Introduction to Cetus and How to Swap and add Liquidity on Cetus
oiconmadn
0x4050
November 25th, 2022

Cetus is a pioneer dex and liquidity protocol built on Aptos & Sui blockchain. It focuses on delivering better trading experience and upgraded capital efficiency to DeFi users through the process of building its concentrated liquidity protocol and a series of affiliate functional modules.

Source: https://www.cetus.zone/
Source: https://www.cetus.zone/

Capital efficiency is the first thing that Cetus can redefine for this ecosystem, which is powered by its concentrated liquidity algorithm. Both liquidity providers and traders can benefit from this. By concentrating liquidity in an active price range, LPs can earn transaction fees more efficiently. Traders can enjoy low-slippage trading around the spot price during their swaps. In addition, developers can easily build their own products and tip into the most efficient liquidity source of Cetus by integrating with its openly-accessible smart contracts and SDKs.

How to Swap and add Liquidity on Cetus on Aptos mainnet

NOTE: Have some $APT for gas fees.

1 - HOW TO SWAP TOKENS ON CETUS

  • Open Cetus official website at: https://www.cetus.zone/

  • Click on access app in the webpage.

  • Connect your Aptos wallet (Petra, Martain, …)and top up with $APT from exchanges like Binance, OKX, etc. I will be using Martian wallet for tutorial.

  • Go to swap tab and choose from the list of tokens you want to swap your $APT tokens into. Ex: Apt to zUsdc. And out the amount you want to swap

  • Click on confirm. And approve the transaction into your wallet. And hurrah your swap is complete. You can see the amount of zusdc in your wallet.

2 - HOW TO PROVIDE LIQUIDITY ON CETUS

  • Click on POOLS tab.

  • Choose the pool in which you want to add liquidity and click on it. Ex: Apt/zUsdc.

  • Put in amount you want to add into pool. And click on Add to pool.

  • Now confirm the transaction in wallet. And bingo you have added liquidity in this pool. You can check your lP shares on the bottom of screen.

  • Similarly you can remove Liquidity from pool in percentage as well all of it using the slider or manually as you deem comfortable.

Learn more at:

  • Cetus official website:
Cetus, where On-Chain Trading happens
www.cetus.zone
  • Cetus official Twitter:
twitter.com
twitter.com
  • Cetus official Discord:
Join the Cetus Protocol Discord Server!
Check out the Cetus Protocol community on Discord - hang out with 79324 other members and enjoy free voice and text chat.
discord.com

About Author:

Twitter: @oiconmadn

Discord: Minhka#6961

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