According to Wu, according to DeFiLlama data, NAVI Protocol, the largest DeFi protocol on the Sui chain, has seen its TVL increase by more than 25% to US$357 million in the past seven days.

From a multi-chain perspective, NAVI Protocol has become one of the top fifteen lending protocols, with its TVL exceeding Solend and Marginfu, and approaching Benqi, the largest lending protocol on Avalanche.