According to PANews, Sui has officially announced that its Total Value Locked (TVL) has surpassed the $600 million mark. In addition, the platform's on-chain average daily transaction volume over the past seven days has reached $100 million.
This milestone highlights the growing popularity and adoption of Sui in the decentralized finance (DeFi) space. The increase in TVL indicates that more users are locking their assets on the platform, showcasing trust and confidence in Sui's services.
As the DeFi sector continues to expand, platforms like Sui are expected to play a significant role in shaping the future of finance. The platform's ability to maintain a high daily transaction volume demonstrates its potential to cater to the increasing demand for decentralized financial services.
