• 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

XRP Market Liquidity Shifts to Upbit

chest

Recent data indicates that Upbit has surpassed Binance and Coinbase in XRP trading volume, signaling a notable shift in market liquidity.

user avatarLuis Flores

Sharplink Reports Significant Loss Amid Ethereum Price Drop

chest

Sharplink reported a full-year loss of $734 million due to declining Ethereum prices, despite achieving $101 million in profits in 2024.

user avatarArif Mukhtar

UK Political Landscape Faces Scrutiny Over Crypto Donations

chest

Reform UK has become the first major British political party to accept cryptocurrency donations, raising concerns about transparency, money laundering, and foreign interference in elections.

user avatarMaria Gutierrez

Nigel Farage Joins Stack BTC Plc as Investor

chest

Reform UK leader Nigel Farage has made a notable investment in Stack BTC Plc, contributing to a fundraising round aimed at bolstering the company's Bitcoin treasury.

user avatarDavid Robinson

Dogecoin Faces Critical Support Level Amidst Technical Analysis

chest

Dogecoin is currently trading near multiyear lows, with traders speculating on a potential breakout as it tests a critical support level.

user avatarAndrew Smith

Traditional Banks Consider Legal Action Against OCC Over Crypto Licenses

chest

The traditional banking sector in the U.S. is considering legal action against the OCC over federal licenses granted to crypto firms.

user avatarJacob Williams

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.