Sui's DeFi Weekly Roundup #2 (August 11, 2023)
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
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.
Upcoming plan of #FlowX on August
— FlowX Finance (@FlowX_finance) August 9, 2023
1️⃣ FlowX has completed the audit by @Verichains
2️⃣ Farming as a Service (Faas) will launch on August for all projects to create a liquidity mining program.
3️⃣ After the end of TradeX, another program will be revealed. Let's wait and see 👀… pic.twitter.com/aPuyrU2skc
FlowX official links: Website | Twitter | Discord
Kana Labs
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.
@kanalabs is thrilled to announce a celebration of epic proportions👀
— Kana Labs (@kanalabs) August 8, 2023
To mark the integration of @suiswap_app on our cross-chain swap aggregator we are launching a massive #giveaway
1500 $SUI total to 100 winners.
Check the @zealy_io quest now 👇https://t.co/rJsabYcjqM pic.twitter.com/EJpBl6ilkH
Kana Labs official links: Website | Twitter | Discord
ChopSui
ChopSui released an article explaining the value proposition of their native token $CHOP. Read the article here.
🌞GM #CHOPPERS.
— ChopSui💧 (@OfficialChopSui) August 7, 2023
Why should you hold our native token $CHOP?
Read more below about our value proposition: 👇👇https://t.co/IRKllSpiey
ChopSui official links: Website | Twitter | Discord
Suiswap
@kanalabs has successfully integrated with Suiswap as @kanalabs's aggregator can provide better liquidity support for Sui and cross-chain transactions.
We are delighted that @kanalabs has successfully integrated with Suiswap. @kanalabs's aggregator can provide better liquidity support for Sui and cross-chain transactions. https://t.co/eVqxYsyAYw
— Suiswap (@suiswap_app) August 7, 2023
Suiswap official links: Website | Twitter | Discord
KriyaDEX
KriyaDEX just became the top-performing DEXs on Sui with over 1.5M transactions!
Super proud that our spot_dex module is now the most used DEX smart contract on @SuiNetwork!
— KriyaDEX.sui (@KriyaDEX) August 9, 2023
It's not just a win for @KriyaDEX's tech team, smoothly processing 1.5M txns is a bigger win for:
> Sui's version of move + it's DAG consensus
> @ShinamiCorp's robust RPC infra… https://t.co/MqKR5jr6px pic.twitter.com/B6CTcdtO4R
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.
@KriyaDEX is happy to partner with the talented team at @CelerNetwork! One of the best cross-chain bridging solutions in the ecosystem🧘♂️
— KriyaDEX.sui (@KriyaDEX) August 11, 2023
We'll be listing 2 pools of Celer assets and both of them will be a part of our ongoing Suinami LP Campaign's Week 4!🌊#BuildOnSui pic.twitter.com/YU3tg4YtqF
KriyaDEX official links: Website | Twitter | Discord
WispSwap
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.
We're thrilled to announce a groundbreaking partnership between @WispSwap and @navi_protocol
— Wisp Swap | IDO’s Coming (@WispSwap) August 10, 2023
🤝 Get ready for a fusion of liquidity provision and cutting-edge decentralized exchange services on #Sui blockchain. 🌐🔥
🎉 Celebrating our partnership, we're co-hosting a giveaway… pic.twitter.com/F2isbFmY95
WispSwap official links: Website | Twitter | Discord
SeaPad
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.
🎉 Exciting News!
— SeaPad (@SeaPad_defi) August 8, 2023
Our Staking pool is on the brink of going live, presenting a fantastic opportunity for you to earn rewards.
Follow our pool: https://t.co/PUDUogmq3l
💼 Stake your tokens to embark on this journey and unlock the potential to earn up to 100,000 $SPT rewards.… pic.twitter.com/23wSRidCq7
SeaPad official links: Website | Twitter | Discord
Interest Protocol
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.
Whizzing through the week with another #TwitterSpace with our latest partner @CelerNetwork
— Interest Protocol - SUI💧 (@interest_dinero) August 9, 2023
Celer Network is inter-blockchain and cross-layer communication platform. ⛓️
📆 Date: Aug 11, 2023
⏰ Time: 4 PM UTC
🔗 Link: https://t.co/OaU2BtIzUG
See you there! 👋 pic.twitter.com/SyDAloZeUJ
Interest Protocol official links: Website | Twitter | Discord
ABEx Finance
ABEx Finance, the first on-chain perpetual protocol on @SuiNetwork, is now officially live on the mainnet!
🚀 A new milestone! ABEx, the first on-chain perpetual protocol on @SuiNetwork , is now officially live on the mainnet! 💫 Enjoy leveraged trading on 10 tokens with zero price impact! 💰 Liquidity providers will enjoy 100% of the protocol's profits! 🤝 Join us now and let's… pic.twitter.com/9GeCSoO21T
— ABEx Finance | 1st perp on Sui (@ABExFinance) August 7, 2023
ABEx Finance official links: Website | Twitter | Discord
Scallop
New Scallop Pool Update! Scallop has announced that they are now supporting wrapped $BTC, $SOL, $APT, and $CETUS on their protocol.
🚨New Scallop Pool Update LIVE🚨@Scallop_io is excited to announce that we are now supporting wrapped $BTC, $SOL, $APT and $CETUS on our protocol! pic.twitter.com/A5SwmFmg0Z
— Scallop.sui (@Scallop_io) August 10, 2023
Scallop official links: Website | Twitter | Discord
NAVI 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.
🚨 Announcement:
— NAVI Protocol | navi.sui (@navi_protocol) August 6, 2023
We are delighted to share that @navi_protocol received investment and recognition from @ViabtcCapital. @ViabtcCapital is the investment arm under @ViaBTC - the leading BTC mining pool serves over 1m users in over 130+ country.
The investment is an… https://t.co/RuKzcd5HL1
NAVI Protocol official links: Website | Twitter | Discord
Bucket Protocol
Bucket Protocol has become a part of @okxweb3 @SuiNetwork Cryptopedia! Users can complete tasks now & earn huge rewards.
GM, we at @bucket_protocol are delighted to be a part of @okxweb3 @SuiNetwork Cryptopedia! 🎉
— Bucket Protocol (@bucket_protocol) August 8, 2023
Complete tasks now & earn huge rewards 🌞
How to join 👉
Open the #OKX App ➡️ Wallet
➡️ Discover ➡️ Cryptopedia: #SUI
➡️ BUCKET
Go read article to get started:https://t.co/fqebpuLv4L… pic.twitter.com/CCSDoriUIe
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.
🚀 Exciting News! Introducing the Bucket Leaderboard –Discover how to earn, track, and maximize your scores for enhanced #rewards and upcoming #airdrops.
— Bucket Protocol (@bucket_protocol) August 10, 2023
Learn about Positioning, Deposits, and LP Staking through our comprehensive tutorial.
Dive in: 🧵⬇️https://t.co/i06u6AVb3S pic.twitter.com/DaSEkCX9tZ
Bucket Protocol official links: Website | Twitter | Discord
Aftermath Finance
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.
📢 We are kickstarting the LSD season on #Sui with a Twitter spaces with some of @SuiNetwork's top validators!!
— Aftermath Finance (@AftermathFi) August 5, 2023
Tune in next week (August 9th @ 3PM UTC/8AM PDT) to learn more about each validator and our liquid staking implementation: afSUI 🚀 pic.twitter.com/nZadAVtLYW
Aftermath Finance 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!