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#发布新年寄语赢周边好礼
According to @DefiLlama, $SUI is in the top 10 of all chains with over $402 million in total value locked (TVL)!
And it is the only non-EVM public chain in the top 10
The TVL increase of this wave of SUI mainly comes from the defi project NAVI in its ecosystem:
As the first native liquidity infrastructure in the Sui ecosystem, many people regard NAVI as AAVE 2.0 in the Sui ecosystem, and the project provides users with an entrance to participate in the Sui ecosystem as a liquidity provider or borrower through mechanisms such as overcollateralization, dynamic Intrerest Rate, and health coefficient
And some important Decentralized Finance protocols and projects have chosen to build or migrate on Sui, which shows the market's confidence in Sui. For example, the expansion or transfer of important protocols such as Solend and Bluefin demonstrates the recognition of Sui's technology and ecosystem
The strength of the sui ecosystem In this round of Bull Market, the Market Cap may have a chance to enter the top 20!