News, Technology

Sui Becomes a Top 10 DeFi Blockchain in Less Than a Year

The total value locked (TVL) has jumped by more than 1,000% in four months, catapulting the blockchain above more established incumbents such as Bitcoin and Cardano, as well as Coinbase’s layer-2, Base. The dollar value of cryptocurrencies deposited in its decentralized finance (DeFi) protocols topped $430 million, making it the 10th-largest blockchain by TVL, Sui said. As of writing, it had slipped to No. 11, behind PulseChina, DeFi Llama data show.

SOURCE

Leave a Comment

fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle fle