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Sui Ecological Derivative Agreement Bluefin's 24-hour trading volume reached 400 million US dollars, ranking third among all derivative products

Sui Ecological Derivative Agreement Bluefin's 24-hour trading volume reached 400 million US dollars, ranking third among all derivative products

Bitget2024/01/17 08:46
SUI-1.36%BLUE+1.39%

According to Defillama data, the 24-hour trading volume of the derivative protocol Bluefin, built on Sui, reached $400 million USD, currently ranking third among all DeFi derivative protocols and being the top derivative protocol in terms of trading volume within the Sui ecosystem.

It is reported that Bluefin is a decentralized perpetual contract protocol based on off-chain order books and has received investments from top institutions such as Polychain. The average daily trading volume in December was $103 million USD, with a market share of over 80% in the DEX track market within the Sui ecosystem.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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