challenging myself to step outside my usual chains + dig deeper into chains actually showing steady traction and growth
@SuiNetwork's sitting on $2B+ tvl in defi and ~ 800M in stables… the trend is your friend, and here the trend is capital inflows and metrics showing steady growth and adoption
one dapp i’m exploring @MMTFinance (momentum)
basically the sui super app for defi + tokenized assets
few impressive points/stats that momentum boasts:
> vaults (morpho-style)
this one is very interesting to me. katana styled morpho vaults that are plug and play. deposit assets, let vaults manage (and auto rebalance) for you
simplifying defi is something that i think if tackled properly can allow for a huge influx of tvl
> ~ 1.4M wallets in 4 months
> $7.5B swaps / $150M tvl
> #1 dex on sui
not just a dex, but quickly becoming the financial backbone of sui
look forward to sharing more about the morpho styled vaults, and the auto rebalancing/yield searching that they some of the vaults are automated to do
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