![Sui Becomes a Top 10 DeFi Blockchain as TVL Tops $430M Sui Becomes a Top 10 DeFi Blockchain as TVL Tops $430M](https://digitallifegaming.com/wp-content/uploads/2024/01/NST62GVJBNFURAM6UMR3H5EHZQ-768x402.jpg)
[ad_1]
[gpt3] a new article in English that is SEO-optimized and incorporates as many relevant keywords as possible. The article should be based on the information provided in the existing post content. Additionally, please include a dedicated FAQ section and a conclusion section to enhance the reader’s experience
The total value locked (TVL) has jumped by more than 1,000% in four months, catapulting the blockchain above more established incumbents such as Bitcoin and Cardano, as well as Coinbase’s layer-2, Base. The dollar value of cryptocurrencies deposited in its decentralized finance (DeFi) protocols topped $430 million, making it the 10th-largest blockchain by TVL, Sui said. As of writing, it had slipped to No. 11, behind PulseChina, DeFi Llama data show.
[/]
[ad_2]
Source link