Cetus announced the open source of the CLMM smart contract in Q3 — a proven liquidity engine within the Sui ecosystem.
The significance of this move is: firstly, to break down ecological barriers and achieve broader protocol composability; secondly, to enhance the transparency and auditability of the entire project, allowing the community and developers to gain deeper insights into the underlying mechanisms; finally, to accelerate iteration speed, providing more space for developers within the ecosystem to experiment and innovate.
The open-sourced CLMM module is expected to become the infrastructure for other DeFi protocols on the Sui chain, further promoting ecosystem vitality.
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Cetus announced the open source of the CLMM smart contract in Q3 — a proven liquidity engine within the Sui ecosystem.
The significance of this move is: firstly, to break down ecological barriers and achieve broader protocol composability; secondly, to enhance the transparency and auditability of the entire project, allowing the community and developers to gain deeper insights into the underlying mechanisms; finally, to accelerate iteration speed, providing more space for developers within the ecosystem to experiment and innovate.
The open-sourced CLMM module is expected to become the infrastructure for other DeFi protocols on the Sui chain, further promoting ecosystem vitality.