Sui Community

🚨 BREAKING: $FDUSD on Sui is now live on Binance!

Starting today, you can send FDUSD to your Sui wallet directly from Binance. Let's the Sui begin!

Daily DEX volume — Sui vs other chains within the last 24 Hour ⤵️

💧 Sui = $427M+

🔗 Aptos + Sei + TON + Carnado + Near + Injective = $185M+

That’s not bad for a blockchain that isn’t getting adoption, right?

*Source: https://defillama.com/dexs/chains

🔥 NEW: $LEND is soon dropping on Bybit

Get ready – deposits and withdrawals will be available via the Sui Network. Stay tuned!

Sui - The youngest, yet the one who has grown the most lately!

💧 Sui DeFi — Smarter, Faster, Easier

Sui DeFi is uniquely powerful. Why?

1️⃣ Unlike other ecosystems, Sui removes approval transactions - "extra step" 😎, making DeFi simpler and more intuitive thanks to its object-oriented architecture

2️⃣ Sui delivers with stable gas fees and, thanks to its consensus mechanism Mysticeti, achieves near-instant transaction finality.

Together, they make using Sui smooth and hassle-free, even when demand is high.

Sui’s DeFi landscape
💲 Borrowing and lending protocols
Borrowing and lending protocols let users lend their digital assets and borrow others in return, providing an easy and accessible alternative to traditional finance.

Here is a list of popular borrowing and lending protocols on Sui:
→ Bucket Protocol
→ NAVI Protocol
→ Scallop
→ Suilend Protocol

💱 Decentralized exchanges
DEXes let users trade assets directly with each other in a secure, feature-rich way. Powered by smart contracts, DEXes enable complex swaps in an autonomous manner.

Here is a list of popular DEXes and DEX aggregators on Sui:
→ 7K Smart Trading
→ Aftermath Finance
→ Cetus Protocol
→ FlowX Finance
→ Hop Aggregator
→ Turbos Finance

⚖️ Derivative exchanges
Derivative exchanges let users trade derivatives such as options, futures, and perpetual contracts, providing tools for hedging risks, leveraging positions, and executing advanced trading strategies.

Here is a list of popular derivative exchanges on Sui:
→ Bluefin
→ Kriya DEX
→ Typus Finance
→ Sudo Finance

🧮 Yield aggregators
Yield aggregators help users optimize potential return on assets by automatically moving assets across different yield-generating protocols. They make it easy and efficient to make the most of the opportunities in Sui’s DeFi ecosystem.

Here is a list of popular yield aggregators on Sui:
→ AlphaFi
→ Kai Finance
→ Strater

🖼 NFT marketplaces
NFT marketplaces are platforms where users can buy, sell, and trade NFTs. They offer access to everything from digital art and collectibles to NFTs tied to real-world assets, empowering builders, creators, and collectors to trade unique NFTs on Sui.

Here is a list of popular NFT marketplaces on Sui:
→ Hyperspace
→ TradePort

🥩 Liquid staking
Liquid staking protocols allow users an asset that tracks the value proportionally to SUI staking rewards while remaining liquid and transferable. These platforms and assets are foundational to an efficient DeFi ecosystem.

Here is a list of popular liquid staking protocols on Sui:
→ afSUI from Aftermath Fiance
→ haSUI from Haedal Protocol
→ sSUI from SpringSui
→ vSUI from Volo

Head to Sui article for full information!

Now that you’re up to speed on Sui DeFi, it’s time to dive in and discover what excites you most!

😎 "Actions speak louder than words, and Sui has ranked #1 in Grayscale's Top Deeper Dives!"

*Grayscale is one of the largest and most well-known investment firms in the digital assets and cryptocurrency space.

Obviously Grayscale is seeing Sui as a noteworthy project to keep an eye on, and they are providing detailed analysis to help investors understand its potential.
👉 You can easily see their latest discussions about Sui: Here

Stay tuned for more update, frens!

🎉 BREAKING: $SUI HITS $4

NEW ALL-TIME HIGH!

💧 Sui's 17 Biggest Hits of 2024

2024 has been a game-changing year for Sui, as the blockchain continues to impress with groundbreaking innovations and massive growth. From smashing DeFi milestones to hosting global events, Sui is proving itself as one of the most disruptive forces in the blockchain space.

Here’s a quick rundown of Sui’s top 17 milestones:
✨ $500 Million TVL (February 4, 2024)
Sui’s DeFi protocols hit $500M TVL, placing Sui in the top 10 blockchains in under a year, showcasing rapid growth and DeFi success..

💳 USDY on Sui (February 4, 2024)
Ondo Finance launched USDY, the first US dollar-linked token on Sui, signaling strong institutional confidence in the network.

🎮 Sui Gaming Summit (March 19, 2024)
Sui hosted a gaming summit at GDC, showcasing Web3 games and blockchain’s potential in the gaming industry.

🛠 Move 2024 Beta (March 19, 2024)
The 2024 Move beta added key features like method syntax, positional fields, and loop labels, enhancing development on Sui.

🏕 Sui Basecamp (April 10, 2024)
At Paris Blockchain Week, Sui’s Basecamp conference brought together 1,100+ participants from 65 countries to explore innovative blockchain tech.

🏆 Sui Overflown Hackathon (April 21, 2024)
The Overflow Hackathon was Sui’s largest yet, drawing global talent for a massive blockchain development competition.

💧 Sui Mainnet anniversary (May 3, 2024)
Sui celebrated its first year as a global permissionless network with impressive achievements and milestones.

💎 Walrus emerges (June 18, 2024)
Mysten Labs unveils Walrus, a decentralized data storage network that leverages Sui as its coordination layer. While Walrus revolutionizes data storage, it complements Sui like jelly to peanut butter.

🔔 Mysticeti announced (August 6, 2024)
Sui engineers launched Mysticeti, a new consensus mechanism that reduces latency and boosts performance in shared object transactions.

🎮 SuiPlay0X1 announced (September 2, 2024)
At Korea Blockchain Week, Sui launched SuiPlay0X1, the first Web3 mobile gaming device. Available for preorder, it supports select Sui games, connecting players to in-game assets and exciting gameplay.

🚀 AUSD launch (September 5, 2024)
Agora’s AUSD stablecoin is now on Sui, expanding its availability beyond Ethereum and Avalanche.

🎉 $1 billion TVL (September 29, 2024)
Sui hit $1 billion in TVL, thanks to top DeFi protocols and engaged users. This milestone highlights trust in Sui’s low gas fees and fast transactions, making it ideal for DeFi.

🔗 Sui Bridge launch (September 30, 2024)
Sui introduced a new native bridge, allowing users to swap SUI and ETH across their blockchains. With more assets and blockchains to come, Sui is solidifying its position in Web3.

💲 USDC launch (October 8, 2024)
USDC is now live on Sui, offering a 1:1 US dollar value and unlocking new liquidity opportunities.

📘 DeepBook DEEP launch (October 14, 2024)
The DEEP token launch introduces a new governance model for DeepBook, Sui’s native liquidity layer. DEEP holders can vote on key decisions like staking requirements and trading fees.

🎟 SuiNS decentralization (November 14, 2024)
Sui’s name service, SuiNS, has transitioned from a centralized platform to a decentralized community-run organization. It also launched the NS token for governance and internal liquidity.

💵 FDUSD launches (November 20, 2024)
FDUSD, First Digital Labs' stablecoin, is now native on Sui. As the fourth stablecoin to launch on Sui in 2024, its arrival underscores growing institutional confidence in Sui as a leading DeFi platform.

*Head to the Sui blog for full detailed roundups

The Sui community will come together at events all over the world, networking and making valuable connections. Get ready for an amazing 2025!

⚡️ NEW: Bitcoin’s Power is thriving on the Sui Network

Brought to you by Lorenzo Protocol’s Bitcoin Is On The Move, in partnership with NAVI Protocol and Cetus Protocol.

1️⃣ What's in the chat? — Lorenzo Protocol is bridging Bitcoin with the Sui Network by integrating stBTC. This integration leverages the technology of Babylon Labs, enhancing the liquidity and usability of Bitcoin within the Sui ecosystem.

*stBTC is a tokenized version of Bitcoin, allowing it to be used within DeFi applications on the Sui Network.

2️⃣ Now, DeFi enthusiasts on Sui can unlock Bitcoin liquidity directly on Cetus Protocol and Navi Protocol.
→ View stBTC on Cetus: HERE
→ View stBTC on NAVI: HERE

➡️ News source

To start, native minting of stBTC on Sui is just around the corner—stay tuned for the next big update!

Sui Network hit $7.89B in DEX trading volume for November! 🎉

Big moves for the ecosystem. Onward and up!

💧 Sui Defi is thriving:

200+ OG Buidlers
$1.5B in TVL and climbing
$1.7B+ in 24 hour Trading Volume, on the rise
The killer Sui's native bridge for seamless interoperability
A cutting-edge, fully on-chain ecosystem DeepBook on Sui is leading the charge.

🎉 Big News for Bitcoin on Sui!

Babylon Labs, Lombard Protocol, and Cubist are bringing Programmable Bitcoin to Sui! Starting this December, Bitcoin holders can stake BTC and receive LBTC — a liquid staking token minted natively on Sui.

What’s at stake?
1️⃣LBTC will be a core asset in Sui’s DeFi ecosystem, enabling lending, borrowing, and trading.

2️⃣ Unlock $1.8 trillion of Bitcoin liquidity on Sui, with secure and scalable solutions from Cubist.

3️⃣ Bitcoin’s security + Sui’s programmability = next-gen financial services.

This collaboration opens the door for Bitcoin holders to tap into Sui’s powerful ecosystem without compromising security. Get ready for the future of DeFi on Sui! And stay tuned for more updates.

*For further detail, head to https://blog.sui.io/babylon-labs-lombard-protocol-cubist-bitcoin-lbtc/