$SUI is shaping up to be a must-watch early-stage ecosystem. With TVL nearing $1 billion, this is just the beginning of an exciting journey. Here's a breakdown of the Sui ecosystem:
Why Choose SUI?
🔹 Scalability & Speed: With high throughput and instant finalization, Sui is ideal for real-time applications like gaming and DeFi.
🔹 Move Language: Built on the Move language, Sui offers more secure and reliable smart contracts.
🔹 Object-Centric Model: Simplifies asset creation and management, increasing developer productivity.
Sui TVL Growth:
1 year ago (Oct 1, 2023): TVL was $34.3M
Today (Oct 1, 2024): TVL is $994.47M 🚀
Sui is currently ranked 23rd by market cap, and it's only just beginning!
Ethereum (ETH) vs Sui (SUI) Comparison:
Daily Active Users: ETH: 368.4K <> SUI: 1.3M
Daily Transactions: ETH: 1.1M <> SUI: 3.8M
Total Value Locked (TVL): ETH: ~$50B <>
$SUI : ~$1B
Sui Ecosystem Overview:
Top Wallets:
Sui Wallet by Mysten Labs (@SuiNetwork)
Ethos Wallet (@EthosWalletXYZ)
Suiet Wallet (@suiet_wallet)
Top DeFi Projects:
Cetus Protocol (@CetusProtocol): Leading decentralized exchange (DEX)
Scallop (@Scallop_io): Leading money market
Navi Protocol (@navi_protocol): Leading lending and LSDeFi
FlowX Finance (@FlowX_finance): DEX aggregator
Kriya DEX (@KriyaDEX): Perpetual trading DEX
Turbos Finance (@Turbos_finance): Hyper-efficient DeFi marketplace
Haedal Protocol (@HaedalProtocol): Leading LST protocol
Volo Sui (@volo_sui): DAO and DeFi platform
Top Memecoins:
$BLUB (@blubsui): $45M market cap
$FUD (@fudthepug): $23M market cap
$SCA (@Scallop_io): $20M market cap
$TURBOS (@Turbos_finance): $5M market cap
$SCB (@sacabamfun): $3M market cap
Launchpad Projects:
SuiPad (@SuiPadxyz)
Cetus Protocol (@CetusProtocol)
SeaPad (@SeaPad_defi)
BlueMove (@BlueMove_OA)
BeLaunch (@BeLaunch_)
Meadow Launch (@meadowlaunch)
Gaming on Sui:
SuiPlay: The first-ever Web3-native handheld gaming device is set to launch in the first half of 2025.
Pre-order the SuiPlay 0X1 to receive a special NFT that grants access to exclusive in-game items.
Sui is on the rise – are you ready to join the journey? 🚀
#Sui #TVL #Altcoins #DeFi #SuiEcosystem