Suilend, a community-owned decentralized lending and borrowing protocol on the Sui blockchain, has experienced explosive growth. This accomplishment has solidified it as the largest decentralized finance (DeFi) player of all time. Since its launch in March 2024, marking the Solend team's first expansion outside of Solana, Suilend's Total Value Locked...
Let's cut to the chase. A billion dollars. Remove all the capitalization and Suilend’s TVL isometric score is still yelling from the Sui blockchain rooftops. Is this really a shining example of DeFi innovation? Or is it just a beautifully planned hype machine fueled by the ‘next big thing’ story?...
Okay, let's cut the pleasantries. Sui’s hitting $2 billion in TVL a couple days after launch is an incredible milestone, no denying that. We’re not just talking about a project that launched years ago — but one that only recently launched — now flexing on established players like Cardano. My...
>Sui Network’s rapid expansion has been fueled by targeted development efforts and positive market momentum. Its ecosystem shutdown has available, to quicken and expansive institutional development interest-eyed toward developer-laden, thick as oil. Sui’s approach is all about innovation and community building. This approach has enabled them to secure their place...
Let’s face it, the crypto world loves to splash around vague metrics like “Total Value Locked” (TVL) as if they’re ticker symbols at a Wall Street casino. We watch the user counts soar – Sui reaching $2.1 billion in locked value, outpacing their competitors – and we are meant to...
Beyond the technology and ecosystem inclusion, Sui’s $2 billion TVL milestone is impressive by any metric. It screams success. Let's be honest, in the crypto space, what seems like success today can easily become tomorrow's cautionary tale. Are we seeing true and lasting prosperity to stay? Or are we simply...
Two billion dollars. That’s the headline figure floating around Sui’s DeFi ecosystem. It’s a gaudy catch up number, intended to dazzle, to show they’ve arrived. In the world of crypto, where hype often outpaces substance, it’s crucial to ask: is this genuine innovation driving adoption, or just clever marketing and...
Sui has quickly established itself as a powerhouse within the decentralized finance (DeFi) ecosystem, demonstrating incredible success and creativity. Since its launch, the Sui DeFi sector has exploded. Its Total Value Locked (TVL)—the aggregate value of assets contributed to its lending pools—skyrocketed from about $25 million to over $2 billion...
DeFi, short for Decentralized Finance, is still one of the hottest trends in crypto enabling new financial alternatives to everything from saving to insurance. Of all the sectors in DeFi, Decentralized Exchanges (DEXs) and Lending protocols are the most important sectors of DeFi. Right now, DeFi lending protocols maintain a...
Centrifuge has been creating quite a splash in the decentralized finance (DeFi) world. The decentralized exchange’s total value locked (TVL) has skyrocketed to an all-time high of $437 million. This growth has had a major impact on the growth of the real-world asset (RWA) sector in DeFi.Centrifuge's TVL experienced a...