Sui is developing rapidly, and the total locked value (TVL) of its ecosystem has exceeded 1 billion US dollars, with the highest single-day transaction this month reaching 117 million transactions. In addition, the number of daily active addresses of the Sui network has exceeded 1.67 Million, and the number of transactions has exceeded 2 billion times in total. The heat of the SUI ecosystem continues to rise.
Recently, OKX Ventures successfully held a Twitter Space event with the theme of "The Future and Impact of the SUI Ecosystem", aiming to explore the future development potential, technological innovation and industry application of the SUI ecosystem. The discussion brought together many core participants of the SUI ecosystem, including representatives of multiple projects such as SuiNetwork, Navi Protocol, Cetus Protocol and Haedal Protocol. Four senior guests from the SUI ecosystem were invited to this discussion: Cyn, SuiNetwork Asia Pacific Ecosystem Director Tony, Navi Protocol Chinese Ambassador Pika, Cetus Protocol Growth Director Luke, Haedal Protocol Co-founder Cyn, SuiNetwork Asia Pacific Ecosystem Director: SUI's Global Expansion and Technical Foundation Cyn introduced SuiNetwork's development strategy in the Asia-Pacific region in detail during the discussion, and shared how the SUI network brings more possibilities to the blockchain industry through technological innovation. She pointed out that the SUI network, relying on its unique programming language Move, has greatly improved the productivity of developers, especially in dApp development and smart contract deployment. Move's security and flexibility make the SUI network one of the platforms favored by developers around the world. Cyn further emphasized that the global expansion plan of the SUI network is particularly critical. SuiNetwork has rapidly promoted the construction of the developer community and the prosperity of the dApp ecosystem in the region by deepening its presence in the Asia-Pacific market. In the future, the SUI ecosystem will further accelerate its expansion globally and attract more developers and projects to join, providing impetus for the growth of the ecosystem. Tony, the Chinese ambassador of Navi Protocol: The future of liquid collateral derivatives (LSDeFi) Tony, the Chinese ambassador of Navi Protocol, focused his speech on the latest developments in the DeFi field, especially the application prospects of LSDeFi (liquidity collateral derivatives). Tony introduced how Navi Protocol uses the advantages of liquid collateral derivatives in the SUI network to promote the innovative development of the DeFi market. By allowing users to participate in other financial activities while staking assets, Navi has greatly improved the liquidity of assets and brought more profit opportunities to users.
Tony also revealed that Navi Protocol will continue to strengthen its in-depth cooperation with the SUI network while promoting the concept of decentralized finance in the Chinese community. They plan to launch more localized educational resources to help users better understand and participate in Navi and its LSDeFi model.
Pika, Head of Growth at Cetus Protocol: Creating Efficient Liquidity for the SUI Ecosystem
As the head of growth at Cetus Protocol, Pika detailed how Cetus promotes the development of the SUI DeFi ecosystem by providing efficient liquidity solutions. As an important part of the decentralized exchange (DEX), Cetus is committed to providing users with a low-cost and efficient trading experience.
He also pointed out that the next operational focus of Cetus is to build Cetus into a "super intent portal", that is, to automatically match the optimal trading path and results according to the user's trading goals. Cetus has aggregated all the amm pools, orderbooks, lsts, income products and even future private pools and custom pools in the entire ecosystem on the transaction aggregator, automatically submitting the best feedback results for users. Cetus' role in the SUI ecosystem is not limited to a trading platform. In the future, it will develop into the liquidity core of the entire SUI network and provide support for more projects.
Luke, co-founder of Haedal Protocol: Innovation in composability and security
As the co-founder of Haedal Protocol, Luke analyzed the advantages of the SUI network in terms of security, composability, and future application scenarios from a technical perspective. He introduced how Haedal maximizes the value and capital efficiency of the SUI chain through liquidity mortgage extensions, providing a more secure and flexible infrastructure for decentralized financial projects. Luke pointed out that Haedal will continue to optimize its protocol to ensure that it maintains its technological leadership in the rapidly developing blockchain ecosystem.
In addition, Luke also shared Haedal's future plans. Haedal is building a series of derivative products around its LSD facility. He believes that as a highly scalable blockchain platform, the SUI network can provide developers with more room for innovation and make cooperation between different projects smoother.
Future Outlook of SUI Ecosystem: Innovation and Collaboration
In this interactive session of Twitter Space, the four guests are unanimously optimistic about the future development of the SUI ecosystem. They believe that with the continuous expansion of the SUI network worldwide and the further development of its technological advantages, the SUI ecosystem will attract more developers and projects to join, especially in the fields of DeFi, NFT and on-chain games. Showing great potential.
Cyn pointed out that the technical foundation and innovative advantages of the SUI network, especially the application of the Move programming language, will become an important factor in promoting the rapid development of the SUI ecosystem. Tony and Pika also emphasized the necessity of ecological collaboration, believing that the future success of the SUI ecosystem will rely on the close cooperation of developers, users and the community. Luke added that projects such as Haedal will be committed to providing a more secure infrastructure for the ecosystem to ensure seamless integration and collaboration of different applications.
OKX Ventures: Optimistic about the SUI ecosystem, will continue to increase investment in ecological construction projects in the future
OKX Ventures is an early supporter of the SUI ecosystem and has participated in the investment of representative projects of the Sui ecosystem such as Navi Protocol and Cetus Protocol. It has witnessed the vigorous development of the Sui Network ecosystem and the continuous increase in on-chain interactive data.
SUI has significantly improved transaction speed and throughput through its parallel transaction processing and other technologies, providing an ideal foundation for complex applications. At the same time, SUI has fully utilized the advantages of Move technology and demonstrated the strong potential of the ecosystem. Move is a resource-oriented programming language that uses custom resource types to ensure that resources cannot be copied or implicitly destroyed and can only be moved between storage locations, thereby improving developer productivity and enhancing the security and flexibility of smart contracts and dApps, making SUI a platform favored by developers around the world.
During this Twitter Space event, projects such as Navi Protocol, Cetus Protocol, and Haedal Protocol actively promoted the further development of the SUI ecosystem. Navi Protocol improves the liquidity of assets through liquid collateral derivatives (LSDeFi), Cetus Protocol focuses on efficient liquidity solutions and becomes the core of ecosystem liquidity, while Haedal Protocol is committed to building a secure and flexible infrastructure. These projects not only enrich the functions of the SUI ecosystem, but also demonstrate the potential for collaboration between different protocols and improve user experience.
OKX Ventures has always firmly supported outstanding entrepreneurial teams in the SUI ecosystem and paid attention to the potential of SUI Network in global ecosystems such as DeFi, NFT, and on-chain games. We are confident in the future development of SUI and will continue to increase investment to promote its further growth.
JinseFinance
Cheng Yuan
Bitcoinist
Cointelegraph