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Cetus Protocol Launches Mining Incentives for LayerZero-Powered WBTC on Sui
12/02/2025, 08:36
AI SUMMARY
●Cetus initiates mining incentives for LayerZero-powered WBTC on Sui
●Liquidity providers can participate in the new WBTC-USDC CLMM pool
●Integration utilizes LayerZero technology to enhance cross-chain Bitcoin utility
Cetus Protocol has officially launched mining incentives for the newly integrated native Wrapped BTC (WBTC) on the Sui network. This implementation of WBTC is powered by LayerZero, designed to facilitate secure and efficient cross-chain transfers of Bitcoin assets into the Sui ecosystem.
Liquidity providers can now access yield opportunities by providing liquidity to the WBTC-USDC CLMM (Concentrated Liquidity Market Maker) pool. The integration is expected to enhance Bitcoin liquidity on Sui and broaden the network's DeFi capabilities.