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In the Past Three Months, Sui Network’s TVL Increased by 341%

DeFi activity on the Sui network has seen amazing growth in the past three months, with a 341% increase in total locked value (TVL) and a 229% increase in trading volume. From July 17th to October 17th of this year, TVL increased from $13.08 million to $57.69 million, a 341% increase. The growth in DeFi activity was even stronger, with daily activity in DeFi reaching $1.77 million and $5.84 million on July 16th and October 16th respectively. These numbers indicate a 229% increase in trading volume.

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