX Ventures - Lead investor
2. KuCoin Ventures - Lead investor
3. Comma 3 Ventures
4. NGC Ventures
5. Animoca Ventures
6. IDG Capital
7. Leland Ventures
8. AC Capital
9. Adaverse
10. Coin 98 Ventures.

4. How does Cetus operate?

The Cetus protocol (CETUS) is a decentralized exchange and concentrated liquidity protocol aimed at facilitating trading between various assets. The following are its main operational methods:

1. Concentrated liquidity model: Cetus introduces the concept of concentrated liquidity, allowing liquidity providers to strategically allocate their assets within a customised price range. This innovation maximizes the efficient use of liquidity in traditional automated market maker (AMM) pools, enhancing efficiency and providing maximum fee revenue for liquidity providers.

2. Liquidity provider: Liquidity providers can create positions with custom price ranges, concentrating their assets at points of significant trading activity. This targeted liquidity provision increases efficiency and ensures a higher proportion of the provided liquidity is actively utilized.

3. Range orders: The Cetus protocol introduces the unique functionality of range orders, allowing liquidity providers to act as market makers and simulate limit orders. This enables users to execute advanced trading strategies, including profit-taking and buy limit orders.

4. Position NFT system: The position NFT system adds a layer of ownership and authority for liquidity providers, granting them the ability to earn fees and liquidity mining rewards.

5. Liquidity as a service: The Cetus protocol also adopts the concept of "liquidity as a service," emphasizing ease of integration for developers and applications. Through Cetus's SDK, developers can easily access liquidity on Cetus to build innovative products such as liquidity vaults, derivatives, and leveraged farming.

6. Cross-chain bridge: Cetus provides a bridging interface integrated with the Wormhole SDK as a cross-chain bridge, allowing users to easily migrate their assets to different blockchain networks.

7. CETUS token: CETUS is the core governance and utility token of the protocol. Users can earn CETUS through liquidity mining on the Cetus protocol, ensuring fair and distributed allocation. CETUS is designed for seamless payments and settlements within the Cetus ecosystem, eliminating the need for intermediaries and ensuring secure peer-to-peer transactions.