Right after Bitcoin reached its all-time high (ATH) at $75,000, Binance swiftly announced the listing of Cow Protocol (COW) and Cetus Protocol (CETUS), launching new trading pairs COW/USDT and CETUS/USDT from 12:00 (UTC) on November 6, 2024.
Users can start depositing COW and CETUS two hours before trading opens. Withdrawals will be available at 12:00 (UTC) on November 7, 2024, with a listing fee of 0 BNB.
- COW Smart Contract Address (Ethereum): 0xDEf1CA1fb7FBcDC777520aa7f396b4E015F497aB
- CETUS Smart Contract Address (Sui): 0x6864a6f921804860930db6ddbe2e16acdf8504495ea7481637a1c8b9a8fe54b::cetus::CETUS
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Introduction to COW and CETUS
Cow Protocol (COW)
Cow Protocol is a unique “meta-DEX” (DEX aggregator) that uses “trade intents” and batch auctions to secure the best price for users when trading cryptocurrency. As a “meta-DEX,” it not only connects with individual DEX platforms but also integrates with other DEX aggregators. This broad data access allows Cow Protocol to expand liquidity search and optimize trading prices for users.
Cetus Protocol (CETUS)
Cetus Protocol is a decentralized exchange (AMM DEX) that employs the CLMM (Concentrated Liquidity Market Maker) model and is built on the Sui and Aptos ecosystems. Cetus functions as a permissionless DEX, allowing any user to access, create liquidity, and trade freely.
Related: Binance Announces Listing of Scroll on Launchpool and Pre-Market Trading
Notably, following Binance’s listing announcement this morning, both COW and CETUS tokens have seen an impressive surge of up to 80% in value, sparking a strong positive effect on the market as Bitcoin set a new record high.
