According to BlockBeats, on August 13, the total value locked (TVL) in NAVI, a leading DeFi protocol within the Sui ecosystem, surpassed $290 million, marking a historic high. Over the past seven days, the protocol saw an influx of $170 million in USDC, bringing the total amount of USDC in the protocol to 150 million units. The stablecoin lending rate currently stands at 0.5%, while the USDC deposit rate is 25%.
In addition, NAVI's native token, NAVX, experienced a significant increase of 27% in the past 24 hours, with its price now at $0.06369.
