#SUI's recent performance is obvious to all. First, Grayscale launched #SUI's trust fund, and then launched the native USDC based on #SUI.
We have previously introduced #NAVI, the leading DEFI project in the#SUIecosystem. As the largest lending platform in the#SUIecosystem, @navi_protocol supported#SUInative USDC on the first day, released a migration tool from wUSDC to USDC (Native USDC), and opened the USDC Vault.
According to current data, 17.56 million USDC have participated in it. In order to incentivize user participation, the current APY is as high as 14.16%. As a stable currency return rate, it is already very impressive. After all, the U.S. Treasury yield of a number of RWA products is only around 5.5%.
With the launch of native USDC, more CEX exchanges will support SUI chain's USDC deposits and withdrawals in the future, which will provide extensive liquidity. As the first choice for leveraging and improving capital efficiency in the bull market, the project @navi_protocol will provide more DEFI empowerment and gameplay, bringing higher liquidity benefits.
Due to the recent support of native USDC, the most obvious change is TVL. The TVL of#SUIpublic chain has soared to 1.55 billion US dollars, and #NAVI, the leader of DEFI, has soared to 440 million US dollars, which is a rapid growth. As a sample of the grand blueprint of Facebook's global financial vision Libra,#SUInot only inherits Facebook's excellent team, but also inherits Libra's advanced concepts and excellent performance. The native and compliant USDC is only an important step in the great process of #SUI. Leading 1 billion people to join#Web3is the ultimate goal of #SUI.
As a core project to promote the development of#SUIfinancial industry,#NAVIis currently the third largest USDC lending provider in #Web3, with a transaction volume of 20 billion US dollars in the past year, and has been unanimously recognized and tested by users and the market. With#SUIas the blueprint sample carried by Libra,#NAVIis expected to surpass#AAVEand#Compoundin the future, and what you are seeing now may be the earliest#Lend(predecessor of AAVE).
By the way, the#NAVItoken $NAVX was recently launched on @Bybit_Official Launchpool, and the current yield is as high as 144%. There are still 3 days left, don't miss it! 🧐
