DeFi protocol NAVI TVL surpassed $290 million, reaching a new historical high.
On August 13, the leading DeFi protocol in the Sui ecosystem, NAVI, reached a total value locked (TVL) of $290 million, a new all-time high. Over the past 7 days, $170 million worth of USDC has flowed into the protocol, and the current total USDC in the protocol is 150 million. The USDC lending rate is 0.5%, and the USDC deposit rate is 25%.
The native token of NAVI, NAVX, has increased by 27% in the past 24 hours, currently trading at $BTC
