According to BlockBeats, on October 22, RWA protocol Ondo Finance announced on social media that NAVI Protocol, a one-stop liquidity protocol within the Sui ecosystem, has become its official lending partner on the Sui network.

Ondo Finance highlighted that since its launch just a year and a half ago, Sui has emerged as the second-largest non-EVM DeFi ecosystem, with a Total Value Locked (TVL) exceeding $1 billion. NAVI Protocol plays a significant role in the growth of the Sui network, holding approximately 40% of the $1 billion TVL.