Bluefin has already become one of the top 3 cryptocurrencies by market value in the Sui ecosystem. The first two are Sui's own DEEP and Cetus, which has been listed on Binance, but I now feel that surpassing Cetus is a very certain thing. Especially with the crazy price surges in recent days, the market does not dislike VC coins but rather despises project teams without vision. Blue has undoubtedly proven their strength and potential to the market through these price surges.

Bluefin is the largest DEX by trading volume on Sui. The total trading volume of the Sui ecosystem, including perps and spot, is about $70B, with Bluefin accounting for $40B. In recent years, the transaction fees have exceeded $9.9M, so is all the fee income being used to drive up prices, which is why it’s so aggressive?

Additionally, the AMM Spot that just launched a few weeks ago has already reached a TVL of over $30M. The LP mining rewards on it should be the highest in the Sui ecosystem. The barriers for DEX are not that high; Bluefin's high annualized returns are undoubtedly attacking Cetus to seize market share.

The combination of order books and AMM gives Bluefin the best liquidity in the market, the highest trading volume, and the most rewards. The growth flywheel has already started, and Bluefin's growth rate on Defilama is the fastest, with protocol revenue second only to Cetus.