DeFi Sector in Sui

Since its launch in May 2023, Sui Mainnet has witnessed the launch of several applications, attracting the attention of developers from various ecosystems. Here are some examples of DeFi projects in the Sui ecosystem:

  • NAVI - lending protocol on Sui. Allows users to participate as liquidity providers and borrowers with powerful features such as automatic leverage vaults.

  • Cetus - decentralized exchange and concentrated liquidity protocol built on Sui. Utilizes a flexible liquidity network to facilitate trading for any user.

  • Scallop - Decentralized lending protocol and exchange on a unified platform offering an SDK for professional traders.

  • Turbos - concentrated liquidity, hyper-efficient decentralized exchange that allows users to trade assets at great prices and earn rewards for providing liquidity.

  • Kriya - a vertically integrated suite of DeFi products designed to aggregate liquidity, increase capital efficiency, and offer specific tools for institutions and large traders (“whales”).

  • Aftermath - a complete, fast, cheap and fully transparent platform for trading, liquidity staking and yield.

  • BlueFin - Decentralized derivatives exchange offering high performance, low costs, and a Web2-like user experience.

  • Typus - combines swap, lending, and derivatives protocols to create an options market for long-tail assets.

  • FlowX - platform that offers various DeFi services, such as token swaps, liquidity provision, yield farming, and IDO campaigns.

Final considerations

Designed to meet the needs of 8 billion people, Sui incorporates unique and powerful technologies. Sui serves many industries, aiming to provide optimal technology and user experience for a variety of use cases. The innovations introduced by Sui redefine digital asset ownership and present a more decentralized vision for the internet, characterized by individual ownership.$SUI