Sui is the most promising early-stage ecosystem at present, and it is undoubtedly the best time to enter. This is just the beginning of a grand journey, so how can we benefit from it? 🧵
1. Why choose Sui?
- Scalability and speed: Sui has high throughput and instant confirmation, which is particularly suitable for real-time dApp applications such as games and DeFi.
- Move language: Written based on Move, Sui ensures more secure smart contracts.
- Object-oriented model: simplifies asset creation and management, greatly improving development efficiency.
2. Ask again: Why choose Sui?
- Sui one year ago (October 1, 2023): TVL was only $34.3 million
- Sui today (October 1, 2024): TVL has reached US$994 million
- Ranked 23rd by market capitalization, a good result, but it’s just a start.
- How about we compare it with ETH?
3. ETH vs SUI comparison:
- Daily active users: ETH 368,400 vs SUI 1.3 million
- Daily trading volume: ETH 1.1 million vs SUI 3.8 million
- Total locked value: ETH about $50 billion vs SUI about $1 billion
4. Sui Ecosystem Overview | Start with the Wallet:
- @SuiNetwork (Sui Wallet by Mysten Labs)
- @EthosWalletXYZ (Forgotten but still awesome)
- @suiet_wallet (One of the most comfortable SUI wallets)
5. DeFi projects on SUI:
- @CetusProtocol | Leading DEX on SUI
- @Scallop_io | Leading Currency Markets
- @navi_protocol | Leading lending and LSDeFi protocol
- @FlowX_finance | DEX aggregator
- @KriyaDEX | Perpetual Contract Exchange
- @Turbos_finance | Efficient DeFi Crypto Market
- @HaedalProtocol | The main LST protocol
- @volo_sui | DAO and DeFi Platforms
6. Top Memecoin on SUI:
- @blubsui / $BLUB / Market cap $45 million
- @fudthepug / $FUD / Market cap $23 million
- @Scallop_io / $SCA / Market cap $20m
- @Turbos_finance / $TURBOS / Market cap $5 million
- @sacabamfun / $SCB / Market cap $3 million
7. Launchpad projects on Sui:
- @SuiPadxyz
- @CetusProtocol
-@SeaPad_defi
- @BlueMove_OA
- @BeLaunch_
- @meadowlaunch8.
8.@SuiPlay: The world’s first native Web3 handheld gaming device
- It is expected to be released in the first half of 2025 and will be available soon. I might buy one.
- Pre-order SuiPlay0X1 and receive a special NFT that unlocks exclusive free items for @PLAYTR0N and other partner games.
in conclusion:
Sui's ecosystem is growing at an astonishing rate, and breaking through $1 billion TVL is just the tip of the iceberg of its potential. With its technological advantages, strong developer community, and expanding application scenarios, Sui has not only demonstrated its strength in the DeFi field, but is also expected to lead innovation in the fields of games and Web3. Now is the best time to participate in this rapidly emerging ecosystem, and there are more opportunities waiting for early participants in the future.
