SUI Has 4× the Stablecoins. Why Does NEAR Have the Bigger Market Cap?
The November 10 snapshot shows two different strengths: Sui has more liquidity on its own chain, while NEAR also routes trades across other networks.
$SUI
$421M DeFi TVL, $520M stablecoins, $156M spot DEX volume (7d). In 24h: 146K active addresses, 68.8M transactions, $2.3K network fees. Market cap: $3.38B.
DeepBook gives Sui apps a shared onchain order book. The question for $SUI holders: how much of that liquidity turns into repeat trading and sustained fee demand?
$NEAR
$167M DeFi TVL, $130M stablecoins, $48.3M spot DEX volume (7d). In 24h: 77.8K active addresses, 895K transactions, $3.3K network fees. Market cap: $4.68B.
Local DEX numbers miss a big part of the story. Nansen reports NEAR Intents routed ~$10.4B in Q3 — separate from NEAR's own DEX volume. For $NEAR , watch how much revenue remains after paying solvers and partners, because that's what can fund buybacks.
Active addresses measure wallet activity; one person or bot can use several.
Which would you buy: Sui's local liquidity or NEAR's reach across chains?
SUI NEAR #Crypto #DeFi #Stablecoins #CryptoNews #OnChain
The November 10 snapshot shows two different strengths: Sui has more liquidity on its own chain, while NEAR also routes trades across other networks.
$SUI
$421M DeFi TVL, $520M stablecoins, $156M spot DEX volume (7d). In 24h: 146K active addresses, 68.8M transactions, $2.3K network fees. Market cap: $3.38B.
DeepBook gives Sui apps a shared onchain order book. The question for $SUI holders: how much of that liquidity turns into repeat trading and sustained fee demand?
$NEAR
$167M DeFi TVL, $130M stablecoins, $48.3M spot DEX volume (7d). In 24h: 77.8K active addresses, 895K transactions, $3.3K network fees. Market cap: $4.68B.
Local DEX numbers miss a big part of the story. Nansen reports NEAR Intents routed ~$10.4B in Q3 — separate from NEAR's own DEX volume. For $NEAR , watch how much revenue remains after paying solvers and partners, because that's what can fund buybacks.
Active addresses measure wallet activity; one person or bot can use several.
Which would you buy: Sui's local liquidity or NEAR's reach across chains?
SUI NEAR #Crypto #DeFi #Stablecoins #CryptoNews #OnChain
