Exploring Sui - Edition 2 - Ecosystem/Apps Overview gm gm friends - it occurred to me shortly after putting together last week's post that diving straight into a deep-dive on a single app might be frontrunning a little bit. It might make a lot more sense to give broader exposure to apps available on Sui before going deeper on a few of them... So that's what we're doing today. I'm gonna give short overviews/descriptions of 4-5 apps I've looked at some super brief thoughts on each. Will tag the X accounts for them in the top comment for those who are looking to find more :) So let's get started! 1. Walrus If you've spent any time around Sui, you probably heard of them because of the large airdrop they provided a month or so ago. Mysten Labs developed Walrus as a way to make decentralized data storage cheaper and more accessible, particularly on top of Sui. Think IPFS/Arweave/etc, but cheaper and faster given Sui architecture and the coding scheme that Mysten developed (advancements in erasure coding for the nerds in my audience that have at least a working knowledge of cryptography and error coding theory). Notably, Pudgy Penguins just last week uploaded all of their stickers and gifs to be stored via the Walrus protocol. And for those not paying attention, Claynosaurz had already previously announced a partnership with Walrus in March. Big IPs using decentralized storage. 2. Bluefin Sui's very own perp and spot DEX combo. Not a ton to explain here, as I feel like most at this point are familiar with perp/spot DEXs, got functionality for at the market or limit order spot swaps as well as the CLOB-style perp DEX that everyone is familiar with thanks to hyperliquid. Pretty decent number of pairings available, but liquidity is low on a number of coins outside of BTC/ETH/SUI. Probably not the place to play with massive size, but not a bad place to mess around if you've got funds onchain. 3. Scallop Billed as a "Next Gen Money Market" - which honestly I think is pretty accurate. It's a borrow/lend platform for assets you hold on Sui. Looking at rates, calling it a money market is a pretty accurate representation imo - just about even with short term treasury rates on USDC, 3% on SUI and then variable rates on a host of others. There are also some incentives from their platform native token SCA (along with some looping and ve-DEX voting stuff), so if you've got idle assets on Sui this might be a good spot to look at getting passive yield. 4. AlphaFi This one is probably the 'riskiest' out of the survey I'm doing today, but also maybe the most interesting from defi-degeneracy perspective. AlphaFi claims to be a yield optimizer. In simple terms, it means you deposit your assets (USDC/USDT/SUI/etc) into various yield pools, and the protocol regularly rebalances and selects the highest yield protocols and incentives across the Sui ecosystem on your behalf. They have some pretty wild advertised yield rates, which should always give people some pause, but I think it's worth looking at regardless if you've got assets on Sui and are reasonably well seasoned at playing DeFi/yield farming games. As always with these sort of protocols there will be smart contract risk as well as asset-downside risk. It *seems* like the USDT-USDC pool should have the least asset-downside risk given that they're both supposed to be stables...and totally backed. Comparable rates to other incentivized stable-stable pools on other chains/protocols that I've seen as well, so it isn't outrageous. As always play around onchain responsibly. That does it for today - all four of these apps can be found from the Slush wallet (recent rebrand of the Sui native wallet developed by Mysten), and I'll drop their X handles below. Hope you found something useful or interesting here, and we'll be back next week with some more - thanks as always to Sui for partnering with me in an effort to get more eyes on what is being built in the ecosystem. Much luv - ico