
Cetus Protocol Dominates Sui DeFi Landscape With Innovative Tokenomics
Cetus Protocol quickly established itself as a major player within Sui’s ecosystem. It is the primary liquidity on ramp and the base layer of decentralized finance (DeFi). As of mid-2025, Cetus had around $236 million total value locked (TVL). This milestone made it the largest DeFi protocol on the Sui...