Since its birth nearly 10 months ago, Sui has seen tremendous growth of its DeFi ecosystem:
+ $700M TVL + $200M daily volume + 60% of bridged assets from Ethereum via Wormhole land on Sui
With this post, I propose to show you around the Sui DeFi ecosystem and more, while trying to be exhaustive. We'll go through all existing protocols, the different wallets to interact with them and the current incentives available.
SUI's recent active address explosion is due to this telegram phishing game. If you are interested, copy the telegram address and study it yourself. I have been playing it for a few days. $SUI
SUI ranks first in daily active addresses. The ecological development is getting better and better, more and more people are participating, and it is optimistic in the long run. $SUI
According to official news, Sui mainnet has been upgraded to version V1.25.1, and Sui protocol has been upgraded to version 46. The main contents of this upgrade include: updating the ascii module, adding Sui native bridge package 0xb to the Sui framework, bridge object 0x9 will be created in the next cycle after the protocol upgrade, adding support for easier to understand and more comprehensible Move error codes in Move 2024, and fixing the error that the Move compiler may crash when instantiating objects outside the defined module. $SUI