Cetus completed its seed round fundraising led by OKX Ventures and Kucoin Ventures

CetusProtocol
2 min readMay 2, 2023

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Cetus, a pioneer DEX and concentrated liquidity protocol built on Sui and Aptos, has successfully closed its seed round of funding led by OKX Ventures and KuCoin Ventures. This round also included participation from a list of prominent institutions in the industry, such as Comma3 Ventures, NGC Ventures, Animoca Ventures, IDG Capital, Leland Ventures, AC Capital, Adaverse, Coin98 Ventures, etc.

The mission of Cetus is building a powerful and flexible underlying liquidity network to make trading easier for any users and assets. As a leading decentralized exchange on Sui and Aptos, Cetus focuses on delivering the best trading experience and superior liquidity efficiency to DeFi users through the process of building its concentrated liquidity protocol and a series of affiliate interoperable functional modules.

The seed round funding will be used to support the platform’s initial development and growth, and also expand its market presence and customer base. This marks a significant step forward for Cetus as it looks to further develop its concentrated liquidity based DeFi infrastructure and serve as a powerful liquidity layer in the ever-growing Move ecosystem.

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