Welcome to Sui's DeFi Weekly Roundup #2, where we bring you the freshest updates and news from the thriving DeFi projects on Sui Blockchain.
FlowX released their upcoming plan in August, with the notable information that there will be a new event coming soon as well as their Farming as a Service (Faas) will launch in August for all projects to create a liquidity mining program.
Kana Labs has announced a giveaway for 1500 $SUI total to 100 winners to mark the integration of @suiswap_app on their cross-chain swap aggregator.
ChopSui released an article explaining the value proposition of their native token $CHOP. Read the article here.
KriyaDEX just became the top-performing DEXs on Sui with over 1.5M transactions!
In other news, KriyaDEX is happy to partner with the talented team at @CelerNetwork - one of the best cross-chain bridging solutions in the ecosystem.
They'll be listing 2 pools of Celer assets and both of them will be a part of their ongoing Suinami LP Campaign's Week 4.
WispSwap has announced their partnership with @navi_protocol. To celebrate the partnership, they will co-host a giveaway event! Gain early access to our innovative features through exclusive whitelists here.
SeaPad announced that their staking pool is on the brink of going live, presenting a fantastic opportunity for you to earn rewards. Users can follow their pool here: https://app.seapad.fund/stake-pools
You can stake your tokens to earn up to 100,000 $SPT rewards.
Interest Protocol will host another Twitter Space at 4 PM UTC on Aug 11, 2023, with their latest partner @CelerNetwork. Celer Network is an inter-blockchain and cross-layer communication platform.
ABEx Finance, the first on-chain perpetual protocol on @SuiNetwork, is now officially live on the mainnet!
New Scallop Pool Update! Scallop has announced that they are now supporting wrapped $BTC, $SOL, $APT, and $CETUS on their protocol.
NAVI Protocol announced to have received investment and recognition from @ViabtcCapital. @ViabtcCapital is the investment arm under @ViaBTC - the leading BTC mining pool serving over 1m users in over 130+ countries.
In other news, Bucket Protocol also introduced Bucket Leaderboard – where users can discover how to earn, track, and maximize their scores for enhanced rewards and upcoming airdrops.
Aftermath Finance is kickstarting the LSD season on Sui with a Twitter space with some of @SuiNetwork's top validators: @everstake_pool, @StakinOfficial, @QredoNetwork, @suiscanofficial, @staketab, and @P2Pvalidator.
You can learn more about each validator and Aftermath Finance liquid staking implementation: afSUI here.
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!