Do you know why Binance Alpha makes trading on Sui cheaper, with low slippage and no clips?
One, of course, because Sui is awesome
The second reason is that Binance Alpha is connected to Cetus
You may only know that Cetus is the DEX of Sui Ryuichi, but in fact, Cetus is also the largest aggregator in Sui, which accounts for nearly 6% of Sui, which is almost Raydium+Jupiter on Sol
The main pools of $SCA and $NAVX are on Cetus
Fun fact:
Recently, there has been a lot of noise, but in fact TVL is mainly from the Sui-based Perp project with its own DEX and Lending function@bluefinapp and its largest transaction volume comes from Cetus
Another dex @KriyaDEX on Sui, his main pool is actually in Cetus...
The new single volume king is coming, swiping NAVX in the Binance wallet, why swiping it? Sui chains have the lowest gas fees, will not be clamped by clips, and have the lowest wear and tear.
The 1000U trading volume loss is about 0.1U~0.3U, and the Binance wallet does not support direct purchase with the exchange balance, so you need to withdraw 1Sui+USDC from the exchange.
Why does NAVX cost less than other coins?
NAVX-SUI, a $1.3 million dollar pot, and NAVX-USDC The handling fee of the two pools is just in case, just in case for the purpose of letting you brush volume, and the gas fee is also the lowest among all chains.
BinanceAlpha is now too many people in the roll, not necessarily to get much gain, than who costs less. If you don't want to roll, you can also go and provide NAVX liquidity
The highest trading volume of B2, ZKJ, the highest trading volume on the BNB chain, has a daily trading volume of 200 million US dollars, and according to the handling fee, there is a handling fee of 20,000 US dollars, and the annualized income of providing LP is 500%+.
Assuming that the trading volume of the NAVX pool is 100 million US dollars, then the annualized return of LP can probably be more than 250%, and you can buy some coins to form LPs, and at the same time, you are bullish on the future of the Sui ecosystem.
From the standpoint of Binance, in the end, the coins that have maintained the largest trading volume on the chain, and the coins with good project fundamentals, have the opportunity to list Binance contracts and spots, which is an interesting game, and I think it is also NAVI @navi_protocol The reason why it is so volatile is that the spot on the Sui ecosystem is currently Cetus, since the ecological development is good, there must be more than one, who do you think will be next to bet in advance!
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