GeorgeOnTV

CETUS dominanting the SUI space

Long
KUCOIN:CETUSUSDT   Cetus Protocol / Tether
SUI is challenging for being apart of the big4 independent chains

Behind Ethereum, Solana and Binance Smart Chain is now SUI in terms of 24hr dex volume. While Arbitrum is still stronger as a layer 2 for Eth it is not an independent chain like the others.

This strength by SUI is interesting in and of itself but as CETUS is dominanting the SUI dex space volume wise.. it is also very interesting for CETUS

CETUS has jumped up to top10 dApps {volume wise}

CETUS' domination of the growing SUI space has now lead it to overtaking Lifinity, Balancer, Quickswap to name a few and challenging Curve to go from 7th biggest to 6th

This puts CETUS in a very strong fundamental position that looks to be maintaining and it should technically catch up to its relative undervalued current market cap


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