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Cryptocurrency News Articles

Cetus Protocol (CETUS) Surges 23.6% to Become Today's Top Performer

Nov 08, 2024 at 01:02 pm

The S&P 500 gained 0.74% to a record high, driven by optimism over the Fed's rate cut and potential tax cuts.

Cetus Protocol (CETUS) Surges 23.6% to Become Today's Top Performer

Top cryptocurrency and DeFi token today.

CETUS price surged 23.6% following the Cetus upgrade that allows users to effortlessly switch between multiple Sui wallet addresses.

Cetus Protocol (CETUS) is a decentralized exchange on the Sui Network, founded in 2022 and utilizing concentrated liquidity and Position NFTs to enhance efficiency. The CETUS token rewards users for participation and governance.

Cetus has upgraded its wallet connection feature, allowing users to connect multiple Sui wallet addresses at once and easily switch between them within the interface. This eliminates the need for repeated wallet clicks, providing a smoother and more flexible experience in Sui DeFi.

The Ethereum Foundation launched the Mekong testnet to allow developers to explore user experience (UX) and staking updates for the upcoming Pectra fork.

Mekong, a short-term testnet, includes all the Ethereum Improvement Proposals (EIPs) for Pectra, enabling testing of changes to UX, staking, deposits, and exit mechanisms. The testnet helps developers experiment and provide feedback, while stakers can preview workflow changes. Mekong does not impact the Ethereum mainnet or other testnets but will inform the deployment of Pectra upgrades across Ethereum networks.

Original source:bybit

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