📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
The Sui public chain's DeFi ecosystem has exploded with TVL surpassing $282 million.
The Sui public chain ecosystem is developing rapidly, and DeFi projects are performing outstandingly.
Recently, the native token (SUI) of the Sui public chain has seen a significant price increase, reaching a high of 1.36 USD, almost returning to its highest level since launch, and surpassing its competitor in the MOVE ecosystem.
Data shows that the Total Value Locked (TVL) in Sui continues to rise, surpassing $275 million on January 13, reaching $282 million. This steady growth trend may have contributed to the rebound in the price of SUI tokens.
In terms of ecological development, the Sui Foundation actively promotes various initiatives, including developer grants, project funding, and educational support. As of January 12, 86 projects have been funded, totaling $4.72 million. Additionally, Sui has provided extra support for liquid staking, having announced a contribution of 25 million SUI tokens to increase liquidity for liquid staking tokens (LST) across various DeFi protocols.
Sui seems to be continuously providing token incentives for leading DeFi projects, with almost all top DeFi projects having officially allocated SUI token rewards. This incentive mechanism promotes ecological development, which in turn may drive up the price of SUI, creating a virtuous cycle.
The following is the development status of several major DeFi projects in the Sui ecosystem:
Overall, the projects leading in TVL within the Sui ecosystem are mainly concentrated in three categories: liquid staking, lending, and DEX. Liquid staking projects can obtain additional liquidity support, with APR in DEX generally around 30%; lending projects like NAVI Protocol and Omni BTC have seen rapid growth recently; in the DEX field, Cetus still maintains a leading position. The vigorous development of these projects reflects the overall prosperity of the Sui ecosystem.
Please generate a comment for this article in Chinese:
It's still somewhat valuable.