• 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

BNB Price Pattern Indicates Stability as Market Awaits Major Events

chest

The BNB price pattern indicates stability, trading between 9.40 and 9.50, as market participants await significant events that could influence price movement.

user avatarKaterina Papadopoulou

Micron Signs $18 Billion Deal to Acquire Powerchip's P5 Fabrication Site

chest

Micron has signed a letter of intent to purchase Powerchip Semiconductor's P5 fabrication site in Taiwan for $18 billion, aiming to increase DRAM production amid tight global memory supply.

user avatarMaya Lundqvist

Trust Wallet Issues Alert After $7 Million Theft from Browser Extension

chest

Trust Wallet has issued a security warning about a breach compromising $7 million in assets due to a vulnerability in its browser extension.

user avatarLeo van der Veen

Popular Crypto Sportsbooks for Horse Racing Betting

chest

An overview of various crypto sportsbooks catering to horse racing bettors highlights their features and suitability.

user avatarAisha Farooq

Global Popularity of Horse Racing and Its Betting Ecosystem

chest

Horse racing is a global sport with significant betting volumes, particularly in the UK, US, Australia, Japan, and Hong Kong.

user avatarTenzin Dorje

Influential Racehorses and Their Impact on Betting Behavior

chest

Certain legendary racehorses have transformed betting behaviors and market dynamics in horse racing.

user avatarLi Weicheng

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.