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Sui Network Launches eSui Dollar Amid DeFi Expansion

Sui Network Launches eSui Dollar Amid DeFi Expansion

Author:

Global Cryptocurrency

Published:

2026-02-12 12:35:02

17

2

BTCCSquare news:

Sui Network has introduced the eSui Dollar (suiUSDe), a synthetic U.S. dollar developed in partnership with Ethena Labs, marking a significant milestone in its decentralized finance (DeFi) ecosystem. The asset is now live on Sui Mainnet and integrated into DeepBook Margin, the network's on-chain trading infrastructure.

The launch enables advanced trading strategies, including Leveraged positions and capital-efficient liquidity provisioning. DeepBook Margin evolves from a liquidity layer into a programmable financial platform, offering tools for margin trading and dynamic fee structures.

Key protocols such as Abyss, Cetus, and Bluefin have already adopted eSui Dollar, with institutional backing led by sui Group Holdings. This development strengthens Sui's position as a high-performance Layer-1 blockchain for programmable finance.

By:

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