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SUI’s Cross-Chain Bridging and $200K Rewards Boost DeFi Momentum

SUI’s Cross-Chain Bridging and $200K Rewards Boost DeFi Momentum

Published:
2025-05-15 08:41:14
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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -

SUI’s integration with Backpack has significantly enhanced its DeFi ecosystem, enabling seamless trading, lending, and cross-chain bridging. The network’s total value locked (TVL) has surged 17% since early May 2025, reflecting robust capital inflows and growth in lending protocols.

Open interest in sui futures has hit $1.86 billion, signaling heightened trader confidence. The Backpack integration empowers users with its unified wallet and exchange for asset swaps, dApp interactions, and cross-chain transactions—amplifying SUI’s utility and adoption.

A $200,000 incentive campaign is further accelerating engagement, solidifying SUI’s position as a rising leader in decentralized finance.

|Square

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