Sui TVL Moves Above $1.2B As DeFi Liquidity Expands
TL;DR Sui’s total value locked reached about $1.21 billion in the September 22 validation snapshot. NAVI Protocol accounted for more than $420 million of deposits in the supplied data. TVL is a dollar-denominated metric and can rise because of token prices as well as fresh deposits. Sui’s DeFi ecosystem has pushed above the $1.2 billion […]
Key Takeaways
- TL;DR Sui’s total value locked reached about $1.21 billion in the September 22 validation snapshot.
- NAVI Protocol accounted for more than $420 million of deposits in the supplied data.
- TVL is a dollar-denominated metric and can rise because of token prices as well as fresh deposits.
Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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