• 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

DeSoc Emerges as a Potential Successor to Facebook and TikTok

chest

DeSoc, a decentralized social media platform, aims to reshape user ownership and monetization in the social media landscape.

user avatarMaria Gutierrez

Market Sentiment Shifts Against Bitcoin-Heavy Firms

chest

Investors are increasingly valuing Bitcoin-heavy firms based on their holdings rather than potential growth, marking a shift in market sentiment.

user avatarDavid Robinson

Oracle Partners with OpenAI for Massive Cloud Infrastructure Deal

chest

Larry Ellison's Oracle has partnered with OpenAI to create a national AI data center plan called Stargate, addressing the urgent need for more computing power.

user avatarAndrew Smith

BYUSDT Trading Competition with 700,000 USDT Prize Pool Announced

chest

Bybit has announced a trading competition for its newly launched BYUSDT token, with a total prize pool of 700,000 USDT. The competition starts at 10 am UTC on December 15.

user avatarZainab Kamara

Bybit Launches BYUSDT Token Exclusively for VIP Users.

chest

Bybit has launched BYUSDT, a proprietary token for VIP users, allowing them to convert USDT balances into trading margin while earning yield.

user avatarJacob Williams

Analysts Predict Potential Volatility in Bitcoin Market

chest

Analysts suggest that a liquidity sweep may occur early in the week, impacting Bitcoin's price direction.

user avatarSon Min-ho

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.