• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

SUI Sets Records: $40B on DEX and Stablecoin Growth

user avatar

by Giorgi Kostiuk

a year ago


SUI has achieved significant progress, evident from the growth in trading volume and increase in stablecoin market cap, strengthening its position in the DeFi market.

DEX Trading Volume Reaches $40 Billion

SUI's trading volume on its platform hit $40 billion, up 13.5% from the previous month. This indicates active platform usage by traders, highlighting its substantial growth in the Web3 ecosystem. The increase signifies confidence from both institutional and individual participants in the platform.

SUI Stablecoin Market Cap Surges

In one month, the stablecoin market cap in the SUI ecosystem surged by 30.21% to $420.27 million due to a $97 million net inflow, reflecting growing liquidity and demand for SUI stablecoins. User and investor confidence in the platform's financial capabilities continues to grow.

SUI Achieves 8 Billion Transactions

SUI's blockchain network has surpassed 8 billion transactions, emphasizing its growth and demand in the market. Between May 2023 and January 2025, 2.92 billion transaction blocks were logged, underlining the platform's efficiency and readiness for rising user demand.

SUI's achievements in trading volume and stablecoin market cap highlight its crucial role in DeFi. The steady growth and ecosystem development make it appealing to developers and investors, reinforcing SUI's market position.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Tether Emerges as a Major Player in Global Gold Markets

chest

Tether has surpassed many central banks in gold purchases, raising eyebrows in both crypto and precious metals sectors.

user avatarLeo van der Veen

Spain's Sumar Group Proposes Stricter Crypto Tax Regulations

chest

Spain's Sumar parliamentary group proposed stricter tax regulations on cryptocurrencies, aiming to switch taxation from savings to general income base, potentially raising rates from 30% to 47%.

user avatarLi Weicheng

Jackie Chan Netflix Documentary Rumor Debunked by Changpeng Zhao

chest

A rumor claiming that Jackie Chan would star as Changpeng Zhao in a Netflix documentary has been debunked by Zhao, maintaining market stability.

user avatarAisha Farooq

Michael Green's Harsh Critique of Bitcoin: A Monopoly Game?

chest

Macro investor Michael Green critiques Bitcoin's design as economically brittle and socially corrosive, arguing it fails as a peer-to-peer payment system and reinforces economic inequality.

user avatarTenzin Dorje

Spoofing Attacks Target Monad Token Transfers

chest

Bad actors have begun spoofing token transfers on the Monad network less than two days after its official launch, misleading users with fake transactions.

user avatarBayarjavkhlan Ganbaatar

Stablecoin Transfer Volume Surpasses 50 Trillion

chest

Stablecoins have surpassed 50 trillion in annual transfer volume, highlighting their importance in the global financial system and decentralized finance.

user avatarMohamed Farouk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.