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A comprehensive look at Sui’s ecological development and layout
Author:TinTinLand
In less than a year, Sui, a Layer1 blockchain founded by the Mysten Labs team, has risen rapidly and successfully jumped into the top ten of decentralized finance (DeFi). According to DeFi Llama, Sui's total locked value (TVL) has increased by more than 1,000% in just four months, surpassing many mature projects. Currently, the Sui ecosystem already includes 22 DeFi protocols, two of which have a TVL of more than $100 million, and the TVL of the other four protocols has exceeded $40 million.
Greg Siourounis, managing director of the Sui Foundation, expressed his recognition of this achievement: "This growth momentum not only verifies the advanced nature of Sui technology, but also reflects the dedication of the Sui community. The key is that we have observed that the products built by developers on the Sui platform are being used by people to solve real-world problems, which will lay a solid foundation for us to build a sustainable decentralized network."
In less than a year, Sui, a Layer1 blockchain founded by the Mysten Labs team, has risen rapidly and successfully jumped into the top ten of decentralized finance (DeFi). According to DeFi Llama, Sui's total locked value (TVL) has increased by more than 1,000% in just four months, surpassing many mature projects. Currently, the Sui ecosystem already includes 22 DeFi protocols, two of which have a TVL of more than $100 million, and the TVL of the other four protocols has exceeded $40 million.
Greg Siourounis, managing director of the Sui Foundation, expressed his recognition of this achievement: "This growth momentum not only verifies the advanced nature of Sui technology, but also reflects the dedication of the Sui community. The key is that we have observed that the products built by developers on the Sui platform are being used by people to solve real-world problems, which will lay a solid foundation for us to build a sustainable decentralized network."
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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