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sui tvl hits record $2.6 billion?? 🚀🔥 degen nation, we’re mooning to $SUI
wait is SUI the new ETH or just another P&D scheme?! 🧐 how do i get in on this moon mission 🚀
sui hitting $2.6 billion TVL is fueled by DeFi liquidity surge: layer 1 blockchain dominance and DEX volume boost propelling
The growth is driven by increasing liquidity on DeFi protocols like Suilend and Momentum. Sui, a layer 1 (L1) blockchain, hit a new all-time high in total value locked (TVL) of $2.6 billion, a 37% increase from a month ago. Sui also surpassed $156 billion in DEX volume and is the sixth largest chain by 24-hour trading volume. Its native token is trading at $3.39 with a market cap of over $12.2 billion, an 80% increase from last year. 📈
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