The DEX platform Cetus, based on Sui and Aptos, has completed its seed round financing, led by OKX Ventures and KuCoin Ventures

ChainCatcher news, based on the public chains Sui and Aptos, the DEX and liquidity protocol Cetus announced the completion of its seed round financing. OKX Ventures and KuCoin Ventures led the investment, with participation from Comma3 Ventures, NGC Ventures, Jump Crypto, Animoca Ventures, IDG Capital, Leland Ventures, AC Capital, Adaverse, Coin98 Ventures, among others. The specific amount of financing has not been disclosed. The new funding will be used to support the initial development and growth of the platform, as well as to expand its market share and customer base.

Cetus focuses on providing DeFi users with the best trading experience and outstanding liquidity efficiency by building its decentralized liquidity protocol and offering a range of modular features. It aims to further develop its DeFi-based concentrated liquidity infrastructure, which can serve as a robust liquidity layer in the growing Move ecosystem. (Source link)