Sui

$SUI

Sui Becomes One of the Top Platform for Defi Growth

Sui's recent surge as a DeFi platform is remarkable, with Total Value Locked (TVL) rising by an impressive 341%, from $13.08 million to $57.69 million between July and October 2024. Additionally, DeFi activity volume grew by 229%, with the seven-day average increasing from $1.77 million to $5.84 million. This explosive growth showcases Sui's efficiency, thanks to its parallel processing and low gas fees, which make transactions both fast and affordable. Personally, I think Sui's ability to attract over 20 DeFi protocols in just six months is a strong sign of its potential to dominate the space. Show Less

https://blog.sui.io/tvl-volume-growth/
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2024 Cyrator - Verified Crypto Intel

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