After the news that DeFi began to loosen, the attention of DeFi series coins has increased significantly, the first of which is definitely the Ethereum series, and DeFi of other chains is also ready to move
The difference in data between the three chains is quite large, Solana's Kamino has grown to more than 2B, which actually scares me, and Fluid, which I also like in the EVM ecosystem, is catching up 💥
As for the Sui ecosystem, it has not exceeded 1B TVL, on the one hand, it has encountered previous hacking incidents, $SUI the decline in the price of the currency has also been affected, and for me, the maturity of lending in an ecosystem can also reflect the current growth stage
I feel that the Sui ecosystem has also begun to roll recently, such as Navi has also developed from the original lending business to "liquid staking" (Volo LST), aggregation transactions (@astros_ag aggregator) and other product lines, and the revenue of the lending protocol has now exceeded 5 million US dollars
To put it simply, with better liquidity capture capabilities, it is natural to be able to cushion business revenue data, and the growth space will be higher, and the data growth of these DeFi will be a very important indicator when $SUI recovers in the future
What is the $NAVX listed on Binance Alpha? @navi_protocol
$NAVX is the native token of @navi_protocol, and the current @navi_protocol TVL has exceeded 500 million US dollars, accumulated more than 900,000 users, and the lending protocol revenue has exceeded 5 million US dollars, making it the second largest protocol 💥 in the @SuiNetwork ecosystem
In @CetusProtocol incident, @navi_protocol reacted quickly by lowering the supply cap and suspending lending to protect liquidity, followed by the restoration of more than 30% of TVL, demonstrating a resurgence in user trust
What other updates have been made to the team in the near future, and what is @astros_ag? 👀 Let's take a look
Thanks to @Seasui23 addition, you should be careful about the commission part when aggregating the transaction function of Navi, and you need to pay special attention to it before trading
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