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The total value of Sui's lock-ups surged from $90 million to $560 million in three months.

The total value of Sui's lock-ups surged from $90 million to $560 million in three months.

2024/02/13 21:58
SUI+0.27%

Blockchain Sui's total value of locked positions ( TVL ) has surged from $90 million to $560 million in three months. As of the end of October last year, there were 73 million SUIs in its DeFi protocol, which now exceeds 320 million. Built as a delegated proof-of-interest network by former Facebook/Meta engineers, Sui is said to be positioned as a high-performance blockchain that executes transactions in parallel to improve transaction processing efficiency.

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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