Sui's DeFi Weekly Roundup #1 (August 4, 2023)
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
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.
It's about to enter August. Time to take a look back at what #Cetus accomplished in the past few months👇. The user-oriented product development and iteration will never stop. Keep BUIDLing & stay eager! 🚀🚀🚀https://t.co/hynkUwBFGd
— Cetus🐳 (@CetusProtocol) July 31, 2023
Cetus official links: Website | Twitter | Discord
Bucket Protocol
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.
[Full guideline] Join the unique Liquidity Mining program!
— Bucket Protocol (@bucket_protocol) August 2, 2023
Claim Daily 2,883 SUI Rewards, and secure your share of over 20,000 SUI tokens.
Stake and Earn by providing liquidity for the SUI/BUCK pool. 🤝 Partnered with @AftermathFi
Start now: 🧵 ⬇️ (0/15) pic.twitter.com/6IiNAtu6Y4
Bucket Protocol official links: Website | Twitter | Discord
Aftermath Finance
Aftermath Finance reveals that their SIP6's implementation will be rolling out to Sui Mainnet at the next epoch change.
Our SIP6's implementation will be rolling out to Mainnet at the next epoch change. 🚀
— Aftermath Finance (@AftermathFi) August 2, 2023
This article gives a good overview of the ecosystem-wide benefit this SIP provided 👇 https://t.co/bnjbQLzrBp
Aftermath Finance official links: Website | Twitter | Discord
KriyaDEX
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!
Seeing the immense progress we've achieved over the last few weeks (~10x in TVL) 🚀
— KriyaDEX.sui (@KriyaDEX) August 2, 2023
We at @KriyaDEX have decided to extend the SUInami LP campaign by another week! 🌊
With a massive reward pool of 31000 $SUI for the next 7 days! Read on to know more pic.twitter.com/yEP2wDYab9
KriyaDEX official links: Website | Twitter | Discord
FlowX Finance
FlowX revealed their new logo for the project.
🌈Recent updates show FlowX Finance's progress since its inception in Nov. 2022.
— FlowX Finance (@FlowX_finance) July 31, 2023
And now...
🥳 We are excited to reveal our refreshed logo.
💎While this is a significant change, our core beliefs in #SuiNetwork and @FlowX_finance haven’t changed. pic.twitter.com/LCDpzbqM5p
In other news, their $200 USDC Giveaway is still ongoing, make sure you can join before it's over.
🪂$200 USDC Giveaway for @FlowX_finance users!
— FlowX Finance (@FlowX_finance) July 31, 2023
Here's how to participate:
Step 1: Access @Releap_IO and Mint Retroactive FlowX NFT https://t.co/3idWWnq0Td
Step 2: Stake Retroactive NFT in @suipiens Sui-Drophttps://t.co/auQMRq0SKG
Final step: Wait for the raffle result and… pic.twitter.com/6TxXeL9cwf
FlowX official links: Website | Twitter | Discord
NAVI Protocol
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
We're thrilled to unveil "Liquidity Xplorer" 💧
— NAVI Protocol | navi.sui (@navi_protocol) August 2, 2023
– An exclusive liquidity incentive program hosted on SUI, designed to boost earnings on depositing to $USDC and $SUI pool
Join now: https://t.co/vNDaVD8kIghttps://t.co/SiMqv8dR4o
Another exciting news for NAVI Protocol, as they have officially reached 500K users globally.
🚀 Exciting News!
— NAVI Protocol | navi.sui (@navi_protocol) August 1, 2023
Since the official mainnet launch, NAVI Protocol has reached 500K users globally 💪
💚Thank you all Navigators! We are committed to building a secure and reliable #DeFi leverage on #Move pic.twitter.com/3BZbughTmr
NAVI Protocol official links: Website | Twitter | Discord
Turbos Finance
Turbos has witnessed a 400% surge in unique wallet addresses, as Sui's unique addresses have quadrupled within a month.
Turbos has witnessed a 400% surge in unique wallet addresses, a testament to our growing presence in @SuiNetwork! 🔥
— Turbos Finance (@Turbos_finance) August 2, 2023
Sui's unique addresses have quadrupled within a month on Turbos🥳
Join us as we ride the #Suinami wave & continue building a robust DeFi ecosystem for Sui 💧 pic.twitter.com/Envo3zNu8O
Turbos Finance official links: Website | Twitter | Discord
Typus Finance
Typus Finance releases a thread to explain Activation Time, Warmup Period vs Lockup Period, Active Balance vs Deactivating Balance for users
Confused about Activation Time?
— Typus Finance (@TypusFinance) August 1, 2023
Warmup Period vs Lockup Period?
Active Balance vs Deactivating Balance?
This is written for you. pic.twitter.com/S2KDvJjLMx
Typus Finance official links: Website | Twitter | Discord
Interest Protocol
Interest Protocol has recently hosted an AMA session with Releap, a fully Decentralized Social Graph on Sui Network & zkSync.
🎙️ Get ready for an exciting AMA session!
— Interest Protocol - SUI💧 (@interest_dinero) August 1, 2023
Join us as we host the team from @Releap_IO, a fully Decentralized Social Graph on @SuiNetwork & @zkSync.🔥
Tune in on 3rd August at 3 PM UTC to gain insights into their vision and our partnership.🫡
🔗 https://t.co/y1uKmtUTwg
See you… pic.twitter.com/27vvhUfk9Q
Interest Protocol official links: Website | Twitter | Discord
Scallop
Scallop is now the first lending/borrowing protocol on Sui Network to support wETH and wUSDT.
Ask and you shall receive🫡@Scallop_io is now the FIRST lending/borrowing protocol on @SuiNetwork to support wETH and wUSDT🔥
— Scallop.sui (@Scallop_io) August 2, 2023
What shall we build next?👀 pic.twitter.com/FH6hY7VeOq
In other news, there are over 900K participants in OKX Cryptopedia Season 4 Campaign.
Over 900K participants on OKX Cryptopedia Season 4 Campaign🤯
— Scallop.sui (@Scallop_io) August 3, 2023
Don't miss out on Scallop's juicy lending pool APY💦
We ain't slowing down so come ride the #Suinami with @Scallop_io today!🌊 pic.twitter.com/t17GGtGG9E
Scallop official links: Website | Twitter | Discord
ABEx Finance
ABEx Finance is all set to launch on the Sui mainnet on August 3rd!
🚀 Exciting News! 🎉 #ABEx is all set to launch on the mainnet @SuiNetwork on August 3rd! 🚀 Thank you for your patience and support; we couldn't have done it without you! 🙌 Get ready to join us as we embark on a thrilling journey towards new milestones in the world of #DeFi!… pic.twitter.com/DIPGpz7LuT
— ABEx Finance (@ABExFinance) July 31, 2023
ABEx Finance official links: Website | Twitter | Discord
YouSUI
$XUI Staking is Now LIVE! ($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
🌈 #XUI Staking is Now LIVE! 🌈
— YouSUI (@YouSUI_Global) July 25, 2023
Earn passive rewards with your XUI tokens on #YouSUI platform! Stake your XUI now and gain access to incredible utilities. #Staking is the way to go: https://t.co/0BIWI1jPGM
🔹Unlock different Tiers and get guaranteed access
to upcoming… pic.twitter.com/YkpnZtLgMY
YouSUI official links: Website | Twitter | Discord
ChopSui
Find out how ChopSui intends to empower fair and transparent DeFi in this article.
GM #CHOPPERS!
— ChopSui💧 (@OfficialChopSui) August 4, 2023
Read how ChopSui intends to empower fair and transparent DeFi in the article below: 👇👇👇https://t.co/lod6qHVL6F
ChopSui official links: Website | Twitter | Discord
Wisp Swap
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
Set your reminder for our talk show 🔥
— Wisp Swap | IDO’s Coming (@WispSwap) August 1, 2023
We're thrilled to bring you engaging discussions with leading projects within #DeFi space 🚀
Special guest:@bucket_protocol @Scallop_io @PythNetwork
👉 https://t.co/FXQJzzVvcO
⏲️ 2nd August, 2PM UTC#AMA pic.twitter.com/i7uPe3mows
WispSwap official links: Website | Twitter | Discord
SeaPad
SeaPad's IDO Sale is complete and they're happy to share that we are SOLD OUT on four amazing launchpads: @Poolz__, @Enjinstarter, @bscstation, and @Spores_Network.
Dear Launchpad communities, 🥰
— SeaPad (@SeaPad_defi) August 4, 2023
🥳We would like to express our heartfelt gratitude for supporting SeaPad throughout this IDO launch on four amazing launchpads: @Poolz__, @Enjinstarter, @bscstation, and @Spores_Network. Your unwavering support and trust have helped us take each… pic.twitter.com/UEIhZNQjPU
SeaPad official links: Website | Twitter | Discord
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!