Sui Blockchain

Sui's DeFi Weekly Roundup #7 (September 26, 2023)

Harvey

Sep 26, 2023 • 6 min read

Sui's DeFi Weekly Roundup #7 (September 26, 2023)

Welcome to Sui's DeFi Weekly Roundup #7, where we bring you the freshest updates and news from the thriving DeFi projects on Sui Blockchain.

FlowX

FlowX releases some highlight numbers after 2 months on Mainnet with some recorded outstanding numbers as below. We will soon look forward to more amazing records as they are about to enter the IDO phase!

Highlight Numbers Of #FlowX 🔥

After 2 month launching on Mainnet, #FlowX has recorded outstanding numbers:

✅Total value locked: 900K$ +
✅Total trading volume: 13M$ +
✅Total transactions: 200K +
✅Twitter: 60K+ followers

This is just the beginning for #FlowX, together we… pic.twitter.com/rstu4X3no2
— FlowX Finance (@FlowX_finance) September 18, 2023

FlowX official links: Website | Twitter | Discord

KriyaDEX

KriyaDEX introduces Month 2 of the Suinami campaign with new updates about LP Staking for rewards and Up to 8x APY multipliers for committed LPs! In the tweet, they also give users a closer look at the milestones reached during month 1 with notable additions of total trade over $3M volume and Peak TVL hit $2.8M+!

Introducing Month 2 of Suinami campaign! 🌊

What's new?
> LP Staking for rewards
> Up to 8x APY multipliers for committed LPs

What's old?
> High APYs
> No min. lock time

📖 Discover what's in store with full guide below! 👇🏻 pic.twitter.com/ytecWpzhiC
— KriyaDEX.sui (@KriyaDEX) August 18, 2023

KriyaDEX official links: Website | Twitter | Discord

Typus Finance

The Dashboard & Level System of Typus Finance is live! Holders of Tails by Typus can upgrade their hidden traits and unlock exclusive benefits! A noteworthy reminder is that Tails isn't just an average PFP. Typus is building an on-chain user incentive system that integrates Typus products to provide real value to their users! Stay tuned for Season 2+ of Typus level-up campaign where they unlock more benefits for holders!

ALPHA: OUR NFT DASHBOARD & LEVEL SYSTEM IS LIVE ⚡️

Want to upgrade your hidden traits and unlock exclusive benefits?

Put those Tails to use by staking & leveling up!

👉🏻 https://t.co/h802K8Hozb pic.twitter.com/v7xtr9XXbX
— Typus Finance (@TypusFinance) September 23, 2023

In other news, Typus also hosted a Twitter Space today at 09:00 EST as their Founder - Tommy (@Pentameal) will discuss Sui kiosk possibilities of NFT tech on @SuiNetwork with the guests featuring Damir (@themoveguy) and Anoop (@anoopkansupada) from Mystel Labs, Bryan - Founder of Hyperspace - @thebryanjun.

Post Token2049 & Post mint - let's talk about Sui kiosk and the possibilities of NFT tech on @SuiNetwork 🌊

Stoked to have on an all star panel featuring @themoveguy, @anoopkansupada, @thebryanjun, and our very own @Pentameal!

Set your reminders now 👇🏻https://t.co/i86uqImCrq pic.twitter.com/0ed4kbszh1
— Typus Finance (@TypusFinance) September 21, 2023

Typus Finance official links: Website | Twitter | Discord

Bucket Protocol

Bucket announces that they have received the Sui Education Grants which is helping them to make the development ecosystem more user-friendly! The team behind Bucket Protocol is building a VS Code Extension (GPTutor) supercharged by ChatGPT's AI. This extension enables developers to better understand code and logic within smart contracts.

🌟 We're thrilled to share our gratitude for the incredible education grant that's helping us make the dev ecosystem more user-friendly @SuiNetwork

Thanks to this support, we're one step closer to our adoption goal #DevLife #SuiEducationGrant https://t.co/rezLtUF5jq
— Bucket Protocol (@bucket_protocol) September 22, 2023

Bucket Protocol official links: Website | Twitter | Discord

Scallop

Scallop releases the Yield Incentive Program where users are able to earn more from their deposits with the boosted APR Rates of SUI: 63.23% and USDC: 52.6%!

Scallop’s Incentive Program is a period-based rewards program designed to reward loyal Scallopers for their support and contribution to the Scallop ecosystem!

💦YIELD INCENTIVE PROGRAM💦

Juicy rewards up for grabs👀

Introducing Scallop's Yield Incentive Program, where Scallopers are able to EARN MORE from their deposits!

💧Boosted APR Rates💧
SUI: 63.23%
USDC: 52.6%

Find out more👇🧵 pic.twitter.com/82a5AeiSxi
— Scallop.sui (@Scallop_io) August 21, 2023

In other news, Scallop celebrates 60k Twitter followers by hosting a giveaway worth 600 $SUI to users!

💧SCALLOP 60K FOLLOWERS💧

Scallop community growing stronger day by day, 100K here we come!🔥

To celebrate our new milestone, we are giving away 600 $SUI to our loyal supporters!

To enter:
1. Follow @Scallop_io
2. Like and RT this tweet
3. Tag 3 friends

🎁6 Winners, 1 Week pic.twitter.com/Q6gZzBCjbo
— Scallop.sui (@Scallop_io) September 20, 2023

Scallop official links: Website | Twitter | Discord

NAVI Protocol

NAVI launches Rocketeer Ambassador Program - an initiative designed to engage and reward their most fervent supporters. You can read the details about the program here.

NAVI launches Rocketeer Ambassador Program 🚀

Join our Ambassador Program: https://t.co/HbyP51o4V7

In blockchain, community is everything!

This is why we're excited to announce the Rocketeer Ambassador Program, an initiative designed to engage and reward our most fervent… pic.twitter.com/CgkaSc8i1f
— NAVI Protocol | navi.sui (@navi_protocol) September 18, 2023

In other news, the NAVI team released an article to explain why they chose OtterSec NAVI's Security Audit.

🔒 Why Choose OtterSec for NAVI's Security Audit? 🔍

🤝 #Security #blockchain https://t.co/sbnJzwE24k
— NAVI Protocol | navi.sui (@navi_protocol) September 20, 2023

NAVI Protocol official links: Website | Twitter | Discord

Another new related to NAVI Protocol, @navi_protocol has integrated https://suivision.xyz/ as the default explorer for their users to easily track their on-chain transactions!

There's no better place to access accurate blockchain data for your #NAVI transactions than @blockvisionhq 's https://t.co/FuyJIrHxUT.

BlockVision is a leading data infrastructure provider, offering the best Sui Explorer SuiVision and RPC services on @SuiNetwork https://t.co/Qp9hNvAUBl
— NAVI Protocol | navi.sui (@navi_protocol) September 26, 2023

NAVI Protocol official links: Website | Twitter | Discord

Kana Labs

Kana Labs and @JasmyMGT host a Twitter Space together to analyze the current crypto market and the future of Real World Assets.

Join us and our friends at @JasmyMGT to learn about analysing the current #crypto market and the future of Real World Assets #RWA 🔥🔥

Space link : https://t.co/23uTXIrkDL

Lookout for a twitter space giveaway soon👀👀 pic.twitter.com/hlEhz6Xl9D
— Kana Labs (@kanalabs) September 22, 2023

In other news, Kana Labs' Cross-Chain DEX Aggregator is now LIVE on the Sui Mainnet - https://app.kanalabs.io

Our Cross-Chain DEX Aggregator is now LIVE on the #Sui Mainnet - https://t.co/awxKEZp7dr

But that's not all! We also have a Leaderboard that rewards your active participation in the @SuiNetwork.

Ready to battle for the top?⚔️

Join discord to know more!https://t.co/K899GVqBsX pic.twitter.com/CIzmEOGPcs
— Kana Labs (@kanalabs) September 20, 2023

Kana Labs official links: Website | Twitter | Discord

Haedal

Haedal will join the wispSUI LST basket powered by @WispSwap. With the partnership, Haedal will join forces with WispSwap to further develop the on-chain liquidity and discover the utilities of LSDfi on the Sui Network.

We are happy to announce that #Haedal will be joining the wispSUI LST basket powered by @WispSwap 🎆🎆 With the partnership, Haedal join forces with WispSwap to further develop the on-chain liquidity and discover the utilities of #LSDfi on #Sui network 🌊🌊 pic.twitter.com/G1Z8InhQiu
— Haedal🦦 (@HaedalProtocol) September 19, 2023

In other news, Haedal also announced that Haedal has supported @okxweb3 wallet! OKX users will be able to access Haedal through in-wallet explorer at one click.

We are excited to announce that Haedal has supported @okxweb3 wallet 🔥🔥 OKX users will be able to access Haedal through in-wallet explorer at one-click👊🏻 https://t.co/agab8uiJs6
— Haedal🦦 (@HaedalProtocol) September 22, 2023

Haedal official links: Website | Twitter | Discord

Cetus

Cetus released a tweet to summarize all the UI changes on their pool page.

Some users may have noticed that we recently upgraded the UI of the #Cetus pool page🐳. Here is a brief overview of what new experiences you can enjoy with this revamp👇:
🧵1/n pic.twitter.com/fUD1lqJ2c0
— Cetus🐳 (@CetusProtocol) September 21, 2023

Cetus 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