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Sui TVL Hits Record $2 Billion Amid DeFi and Developer Growth
Sui TVL Hits Record $2 Billion Amid DeFi and Developer Growth
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Sui’s total value locked (TVL) surged to an all-time high of $2.1 billion, fueled by expanding developer activity and institutional interest in its DeFi ecosystem. The blockchain’s lending protocols alone saw a 78.86% monthly TVL increase, with NAVI Protocol leading the charge as Sui’s flagship borrowing platform.
DefiLlama data shows a 17% rebound from May lows, though TVL slightly retraced to $2.088 billion at press time. The growth reflects broader momentum in Web3 integrations, with yield incentives attracting both retail and institutional capital to Sui’s infrastructure.
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