Sui Ecosystem Accelerates: Key Growth & Tech Milestones • BTCfi on Sui: 596 BTC bridged supported by partnerships with @babylonlabs_io & @Lombard_Finance for native BTC staking and yield. • @suilendprotocol: Lending protocol which reported $15M in annualized revenue (Feb 2024) and directs 70% of these earnings to its treasury. • @SteammFi: Superfluid AMM that boosts capital efficiency by funneling idle liquidity into lending markets. • @AftermathFi: Introduced MetaStables for oracle-based stablecoin minting & slippage-less trades, along with a perp dex in testnet. • @WalrusProtocol: Recently launched its decentralized storage solution after a $140M fundraise. • @CetusProtocol: DEX and concentrated liquidity protocol. • @KriyaDEX: Developing a suite of DeFi tools (AMMs, Perps, Yield Vaults). • @bluefinapp: Perps with a decentralized order book and concentrated AMM. • @navi_protocol: Lending market that issues its own Liquid Staking Token. • Major financial players like Grayscale, Franklin Templeton, and VanEck are launching products or initiatives on Sui. • Mysticeti v2 slashes consensus latency to ~390ms (from ~1900ms), boosting network speed.
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