Wow, crazy! The Sui Network (SUI) is on the rise in the crypto world! In just one day, its net inflow reached 6.8 million dollars, beating other chains. The total inflow is 10.3 million, while the outflow is only 3.5 million. Imagine, the total value locked (TVL) in Sui is already more than 1.2 billion dollars, driven by the lending protocol and stablecoin inflow from Ethereum (up to 742 million dollars!).

There is also a new stablecoin, called Agora USD (AUSD), which is booming. This AUSD can be used to pay gas fees in Sui, instead of using SUI tokens. Imagine, in the last four weeks, the supply of AUSD increased by 346%! It has now entered several DeFi protocols such as Navi, Cetus, Hop, and Suilend. Although still new and only used a few addresses, AUSD has processed more than 20 million dollars in its active days.

In short, Sui is again the center of new activity in the crypto market, and AUSD is the main key. The potential is huge, but be careful, crypto investment is risky!

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