At the time of publication, the Cetus DEX IDO has reached 6 million SUI committed compared to its original goal of 800,000 SUI.
Just hours after the initial DEX offering for Cetus began on May 8, its hard cap target of 800,000 Sui tokens has already been, with over 6 million SUI committed worth approximately $6.85 million at the time of publication. Developers claimed that the IDO reached its initial goal in less than 30 seconds after the sale went live.
Cetus is a DEX and liquidity protocol built on Sui and Aptos. The IDO, which is scheduled to take place from May 8-10, is still ongoing despite the initial target being reached. During the IDO, 20 million Cetus tokens are up for grabs out of a total supply of 1 billion CETUS. Users can commit SUI in exchange for CETUS at an exchange rate of 1 SUI to 25 CETUS. The rules and token metrics of the public sale, along with the price of SUI, would place the Cetus DEX at an initial valuation of $45.
A layer-1 blockchain created by former Meta execs, the Sui mainnet officially launched on May 3, along with listings of its Sui token. The SUI public sale took place weeks prior with an offering price of 0.1 Tether per SUI. Immediately after the listing, the price of SUI opened at $4.50 apiece with a fully diluted market capitalization of $45 billion before plunging 75% to trade at $1.14 at the time of publication. Before the listing, Binance introduced Sui LaunchPools, where users could stake either Binance Coin (
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Binance Convert Adds SUI, FLOKI and PEPE | Binance SupportFellow Binancians, Binance is excited to announce that SUI, FLOKI and PEPE have been added to Binance Convert . Users can now trade SUI, FLOKI and PEPE against BTC, USDT and any other tokens suppor...
Les mer »
UCLA tops Hawai’i for 20th NCAA men’s volleyball titleIdo David has a season-high 23 kills and the top-seeded Bruins beat the two-time defending national champs, 28-26, 31-33, 25-21, 25-21, for their first crown since 2006.
Les mer »
PolitiFact - Yes, a Texas bill would give GOP power to call election do-overs in left-leaning Harris CountyThe Texas Senate voted for a bill that would enable the state to call for election do-overs in only left-leaning Harris County if there are ballot shortages. If signed into law, the bill is expected to face legal challenges.
Les mer »
Slingy Pathirana can be Sri Lanka's asset with reduced workload - DhoniChennai Super Kings captain Mahendra Singh Dhoni believes Matheesha Pathirana could become a limited-overs asset for Sri Lanka with a light workload that does not include any test cricket.
Les mer »
Ophthalmologists offer free eye exams in Île-à-la-Crosse, Sask.Dr. Kourosh Sabri says eye care is critical for childrens’ development and well-being — and no child should have to go without. skpoli
Les mer »
Despite new contract offer, Oakland teachers’ strike likely to continue MondayThe teachers union is demanding back-and-forth bargaining for “common good proposals” intended to provide racial and environmental justice to students.
Les mer »