Sui Blockchain’s TVL Surges to $2.6B as DeFi Activity Expands
Sui, a layer 1 blockchain, has hit a new milestone with its total value locked (TVL) reaching $2.6 billion, marking significant growth in its decentralized finance (DeFi) ecosystem. This achievement, reported by DeFiLlama on Thursday, represents a 37% rise over the past month and a remarkable 160% increase compared to the $1 billion TVL recorded a year ago. The ascent in TVL is primarily driven by elevated liquidity across key DeFi platforms on the Sui network, including prominent protocols such as Suilend, Navi, and Momentum. Suilend remains the largest DeFi protocol on Sui, currently holding $745 million in TVL, which












