Grand Cayman, Cayman Islands, February 5th, 2024, Chainwire
After Sui’s TVL surged more than 1500% over the last five months of 2023, its TVL has more than doubled since the start of 2024
Sui, one of the fastest-growing Layer 1 blockchains, continued its impressive DeFi growth, surpassing $500M in Total Value Locked (TVL) and solidifying itself in the top 10 of DeFi ecosystems.
Alongside this torrid ascent of TVL, on-chain activity has exploded as well. Weekly DeFi volume is up 63 percent over the previous period, standing at $745M and placing it in the top 5 most active ecosystems in the past week. Sui’s continued climb demonstrates how its underlying technology is vital in empowering developers to create products that solve real-world challenges and the drive behind top projects expanding into its ecosystem.
Over the past couple of weeks, Sui has announced several partnerships and expansions with industry-leading builders. Most recently, Sui announced that Ondo Finance—the
We współpracy z: https://cryptodaily.co.uk/2024/02/suis-astounding-defi-growth-continues-into-2024-as-tvl-breaks-the-500m-barrier
