Hi everyone, my name is Ted. I am a Defi Lover. Today I am going to show you easy steps for using CetusProtocol- a pioneer dex and liquidity protocol built on Aptos blockchain.

Firstly, let me give you some short information about Cetus Protocol.

Cetus is a pioneer DEX and concentrated liquidity protocol focusing on Move-based ecosystems like Aptos and Sui. It works as a crucial part of the ecosystem infrastructure to satisfy the comprehensive needs of traders, LPs, upper applications and an increasing DeFi population.

The core offering of Cetus is about concentrated liquidity, which allows users to add their liquidity within custom price ranges. This can significantly enhance the capital efficiency compared with common AMM dex (The classic x*y=z model).

They have added the strategic partnership with LayerZero Labs, CelerNetwork, Axelar Network, Tortuga Finance, Fewcha Wallet. Also, they Launched #Cetus Quests on https://crew3.xyz/ with many interesting activities there.

Capital efficiency is the first thing that Cetus can redefine for Aptos 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.

Cetus was originally built on Aptos and will expand to other Move-based blockchain networks as it progresses. Aptos is a newborn layer1 blockchain that is full of potential and ambitions. It jumps out of the box that EVM ecosystem has created and pursuits the new gen of blockchain network with superior scalability, speed and robustness. Move is a new programming language designed for smart contract coding that enables developers to directly focus on digital assets and the safe operation while coding. There is huge potential behind the fast growth of both Aptos blockchain and Move developer community.

Official Website https://www.cetus.zone/
Twitter: https://twitter.com/CetusProtocol
Docs : https://cetus-1.gitbook.io/cetus-docs/

Next, let jump in to how to swap and add liquidity on Cetus

Firstly, go to https://app.cetus.zone/ and connect your wallet. Cetus has supported Martian, Petra, Pontem, Fewcha and Spika on Cetus user interface.

Then, you will see 2 options for Swap or Pools on the top of the page.

For swap function, choose the pair you want to swap, add the number of tokens/ coins and adjust the Slippage Tolerance with 3 options of 0.1 %, 0.5% and 1% based on your need. Next, click swap and approve on your wallet.

For adding liquidity on Cetus Protocol, kindly choose the pool you want to add liquidity first. Then enter an amount number, click Add to pool- Confirm Supply and approve the transaction on your wallet for confirmation.

Notice: Please make sure you have enough APT for the transaction fee and take a look at all the information before confirm or approve your transaction.
Kindly try with the suitable amount of property first to get used to the Cetus protocol.

Disclaimer: I am not a financial advisor. Do not take anything on Medium as financial advice, ever.

Do your own research!

Thank you for reading this post!