Several Sui-based protocols have defied the recent downturn in the crypto market, achieving record levels of total value locked (TVL). Notably, Kriya, Bluefin, AlphaFi, Bucket Protocol, and Sparkling Finance have shown significant growth.

Kriya's TVL surged from $24 million to an all-time high of $84 million, driven by its comprehensive DeFi offerings, including an AMM DEX and a derivative trading platform. Bluefin's TVL increased to $80.7 million following the launch of its spot trading application and BLUE token.

AlphaFi's yield farming protocol saw its TVL rise to over $75 million, offering high APY returns. Meanwhile, Bucket Protocol and Sparkling Finance have also reported substantial TVL growth, reflecting resilience in Sui's DeFi ecosystem.