Cetus Q1 Report: Average daily trading volume exceeds $38 million

Cetus released its first quarter report for 2024. In the past three months, TVL on the Cetus protocol has almost tripled, from $43 million at the beginning of this year to more than $116 million currently. As of today, the total transaction volume of the Cetus protocol has exceeded $5.3 billion, an increase of approximately $3.4 billion from the previous quarter, and the number of users is close to 1 million. Cetus’ average daily trading volume exceeded $38 million in the first quarter. On March 27, Cetus set a new high for single-day trading volume, raising the record to $111 million.