According to Wu, North American data research company OpenBlock released a research report on the performance of Sui's leading Defi protocol NAVI in June 2024.

While Sui TVL declined in June, NAVI’s USD-denominated TVL remained largely unaffected, remaining at 127M at the end of June.

Compared to other lending protocols on Sui, NAVI saw a smaller drop, and the average daily supply and borrowing volumes of several NAVI asset pools increased.