Introducing Sui's DeFi Weekly Roundup #1, where we bring you the freshest updates and news from the thriving DeFi projects on Sui Blockchain.
Cetus releases the report from Quarter 2 & July 2023 with many outstanding achievements about the Total users & DAU, Community growth, Trading volume, and so on.
Let’s just take a look back today at what they have accomplished at this Medium link.
Bucket Protocol releases the thread for the unique Liquidity Mining program!
Users can claim 2,883 $SUI in daily rewards, and secure a share of over 20,000 SUI tokens. Stake and Earn by providing liquidity for the SUI/BUCK pool.
Aftermath Finance reveals that their SIP6's implementation will be rolling out to Sui Mainnet at the next epoch change.
KriyaDEX has decided to extend the SUInami LP campaign by another week! This time the campaign with be filled with a massive reward pool of 31000 $SUI for the next 7 days!
FlowX revealed their new logo for the project.
In other news, their $200 USDC Giveaway is still ongoing, make sure you can join before it's over.
NAVI Protocol is thrilled to unveil their "Liquidity Xplorer" – an exclusive liquidity incentive program hosted on SUI, designed to boost earnings on depositing to $USDC and $SUI pool. Join now at: https://app.naviprotocol.io
Another exciting news for NAVI Protocol, as they have officially reached 500K users globally.
Turbos has witnessed a 400% surge in unique wallet addresses, as Sui's unique addresses have quadrupled within a month.
Typus Finance releases a thread to explain Activation Time, Warmup Period vs Lockup Period, Active Balance vs Deactivating Balance for users
Interest Protocol has recently hosted an AMA session with Releap, a fully Decentralized Social Graph on Sui Network & zkSync.
Scallop is now the first lending/borrowing protocol on Sui Network to support wETH and wUSDT.
In other news, there are over 900K participants in OKX Cryptopedia Season 4 Campaign.
ABEx Finance is all set to launch on the Sui mainnet on August 3rd!
$XUI Staking is Now LIVE! ($XUI is the native token of YouSui)
Earn passive rewards with your XUI tokens on the YouSUI platform! Stake your XUI now and gain access to incredible utilities here: https://yousui.io/staking
Find out how ChopSui intends to empower fair and transparent DeFi in this article.
Wisp Swap has hosted an engaging discussion with leading projects such as Bucket Protocol, Scallop, and Pyth Network within the DeFi space. You can hear the space again here: https://twitter.com/i/spaces/1vAGRAvWlbgKl
That's all for this week's DeFi project updates in Sui! Stay tuned for our next update, where we'll bring you more exciting news and developments from the world of decentralized finance. We're committed to keeping you informed about the latest trends, innovations, and opportunities in the DeFi space in Sui Network. See you next time with even more exciting updates with Suipiens!
Be sure to check out Suipiens' website and social media channels to stay up-to-date on all things about Sui Blockchain!