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.

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.

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.

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!

KriyaDEX official links: Website | Twitter | Discord

FlowX Finance

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.

FlowX official links: Website | Twitter | Discord

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.

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 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

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.

Interest Protocol official links: Website | Twitter | Discord

Scallop

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.

Scallop official links: Website | Twitter | Discord

ABEx Finance

ABEx Finance is all set to launch on the Sui mainnet on August 3rd!

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

YouSUI official links: Website | Twitter | Discord

ChopSui

Find out how ChopSui intends to empower fair and transparent DeFi in this article.

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

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.

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!

About Suipiens: Website | Twitter | Discord