Cetus vs Raydium (CLMM) β Comparison Report
Volume & Liquidity
Cetus has a significantly lower trading volume compared to Raydium (CLMM), with a 24-hour volume of $19.6M versus $135.2M. This indicates that Raydium (CLMM) is currently more active and has a larger user base. In terms of TVL, Raydium (CLMM) also leads with $977.8M, while Cetus has $33.0M. This suggests that Raydium (CLMM) has a more established and liquid ecosystem.
Raydium (CLMM) has a significantly higher trading volume and TVL compared to Cetus.
Fee Structure & Costs
Both Cetus and Raydium (CLMM) have a maker-taker fee model, but the fees are significantly lower for Cetus, with a 24-hour fee of $9K compared to $109K for Raydium (CLMM). Additionally, Cetus has a lower revenue of $2K compared to $15K for Raydium (CLMM). This suggests that Cetus has a more competitive fee structure and lower costs for users.
Cetus has a more competitive fee structure and lower costs compared to Raydium (CLMM).
Multi-chain & Ecosystem
Cetus supports two chains, Sui and Aptos, while Raydium (CLMM) supports only Solana. However, Raydium (CLMM) has a significantly larger number of trading pairs (1546) compared to Cetus (193). Additionally, Raydium (CLMM) supports 355 coins, while Cetus supports 96. This suggests that Raydium (CLMM) has a broader ecosystem and more integrations.
Raydium (CLMM) has a broader ecosystem and more integrations compared to Cetus.
User Recommendations
Based on the analysis, we recommend Cetus for users who prioritize low fees and a competitive fee structure. Cetus has a more attractive fee model compared to Raydium (CLMM), making it a better choice for users who want to minimize their costs. On the other hand, we recommend Raydium (CLMM) for users who prioritize a broader ecosystem and more integrations. Raydium (CLMM) has a more established and liquid ecosystem, making it a better choice for users who want to access a wider range of assets and trading pairs.
Cetus is recommended for users who prioritize low fees and a competitive fee structure.
Trends & Innovation
Based on the analysis, we believe that Cetus has a more innovative trajectory compared to Raydium (CLMM). Cetus has a more competitive fee structure and lower costs, which suggests that it is more focused on user experience and innovation. Additionally, Cetus has a smaller but more established user base, which suggests that it is more focused on building a loyal community.
Cetus has a more innovative trajectory compared to Raydium (CLMM).
β¨ Bottom Line
In conclusion, Cetus is the overall winner based on its more competitive fee structure, lower costs, and more innovative trajectory. While Raydium (CLMM) has a broader ecosystem and more integrations, Cetus has a more attractive fee model and a more established user base.
Cetus
Cetus is the overall winner due to its more competitive fee structure, lower costs, and more innovative trajectory.